2013 Review: Herd in Review: Necessity Is the Mother of Invention

During and following the financial crisis have had a heavy human cost: tens if not hundreds of thousands of layoffs from the financial industry—in many cases, multiple thousands from individual financial firms or vendors. However, canny data industry professionals took the opportunity afforded by a growing talent pool coinciding with ever-growing needs for new content and an evolving regulatory landscape to launch new data ventures.

The year began with news of two such companies: ClipperData, a

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CME will move clearing to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the pair have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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