Emerging Technologies
Liquidnet Polices Members with CEP
Equity dark pool and agency brokerage Liquidnet has been able to detect and address activity that violates its membership protocols and "can be a sign of a trader misusing the system," as a result of deploying a complex event processing engine from CEP…
Dickey Brings Data to Fruition
Steve Dickey, former vice president of market data products and information at the Chicago Board of Trade, who left the exchange following its merger with the Chicago Mercantile Exchange, has landed a new role at Chicago-based IT consultancy Fruition…
Alphacet Enlists BT, Interactive for Quant Platform
Stamford, CT-based start-up quantitative analysis software vendor Alphacet has collaborated with BT and Interactive Data Corp. to launch Alphacet Discovery, a strategy development platform incorporating feeds for real-time, historical and reference data,…
Chief Thinking
There are two types of CDOs. One is currently being met with scepticism in certain investor communities. But the other - the chief data officer - is growing in popularity. As data management matures as a discipline, management structures and people…
Leslie, Hooley, Low
Position Keeping
The Next Level
Feature
DJ Cuts Tech Staff in Outsourcing Play
Dow Jones will this month begin laying off 90 staff in its technology and operations department, following a decision to outsource some of its underlying group technology and support functions to Indian offshore development and IT outsourcing provider…
Thomson Reuters Touts Custom Solutions
Thomson Reuters is combining its products for pricing, analytics and risk management to provide valuation risk solutions customized to client needs, to address the challenges of valuing complex securities and provide a comprehensive view of risk exposure.
Wish You Were Here
On May 14, DWT held its 14th annual DWT conference and exhibition at the Hilton Tower Bridge in London, drawing financial technologists from the City and Canary Wharf and points north, east, south and west. Having attended these events for the past…
S&P Integrates, Rebrands, Targets Structured Products
Standard & Poor's new Fixed Income Risk Management Services (FIRMS) unit is rebranding disparate products under a unified umbrella to reflect their integration into a single business unit, and is building a solution to enable clients to easily integrate…
Thomson Reuters Braces for Cuts
Thomson Reuters is set to announce a swathe of redundancies this week that will reduce duplicative roles created by the merger of Thomson Corp and Reuters, according to an internal memo distributed last week by Devin Wenig, chief executive of the vendor…
City Awaits Financial Computing Grads
LONDON-Firms looking to fill financial IT posts are awaiting the first candidates standing for Master of Science (MSc) degrees in financial computing from the University College London (UCL), who will soon finish classes and begin three-month placement…
Wall Street Source Sues Thomson Reuters
New York-based news aggregator Wall Street Source has filed a lawsuit against Thomson Reuters, claiming that the former Thomson Financial breached its fiduciary duty as a stakeholder in WSS by poaching crucial staff and copying the vendor's products.
KTS to Exit Data Vendor Business
UK-based data and technology vendor Knowledge Technology Solutions is negotiating a sale of its MarketTerminal data display terminal subscriber base in order to focus operations on selling its underlying data platform technologies and related services,…