Alliances, Mergers & Acquisitions
IBM Takes ADTS Stake
IBM has taken a controlling stake in Associated Dexia Technology Services (ADTS), a company that provides IT services to firms that were formerly part of the Dexia group.
Tora Trading Taps Activ for Asia-Pac Data
Asia-focused trading platform provider Tora Trading Services has selected US-based low-latency data vendor Activ Financial to deliver market data from Asia-Pacific marketplaces to its customer base of traders at hedge funds, long-only funds and sell-side…
Xeno, Aqumin Ally for Data Quality Visuals
UK-headquartered data management and analytics technology provider Xenomorph has integrated Houston, Texas-based data visualization provider Aqumin’s “landscape”-style heatmap displays into its TimeScape database and analytics platform, to provide visual…
EuroCCP, EMCF Complete Merger Transaction
Cash equities clearing houses EuroCCP and EMCF have completed the transaction to combine the two firms, following regulatory approvals, with the changes in name taking effect from early 2014.
eVestment Adds HFR Hedge Fund Data
Atlanta, GA-based investment analytics software vendor eVestment is integrating alternative investment data and indexes from Hedge Fund Research-a Chicago-based provider of hedge fund industry databases, reports and indexes-into its suite of analytics…
ICE Plans to Divest NYSE Technologies; Will Keep Data Centers
IntercontinentalExchange (ICE) plans to sell much of the NYSE Euronext's NYSE Technologies data and technology business, following its acquisition of the New York-based exchange group, said ICE chairman and chief executive Jeffrey Sprecher on a…
Sprecher: ICE to Keep Datacenters, SFTI; Will Sell NYSE Technologies Assets
IntercontinentalExchange plans to divest much of the NYSE Euronext's NYSE Technologies data and technology business, following its acquisition of the New York-based exchange group, said ICE chairman and chief executive Jeffrey Sprecher on a conference…
Morningstar Bolsters Fund Data with eVestment Deal
Chicago-based investment research and data provider Morningstar will make fund management software provider eVestment's database of more than 22,000 separate accounts and 23,000 hedge funds data available to users of its Morningstar Direct investment…
Clarus Taps Icap Data for SEF Data Analysis
Clarus Financial Technology, a London-based provider of swaps benchmarks, reporting and analytics software, and risk management tools, is distributing benchmark derivative pricing from interdealer broker Icap as part of its SDRView Professional service…
South Africa's McGregor BFA Buys I-Net Bridge
Cape Town-based financial data provider McGregor BFA has acquired fellow South African data vendor I-Net Bridge from Johannesburg-based publisher Times Media Group for 112.7 million rand ($11.1 million) to create an "unmatched" financial database of…
Thomson Reuters Buys Kortes for Russian Commodities Data
Thomson Reuters has acquired Russian energy data provider Kortes to expand the level of insight into Russian commodities markets available on its Eikon desktop with the addition of Kortes' data and analytics on the Russian and CIS (Commonwealth of…
ETRE Taps SunGard to Power REIT Data-Trading Platform
Startup real estate investment trust trading platform provider ETRE Financial is using a suite of data and tools from financial IT giant SunGard to power its data and trading services, including SunGard's MarketMap datafeed, the SunGard Global Network…
Newedge UK to Partner with GMEX MTF
French broker Newedge has joined forces with Global Markets Exchange Group International (GMEX Group), a market operator, consultancy, and technology provider.
Tradeweb Revamps Retail Fixed Income With BondDesk Buy
Tradeweb Markets, a builder and operator of fixed income and derivatives marketplaces, has completed the acquisition of BondDesk Group, a provider of retail fixed income wealth management and trading technology, which Tradeweb purchased in September.
Mongolia's ResCap Securities Live on NRI/Omnesys/GII Platform
Nomura Research Institute's Financial Technologies India (NRI FT India) division has partnered with Omnesys Technologies and Global Investment Initiative (GII) to build and modernize financial and trading infrastructure in the Mongolian marketplace via a…
BATS Enlists Interactive Data for Low-Cost Data Terminals
US exchange operator BATS Global Markets has launched two new desktop data and analytics workstations, developed in conjunction with Interactive Data and based on the vendor's own terminal products, utilizing BATS' free-of-charge equities data.
NYSE Euronext and ICE Postpone Merger Closing Date
NYSE Euronext and IntercontinentalExchange (ICE) have delayed the closing date of the $8.2 billion merger transaction, as the deal is still pending European regulatory approvals.
Chinese Exchange to Cooperate with Nasdaq
Shanghai-based China Financial Futures Exchange (Cffex) and the Nasdaq OMX Group have signed a memorandum of understanding (MOU) at the World Federation of Exchanges’ annual meeting to strengthen cooperation and promote mutual development.
Electra, Eagle Form Strategic Alliance
Software provider Electra Information Systems is partnering with Eagle Investment Systems. Through the alliance, three of Electra's solutions will be directly made available to Eagle's buy-side clients.
SocGen Transfers Securities Operations to Accenture Post-Trade Processing Platform
Accenture has announced that Société Générale Corporate and Investment Banking (SG CIB) has begun the transfer of its securities processing back-office operations to the Accenture Post-Trade Processing system, a service launched by Accenture and…
Battlefield Surgery, Meet Corporate Triage
The departure of the top two at NYSE Technologies doesn’t bode well.
Deutsche Börse Acquires GMEX Group Stake
Deutsche Börse has acquired a minority stake in Global Markets Exchange (GMEX) Group International, both parties announced today.
TS-A Integrates Solarflare for ‘Virtual' Monitoring Appliances
London-based latency monitoring and instrumentation provider TS-Associates has integrated Irvine, Calif.-based data and networking technology vendor Solarflare's Flareon server input/output adapters and its SolarCapture packet capture technology with TS…
UK Competition Body Clears EuroCCP, EMCF Merger
The UK Office of Fair Trading (OFT) has given a green light to the proposed merger between EuroCCP and EMCF, allowing the two firms to proceed to the next stage in their combination.