Emerging Technologies
GA's Markit Stake Fuels Rumors of Bid for Interactive Data
Private equity firm General Atlantic acquired a 7.5 percent stake in UK-based data vendor Markit last week for $250 million, prompting some sources to suggest that the vendor could be considering a bid for Interactive Data Corporation, which earlier this…
CESR Chairman Wymeersch Calls for EU Consolidated Tape
The Committee of European Securities Regulators has joined calls for a pan-European "consolidated tape" of trade data that would consolidate executed prices from exchanges and multilateral trading facilities for stocks traded on multiple venues, to…
Progress Revamps Sales Teams
Progress Software, the parent company of complex event processing software vendor Apama, is in the midst of reorganizing its sales and support organizations to provide a "joined-up" sales strategy that enables the vendor to cross-market its diverse…
Progress Revamps Sales Organization
BOSTON-Progress Software, which owns complex event processing (CEP) software vendor Apama, is in the midst of reorganizing its sales and support organizations to provide a "joined-up" sales strategy that enables the vendor to cross-market its diverse…
FTEN Targets Global Expansion
NEW YORK-High-frequency execution and risk-control platform provider FTEN has set its sights on establishing its presence in Asia as well as expanding its European footprint, according to a vendor spokesperson.
Aviva Investors connects to Calastone
Aviva Investors, the global asset management business and wholly owned subsidiary of Aviva plc, has signed an agreement to make its UK-domiciled retail funds available via the global Calastone transaction network. Aviva Investors' third-party…
Month in Numbers
"With CEP, we were able to develop our first strategy - of course it was a simple one - within days. We were able to connect that strategy, locally test it, and now we're running it in Brazil and the US"
Spotlight on John Lehner
Having served as president of Eagle Investment Systems for many years, John Lehner has now assumed greater control of the buy-side technology provider after his promotion to chief executive. He talks with Stewart Eisenhart about the parameters of his new…
Langevin, Mangan Break from BarCap
Three members of Barclays Capital's market data team in New York have left the firm to take on new roles at other banks, Inside Market Data has learned.
PERSPECTIVES: IT Spending
People
Bessemer Stake to Fund Activ's Expansion Plans
Low-latency data vendor Activ Financial last week announced a $25.3 million investment from venture capital firm Bessemer Venture Partners, designed to fund expansion projects to enable Activ to pursue larger-scale opportunities, in return for an…
SpryWare Boosts NY Salesforce
Chicago-based ticker plant vendor SpryWare is beefing up its New York presence with two new hires to market the vendor's Market Information Server ticker plant to firms with low-latency and high-capacity market data requirements in the city.
StreamBase Embarks on Hiring Spree
Lexington, Mass.-based complex event processing software vendor StreamBase Systems has made a series of new hires to support business growth and client expansions by bolstering its sales and technical development functions.