Emerging Technologies
Otkritie Appoints CEO, Senior Team Ahead of Global Push
Moscow-headquartered brokerage Otkritie Capital has announced the appointment of Nikolay Katorzhnov as its new CEO, along with several other senior-level hires and promotions.
Markit-Quartet Alliance to Yield Increased Risk Performance
Markit and Quartet FS, the London-based provider of in-memory analytics technology, have announced an alliance that, according to Markit, will enhance the way its Markit Analytics’ clients visualize stochastic risk calculations such as Risk Weighted…
NYSE-ICE Acquisition Proposal Gains Shareholder Approval
Shareholders in NYSE Euronext have approved the acquisition of the stock exchange giant by IntercontinentalExchange (ICE), one of the first steps in the formalization of an entity that spans equities, commodities and derivatives trading.
Another Poll Indicts Buy Side on Central Clearing
As of March, a majority of buy-side firms were still not ready to centrally clear over-the-counter (OTC) derivatives, according to a poll by SimCorp, a Copenhagen-based software provider.
Nasdaq Completes Purchase of Thomson Reuters Businesses
Nasdaq OMX has completed its acquisition of Thomson Reuters' investor relations, public relations and multimedia solutions businesses, which will be integrated with Nasdaq's global technology solutions business.
Ex-Tradeweb, Benchmark Solutions CEO Toffey Joins GFI
James Toffey, who founded Tradeweb and later worked with private equity firm Warburg Pincus to build short-lived fixed income pricing provider Benchmark Solutions, will head up the interdealer broker's electronic markets in cash, derivative instruments,…
SIX Announces Departure Of CEO
Thomas Gross left SIX Financial Information on June 5 after serving as CEO for four years
Gottex Brokers Opens London Office
Interdealer broker Gottex Brokers has announced the launch of its London office, along with a raft of new hires in its credit team.
SocGen's New Lease: CTO Bob Schmeider Prepares a Built-to-Spec New York Trading Floor
In July, Société Générale is heading east to its new home at 245 Park Avenue. With the massive infrastructural consequences in store, Americas CTO Bob Schmeider has found a project—la nouvelle maison Americaine—that is ideally fit. By Tim Bourgaize…
Private Equity's Data Play
In private equity, general partners (GPs)—which invest directly in portfolio companies—are becoming more sophisticated about monitoring those companies’ performance, while limited partners, which invest in the GPs’ funds, are in turn scrutinizing the…
June 2013: Nothing Typical About the Buy Side
While a wide array of financial firms can be categorized as "buy-side" institutions, Victor says that when it comes to their technology needs, they can be as different as chalk and cheese.
Anthony Malakian: A Data Chief on the Buy Side? Not So Fast
Some large banks have created the role of chief data officer in recent years. However, Anthony says this is not a trend that is likely to catch on anytime soon on the buy side.
Exit Stage Left For JPMorgan CIO Chiarello
JPMorgan CIO Guy Chiarello is stepping down, according to an internal memo circulated within the bank and seen by the Wall Street Journal.