Emerging Technologies

Colt: Latency Spend Escapes Credit Crunch

Banks will continue to invest in technology to reduce latency within data delivery and trading architectures, despite tighter budgets as the result of the ongoing credit crunch, according to a survey conducted recently by Colt Telecom.

Never a Dull Moment

Having lived and worked in New York City for the past decade, I have seen first hand how remarkably the city can reinvent itself. From the redevelopment of Times Square and relocation of the historic Fulton Fish Market to the recovery from the scars of 9…

Thomson Reuters Seeks DLA Mergers

Thomson Reuters has begun contacting exchanges to consolidate the data license agreements (DLAs) previously held by Thomson Financial and Reuters into a single contract with each exchange for the merged vendor.

Panel: Lack of Data Hampers Valuations

A lack of timely and consistent data is compounding the difficulty of valuing illiquid structured credit instruments during the ongoing credit crisis, according to an industry panel hosted by Thomson Reuters in London last week.

IBM Buys InfoDyne in Latency Play

Technology giant IBM last week snapped up Chicago-based feed handler and ticker plant vendor InfoDyne, in a bid to accelerate its low-latency data platform, WebSphere Front Office for Financial Markets.

Quality Counts

UBS's Sean Taylor talks to Carla Mangado about how data quality is still in the spotlight when it comes to counterparty data and compliance

Reuters Names "Quick Win" Combos

The newly merged Thomson Reuters has announced the first set of "quick win" product integrations that will combine Reuters and Thomson Financial services in the vendor's products, and plans to issue a detailed product consolidation roadmap before the end…

MiFID Data Volumes Face Budget Pressure

Financial institutions are facing the challenge of having to process a deluge of market data within the constraints of limited budgets, as new markets come online later this year, according to panelists at an event organized by MiFID-inspired think tank…

SuperD Names Senior Sales Execs

SuperDerivatives has appointed two new senior sales executives, completing the revamp of its sales operations that began with the hire of former Bloomberg exec Russel Levi as senior vice president of sales and support earlier this year ( IMD , Jan. 28).

Thomson, Reuters Merge; Name 'Wenig -3'

New Thomson-Reuters chief executive Tom Glocer set out his priorities for the merged business-a "flawless" integration, globalization, and a whole that is greater than the sum of its parts-following Thomson Corp.'s purchase of Reuters, which closed last…

Report: IT Budgets to Rise in Japan

TOKYO-IT spending in Japan's securities industry is expected to increase in 2008, though the growth rate will be conservative compared to previous years, according to research from Boston-based consulting firm Celent.

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