Emerging Technologies
Inventing the New Thing Is the New Thing
Innovation is like vacation—people spend more time talking about the amazing places they’re going than they spend actually getting there. There isn’t a company worth its salt where innovation is not part of its agenda, although its application varies…
Traiana names Guy Eden as Head of Product Management
Traiana, the New York-based provider of pre-trade risk and post-trade processing solutions, has appointed Guy Eden as its new head of product management to focus on creating scalable cross-asset processes.
Wolters Kluwer to Acquire Svenson from SmartStream
Wolters Kluwer Financial Services has announced that it will acquire SmartStream's regulatory reporting product suite Svenson, after signing an agreement with the vendor.
Levanon to Leave Tel Aviv Exchange by December
Ester Levanon, CEO at the Tel Aviv Stock Exchange (TASE), has announced her resignation from the Israeli bourse, with a departure date set for year-end.
LCH.Clearnet CEO Ian Axe to Step Down
The London Stock Exchange Group (LSE) has announced that LCH.Clearnet CEO Ian Axe is to leave his position, after leading the global clearing house group for more than two years.
REDI Now Independent of Goldman
Goldman Sachs has sold REDI, with its REDIPlus execution management system (EMS), to a consortium of investors, including Bank of America Merrill Lynch (BAML), Barclays, BNP Paribas, Citadel and Lightyear Capital. Even with the sale, Goldman will still…
EMCF and EuroCCP Sign Sale and Purchase Agreement
Owners of the clearing houses EMCF and EuroCCP have signed a sale and purchase agreement, formalizing an intention to combine the two businesses that was announced earlier in the year.
Has PRISM Changed Perceptions of Cloud Security on Wall Street?
Anthony wonders if CIOs are a bit more concerned about the security of their data after the National Security Agency (NSA) leaks, and the resulting spotlight shined on the PRISM and Tempora internet surveillance programs, first reported by The Guardian…
INTL FCStone Abandons Cleartrade Acquisition Plans
Commodities brokerage INTL FCStone has dropped its plans to acquire a controlling interest in Cleartrade Exchange (CLTX), citing Dodd-Frank Act provisions as a barrier to the deal.
Information Mosaic Names Chief Revenue Officer
Philip Hogan, most recently an Asia-Pacific executive at DST, joins the company in a newly created role