News
NAFIS 2014: Niche Data Proliferation Poses Cost Challenges
Though the number of major data vendors has consolidated considerably over the past 15 years, a growing number of niche suppliers is making it tougher for market data professionals to manage data licensing, and making it even more important to maintain…
NAFIS 2014: Cloud's Security Concerns Continue to Outweigh Cost Savings
Firms can deliver significant cost savings by moving their data infrastructures into the cloud, but concerns over security--as well as mistrust of services providers for whom capital markets are not their primary focus--are holding back migration,…
NAFIS 2014: HFT, Managed Services, OTC Derivatives Top Data Industry Trends, Says Aite's Weiss
Market data professionals should be prepared to take the heat for high-frequency trading (HFT), warned David Weiss, senior analyst at Research firm Aite Group, during his speech on current trends in market data at Inside Market Data and Inside Reference…
IRD Awards Include Big Wins For Fenergo, Interactive Data
Fenergo and Interactive Data score big in the Inside Reference Data Awards, as Thomson Reuters recaptures one prize, and Markit is honored for humanitarian work
OFR's Reed Sheds Light on LEI's Omission from Fatca
Matthew Reed, of the Office of Financial Research and Regulatory Oversight Committee of the legal entity identifier project, says the LEI was not ready when the Internal Revenue Service made key decisions about Fatca, but suggests it will be added in the…
Citi Reaps Benefits of LEI, Despite Limited Coverage
At this week's North American Financial Information Summit in New York, Citi's head of entity data operations explained how the legal entity identifier has helped the bank improve standardization and increase the number of attributes held in client…
ESMA Outlines Potential Options for ‘Reasonable' Post-Trade Data
European financial regulator the European Securities and Markets Authority (ESMA) released a consultation paper today, Thursday, May 22, that outlines proposed technical details for the second iteration of the Markets in Financial Instruments Directive …
IMD Awards Show Increasingly Competitive Vendor Landscape; Bloomberg Leads with Five Wins
Bloomberg scooped five categories at the Inside Market Data and Inside Reference Data Awards on the evening of Wednesday, May 21, though the battle for second and third place in the tally was more competitive, with several vendors winning multiple awards.
Markit, Genpact Unveil KYC Services
The joint services include a standardized approach for client onboarding and KYC data management that are intended to help users reduce complexity and cost
Obstacles to Modernizing Infrastructure
Other than cost, asked Imtiaz Koujagli, VP of equity research and software at Deutsche Bank Securities, what is the biggest impediment to modernizing a firm's technology infrastructure? A North American Financial Information Summit panel had a few ideas.
Liquid, ConvergEx Pen Agreement
OEMS provider Liquid and prime services division of ConvergEx have signed a joint marketing agreement wherein Liquid will be offered to ConvergEx's roster of hedge fund, family office, mutual fund, and registered advisor customers.
Altibase Looks to NFV, SDN for Data Security Uses
In-memory database provider Altibase is working to incorporate Network Functions Virtualization and Software-Defined Networking to its products to serve a range of use cases, including data security.
Nous Expands Asset Classes, Adds Feed to Trading ‘Game'
Startup mobile trading application and data provider Nous has expanded the asset classes available for trading on its Spark Profit trading game--which the vendor uses to collect consumer investment predictions for use by institutional traders--and has…
Redline Certifies Azul's Zing Runtime Tool
Trading platform provider Redline says Zing, which focuses on low-latency performance monitoring for Java applications, will now be supported for users looking to optimize execution strategies across asset classes.
ITG Bows Peer Analytics Data Tools
Broker and research provider ITG has unveiled its Peer Analytics Suite, which comprises a range of datasets and analytical tools ranging from raw trade data to detailed performance reporting and consulting engagements, aimed at helping institutional…
LSE Confirms Russell Acquisition Talks
The London Stock Exchange confirmed reports today, Tuesday, May 20, that it has entered into exclusive talks with the Northwestern Mutual Insurance Company to buy US-based index provider and asset manager Russell Investments.
ASX Connects Co-Lo to SGX
The Australian Securities Exchange announced that customers co-located in its Australian Liquidity Centre (ALC) datacenter and on its ASX Net financial network in Australia can now connect to the Singapore Exchange's co-location center in Singapore via…
Lucera Introduces Dedicated FX Platform
The high-performance infrastructure provider says its new LumeFX offering will use an adaptive smart order router to consolidate multiple liquidity venues for users trading in spot currencies.
Nasdaq OMX To Launch Business Intelligence Tool
Nasdaq OMX has announced the launch of MiQ, a business intelligence solution that provides actionable data for exchanges, clearinghouses, central security depositories (CSDs), and other financial market operators across the globe.
Thomson Reuters Adds FlexTrade EMS to Eikon
Thomson Reuters has integrated FlexTrade’s execution management system (EMS) and Autex indications of interest (IOI) data into its flagship desktop, Eikon.
S&P Cap IQ Adds VC Experts, Santander to Research
McGraw Hill Financial-owned S&P Capital IQ has made research and analysis provider VC Experts' strategic analysis of private market investment data and regulatory filings for private market financings, as well as Latin American research from Banco…
S&P CapIQ Taps Fitch's Smith to Head New Credit Data-Ratings Biz
S&P Capital IQ has created a new business area, dubbed S&P Credit Solutions, that combines the vendor's analytics, research and data with ratings data from Standard & Poor's Ratings Services, and has hired former Fitch exec Neil Smith to lead the new…
IDC Adds Asia Bonds to Evaluation Service
Interactive Data has expanded its New York Close International Fixed Income Evaluation Services to include coverage of sovereign and corporate bonds issued in the Asia‐Pacific region, after adding NY Close European, Middle‐Eastern, and African (EMEA)…
SIX Financial Information Names SunGard's Jeanbart CEO
Swiss exchange and clearing organization operator and data provider SIX Group has appointed Robert Jeanbart as the new chief executive of its SIX Financial Information market data vendor business.