Emerging Technologies
Sanzone Out, Landert In at Credit Suisse
ZURICH-At press time, officials from Credit Suisse announced that Karl Landert, most recently head of IT for the firm's private banking business, has been named CIO, filling the position left by Tom Sanzone.
NYSE Euronext Buys IVRS for Valuations
NYSE Euronext last week unveiled a portfolio valuations service, dubbed Prime Source, following its acquisition last week of the Independent Valuation and Risk Services (IVRS) business from UK-based software vendor Lombard Risk Management for £700,000.
Regulators Force TF-Reuters Divestments
Regulators in the US, Europe and Canada last week gave their blessing to Thomson Corp.'s takeover of Reuters, subject to the vendors selling "copies" of certain datasets by April 19 "to preserve competition."
CEP Benchmark Specs Draw Closer
The Securities Technology Analysis Center's analytics working group is close to finalizing benchmark specifications for performance comparisons between rival complex event processing (CEP) technology vendors.
GL Trade, Infotec to Share Feed Infrastructures
French data and trading technology provider GL Trade has begun a long-term project to consolidate its data distribution infrastructure with that of Swiss data vendor Infotec, which GL acquired last year ( Inside Market Data , July 16, 2007).
VWD Buys Benelux Data Vendor
As Inside Market Data went to press last Friday, Frankfurt-based data vendor VWD Group announced the acquisition of Dutch market data vendor Tijd Nederland and its Tijd Beursmedia (TBM) subsidiary from Belgian media group Mediafin for €7 million in cash.
After RFP, Opra Renews SIAC Support
The Options Price Reporting Authority has renewed its contract for technical services with the SIAC division of NYSE TransactTools, following a competitive tender with other potential service providers, Inside Market Data has learned.
Reuters Sweeps Post-Merger Management Roles
NEW YORK-Officials at Thomson Financial and Reuters have named the second tier of executives that will take up management positions within the recently re-branded Thomson Reuters Markets business following the merger of Thomson and Reuters, with Reuters…
Saxo Plans Easy Integration
COPENHAGEN-Danish foreign exchange (FX) firm Saxo Bank expects a relatively simple integration with Switzerland-based Synthesis Bank, which Saxo recently acquired.
Reuters Sweeps Post-Merger Management
Thomson Financial and Reuters have named the second tier of management positions in their combined financial data and news business, to take effect following the merger of Thomson Corp. and Reuters, with Reuters staff securing most key positions.
Moody's Buys BQuotes as Rating Agencies Grow Securities Pricing
In response to growing demand from user firms for transparent pricing information, ratings agencies are expanding their securities pricing services and dedicating more resources to those services.
Diving into Data
Tine Thoresen talks to Bank of Scotland's Ross Gourlay about his new "data lifestyle" within the group