Emerging Technologies
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,…
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.
TradeWeb Readies FASB- Compliant Trade Data
Electronic fixed-income market Tradeweb will next month begin disseminating transaction prices to subscribers of its Tradeweb Composite Marks service to help firms comply with the Financial Accounting Standards Board's Statement No. 157.
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
Bear's Strategy
BUY-SIDE PROFILE
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…
Thomson-Reuters Names New Leadership
LONDON-Despite a rocky start on the London Stock Exchange, Thomson-Reuters continues to solidify its integration and has named the latest round of managerial appointments.