Emerging Technologies
The Dust Settles in Knight's Arena
It's been two weeks since one of Knight Capital’s systems went haywire and nearly sunk the market-maker. Already, the situation has stabilized, and the industry can start thinking about the bigger picture.
Icap to Establish a Single Global Broking Service
Broking had been run on a strictly regional basis at the interdealer broker.
LCH.Clearnet Acquires IDCG
UK clearing house expands US presence with buy.
Bravura Solutions Hires Hofmann for EMEA Sales
Former Calastone sales director joins vendor's London office.
CLS Group Appoints New CEO
Ex-JPMorgan executive to lead settlement bank.
JonesTrading Acquires Conifer Securities
The deal opens up access to new services for both firms.
Thomson Reuters Extends FXall Offer
Information giant also agrees to settle class action lawsuit.
Former SunGard Boss Joins Startup True Office as Chairman
Conde had been with SunGard for 24 years before leaving last year.
Sinara Moves Data Hosting to Interxion
The move to Interxion's London campus will allow the vendor and clients to cross-connect to data vendors and customers
Smart Move for RBS Appointment
Morgan Stanley staffer joins British bank.
Julius Bär Acquisition of BAML IWM to Incur Significant Tech Costs
Running parallel platforms, infrastructure upgrades, and migration will constitute a large piece of total transaction costs, estimated at CHF400 million ($411 million).
Swissrisk Financial Systems Rebranded After Takeover
Vendor renamed following acquisition by Dion in January.
Open Platform: Don’t Get ‘Owned’ By Data Ownership
The future of financial firms’ market data organizations will be defined by effective governance of external data and proprietary prices. But lack of standards and myriad disparate policies is creating opacity, confusion and potential liabilities, says…
RBC Investor Services Promotes Anderson as Head of Network Management
The veteran of Northern Rock will be based in Dublin.
OpenGamma Raises $15M, Preps Hosted Data Delivery, Targets Smaller Shops
New investment will fund expansion, product development to target new client base
DataSift Preps Financial Play for Social Data
Vendor hires industry vets to spearhead financial push
BAML Appoints Two for Global Transaction Services
Bill Borden will oversee product solutions while Dennis Sweeney will continue to specialize in treasuries.
