Emerging Technologies
Goal Getters
Although JPMorgan's Peter Serenita no longer has the chief data officer title, his passion remains the same - data integration. Tine Thoresen speaks to one of the best-known reference data managers about defining optimal goals
IMA Calls for EC Action; Vendors Disagree
Research released last week by the UK's Investment Management Association has called for the European Commission to introduce a consolidated tape of European equity data that "is rigorously vetted for the accuracy and the integrity of data."
Interactive Data Bolsters Japan Biz with NDF Buy
Interactive Data plans to use its acquisition of a majority stake in Japanese data vendor NTT Data Financial Corp. (NDF) from NTT Data to expand sales of its real-time datafeeds into the Japanese market, in addition to the pricing, evaluation and…
Chi-X Snaps Up Cicada to Boost Platform Sales
Instinet's equity multilateral trading facility Chi-X last week announced a deal to buy data technology vendor Cicada, to create a business that will provide trade matching, data distribution and other technologies to exchanges and trading venues…
BST Preps Business Intelligence Unit
New York-based data consultancy BST America is setting up a business intelligence practice to provide oversight and management of broker-dealers' outsourced research operations, to increase the productivity and cost effectiveness of offshore centers.
I Now Pronounce You Merged!
I'll admit, I sometimes get a little teary-eyed at weddings. There's something particularly moving about watching a happy couple exchange vows and prepare for a long future together. So you can imagine how excited I was at a sudden uptick in M&A activity…
Infront Buys Direkt For News, Estimates
Norwegian market data vendor Infront last week acquired Swedish financial news agency Direkt from the business information group Bisnode, to help ensure the continued independence of the newswire provider.
DJ Realigns EMG Services, Cuts Staff
Dow Jones' Enterprise Media Group, which comprises the vendor's Financial Information Services private equity newsletters, Content Technology Solutions (including newswires and Factiva), Indexes and Business Intelligence divisions, has laid off staff and…
Shanghai Wind Gathers Force Outside China
China-focused financial data vendor Shanghai Wind Information is continuing its international expansion with the opening of new offices in Tokyo, Singapore and Taiwan next year, and plans to double its overall staff numbers in 2009, officials say.
Icap Buys Into Prism Valuation
Interdealer broker Icap announced last week that it has taken an equity stake in Prism Valuation, an independent provider of valuations for complex assets and structured securities.
FISD Weighs on Exchange Fees for 'Internal' Data Use
Industry association FISD's Business Issues Policy and Practices Standards (BIPPS) working group has issued a best-practice recommendation addressing fees charged for use of market data outside of core, trading-related purposes.