Organization & strategy
FTSE, SSE Settle Index Data Dispute
Index provider FTSE and the Shanghai Stock Exchange last week announced they have reached a settlement agreement over unauthorized use of SSE's data by the FTSE Xinhua Index (a joint venture between FTSE and Xinhua Finance) in the creation of futures…
Thomson Vets Launch Algo News Venture
Selerity, a start-up run by Thomson Reuters' former director of quantitative news and other former Thomson executives, will this week unveil version 1.0 of the Selerity Platform, a suite of tools and data for identifying, capturing and analyzing real…
Offshoring: The New Business Case
The reference data market is no longer all about cost-cutting, but firms are always looking at cost-efficiency, and many are under continuous pressure to migrate staff to offshore locations. The maturing offshoring market means firms now have greater…
StreamBase Opens Developer Community
Complex event processing software vendor StreamBase Systems will this week unveil an open-source developer community portal, dubbed StreamBase Component Exchange (SBX), which allows developers to share non-proprietary code developed for use with the…
Skyler Shifts Development Ops to London
Concord, Calif.-based tick database and data technology provider Skyler Technology is shifting its base of operations to London, including all of its software development and support functions, in a bid to reap cost benefits and to be closer to a major…
Morningstar Reorganizes Real-Time Support
Chicago-based vendor Morningstar has reorganized the support operations of its Real-Time division-formed following its acquisition of Tenfore Systems in 2008-to provide centralized support for the vendor's global data acquisition and distribution…
CME Eyes Index Products with Dow Buy
CME Group plans to create new indexes and financial products based on its exchange-traded and over-the-counter data assets, and will leverage CME's data distribution network to expand the index products' reach, following its $607.5 million purchase of 90…
29West Readies Easy-Change JMS API, Migration Team
Chicago-based messaging middleware provider 29West is building a new consulting arm, dubbed the API Migration Services Group, to make it easier for clients with existing data infrastructures to migrate applications and services from their current…
Sybase Buys Aleri to Broaden CEP Play, Target New Markets
Sybase last week confirmed its takeover of technology and staff from complex event processing vendor Aleri, to bolster its own offering and enable the IT giant to expand its CEP business into new markets beyond financial markets.
SIX in Talks with European CSDs
Starts Connexor Online Editor Training
Cadis
Launches Education and Certification Program for Clients and Partners
GA's Markit Stake Fuels Rumors of Bid for Interactive Data
Private equity firm General Atlantic acquired a 7.5 percent stake in UK-based data vendor Markit last week for $250 million, prompting some sources to suggest that the vendor could be considering a bid for Interactive Data Corporation, which earlier this…
Progress Revamps Sales Teams
Progress Software, the parent company of complex event processing software vendor Apama, is in the midst of reorganizing its sales and support organizations to provide a "joined-up" sales strategy that enables the vendor to cross-market its diverse…
Langevin, Mangan Break from BarCap
Three members of Barclays Capital's market data team in New York have left the firm to take on new roles at other banks, Inside Market Data has learned.
Bessemer Stake to Fund Activ's Expansion Plans
Low-latency data vendor Activ Financial last week announced a $25.3 million investment from venture capital firm Bessemer Venture Partners, designed to fund expansion projects to enable Activ to pursue larger-scale opportunities, in return for an…
SpryWare Boosts NY Salesforce
Chicago-based ticker plant vendor SpryWare is beefing up its New York presence with two new hires to market the vendor's Market Information Server ticker plant to firms with low-latency and high-capacity market data requirements in the city.
StreamBase Embarks on Hiring Spree
Lexington, Mass.-based complex event processing software vendor StreamBase Systems has made a series of new hires to support business growth and client expansions by bolstering its sales and technical development functions.
EPFR Global Hires for Buy-Side, Asia Drives
Fund flows data provider EPFR Global has hired two new executives to help the vendor raise its profile with buy-side clients and with potential users in the Asia-Pacific region.
New Hires Bolster Fixnetix Data Ops
Low-latency data and trading technology provider Fixnetix has bolstered its London-based technology and support capabilities with a slew of new hires in its technical engineering and operations areas to support its growing client base.