Emerging Technologies
AOL Pulls Plug on Relegence Business
Internet service provider AOL is closing the Relegence news analytics business that it acquired in 2006 ( IMD , Nov. 13, 2006). Commercial operations in New York and London will be closed on July 15, though AOL will continue to support the Relegence…
S&P on Bloomberg Raises User Concerns
Plans by Standard & Poor's and Bloomberg to make S&P index component weightings available as a premium subscription dataset via Bloomberg have irked some end-user firms, who are complaining about a lack of communication and price transparency.
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Survey: Piracy Costs Data Industry $8bn
The financial information and analysis industry is losing an estimated $8 billion of subscription revenue each year as a result of subscribers sharing login information and content "scraping," according to a survey conducted by Burton-Taylor…
TS-Associates, SR Labs Enlist West Highland for Sales, Support
New York-based remote systems monitoring and support provider West Highland Support Services will this week announce deals to sell and support TS-Associates' TipOff latency monitoring tool, and to provide support for SR Labs' low-latency data platforms.
Telekurs Migrates Fininfo Products to MDF
SIX Telekurs France (formerly Fininfo) is finalizing a project to switch its data applications to Telekurs' MDF consolidated datafeed, replacing a feed from Interactive Data's Real-Time Services division that currently provides the products with data,…
BT Creates New Global Financial Division
LONDON-Telecommunications giant BT has recently formed a new division, dubbed Global Banking and Financial Markets, to provide network IT services to the international financial sector including banks, insurers, brokers, investment managers and…
Portware Expands Global Footprint
NEW YORK-Execution management system (EMS) provider Portware has made several key hires to beef up its presence around the world, DWT has learned.
Citi Restructures Global Trading
NEW YORK-Banking giant Citi has recently reorganized its global electronic trading team in order to adapt to the rapidly changing global market structure, according to an internal memo obtained by DWT and authored by Steve Swanson and Shakil Ahmed, co…