Emerging Technologies
Insults and injuries
Hedge fund and investment managers could have had a better start to 2009, but that apparently isn't on the cards for the industry.
Merged Thomson Reuters Breaks Cover
One of last year's big talking points-the takeover of Reuters by Thomson Corp.-came to fruition this year, creating a combined data vendor larger than rival Bloomberg and with a diverse set of products and services beyond just financial markets, such as…
Financial Crisis Puts Rating Agencies Under Fire
Rating agencies came under closer scrutiny from regulators during 2008, following last year's sub-prime mortgage disaster and the ensuing broader financial crisis.
That Was The Year That Was
If you're reading this on the date of publication (only three shopping days left ‘til Christmas!), then you're either a big fan of Inside Market Data , or you're stuck at your job trying to balance your firm's budgets with its data needs for next year,…
Morningstar Buys Tenfore for Real-Time Play
Chicago-based investment research provider Morningstar plans to integrate its content with that of Tenfore Systems, after buying the UK-based data vendor for £13.5 million in cash last week.
SEC Mandates XBRL for Filings Data
The Securities and Exchange Commission last week ruled to mandate the use of eXtensible Business Reporting Language (XBRL) as an interactive data format for financial filings from all publicly traded US companies, to make it easier for financial analysts…
Groups Urge Buy Side to Reduce Reliance on Rating Agencies
Three industry bodies published guidelines last week, advising asset managers to reduce their reliance on rating agencies when investing in structured credit products.
Iress Expands Asia-Pacific Web Workstation
Iress Market Technology, a Melbourne-based provider of data, order management and wealth management software, plans to add several Asian markets onto WebIress, its online equity information and trading system, in a bid to expand its presence in the…
Trading Metrics Restructures in Survival Bid
New York-based latency monitoring software vendor Trading Metrics is cutting back operations and restructuring, after failing to raise more funding or reach agreement on a sale to safeguard the business, which hit trouble when the economic crisis forced…
West Highland, ITRS Unveil Joint Support Offering
New York-based market data support and remote system management services provider West Highland Support Services has partnered with ITRS, a London-based systems monitoring software vendor, to create a joint consolidated offering that integrates ITRS'…
Report: Latency Spend to Continue
Financial institutions are continuing to invest more money in latency-reducing technologies, despite constrained budgets resulting from the ongoing financial crisis, according to a research report published last week by Datamonitor.
VWD Appeals EC Thomson Reuters Approval
German data vendor VWD is appealing the European Commission's decision earlier this year to approve the merger of Thomson and Reuters, Inside Market Data has learned.
OTC Derivatives Oversight Strengthened
COMPLIANCE
Position Keeping
PEOPLE