Organization & strategy
SIX Telekurs Launches CEO Hunt
SIX Telekurs, the market data vendor subsidiary of newly rebranded SIX (Swiss Infrastructure and Exchange) Group, is seeking a new chief executive, after announcing last week that current CEO Marc Carletti plans to leave the vendor after just over 18…
RTI Builds NY Presence with New Hires, Moves
Sunnyvale, Calif-based low-latency messaging middleware provider RTI is opening a New York office to support existing financial clients and new business sales in the city, officials tell Inside Market Data .
Aleri Shuffles Execs for Regional Focus
Complex event processing (CEP) technology vendor Aleri has reshuffled its senior management team, in a move designed to provide a more regionally focused operational structure, Inside Market Data has learned.
Fortunato to Build Data Biz at BondDesk
Former Tradeweb director of market data Ben Fortunato, who recently joined bond trading platform BondDesk as managing director and chief operating officer of the broker's TIPS and TechHackers calculation and trading software subsidiaries, says his remit…
StreamBase Takes Plunge Into Dark Pools
Complex event processing technology vendor StreamBase is targeting a new client base in the form of dark pool trading venues, to help their founders address complex datafeed integration and trading strategy development needs, officials say.
Hillier-Brook Forms BHW Systems
Market data industry veteran Ian Hillier-Brook has formed a new company, dubbed BHW Systems, which will re-sell the Smart TS XL software analytics toolkit from Dallas, TX-based vendor IN-COM Data Systems to potential clients in Europe.
Monitor110 Auctions Assets Post-Closure
A mystery data vendor has bought some of the assets of Monitor110, a New York-based provider of technology for firms to monitor information on the Web in real time and correlate that information against investments, which closed down last month after…
Marketcetera Integrates Activ Data
Open-source trading system provider Marketcetera and low-latency data vendor Activ Financial will this week announce a deal to integrate their technologies, so that Marketcetera clients can immediately deploy Marketcetera against Activ datafeeds, while…
SunGard Readies GL Buyout
Financial technology giant SunGard last week announced plans to acquire French data and trading technology vendor GL Trade, in a deal that would value GL at just over €400 million.
FactSet Rebrands Thomson Fundamentals
FactSet Research Systems has launched FactSet Fundamentals, a historical financial information database of income statements, balance sheets, cash flows and related underlying data from the footnotes of financial statements for more than 43,000 companies…
Thomson Reuters to Consolidate Networks
Thomson Reuters is planning to merge its five combined data delivery networks over the next five years, to produce a single data infrastructure based on the Reuters Integrated Data Network (IDN), officials tell Inside Market Data .
Thomson Reuters Unveils Product Plans
Thomson Reuters will standardize on two desktop platforms-Thomson One and a new Thomson Reuters platform-but will no longer pursue new sales for its Thomson datafeeds and Thomson Financial News, and will migrate existing clients to services from the…
FISD Certification Plans Gain Industry Support
Data industry professionals have backed plans by industry association FISD to introduce a certification program for market and reference data job functions and skills, though some respondents have raised questions about the proposed certification…
Bloomberg Reorgs; Fenwick Gets New Gig
Bloomberg officials last week unveiled a new operating structure that divides the vendor into three business areas, and confirmed the creation of a new business, Bloomberg Ventures, to be headed by current Bloomberg CEO Lex Fenwick.
GFI Data Revamp Drives 'Off-Desktop' Sales
Interdealer broker GFI has reorganized its market data business by introducing a new commercial model for accessing its content, and by implementing a formal product release schedule so that new datasets will now be incorporated at regular quarterly…
Pivot Offers Depth Views of OTC Markets
Trade messaging and collaboration infrastructure technology provider Pivot will today announce the release of Pivot Instant Markets, an application that will provide users with a depth-of-book view of over-the-counter derivatives markets and the ability…
CodeStreet Claims Client Savings
Trading firms can make substantial savings on the costs of testing trading strategies against historical market data by using the Market Data Works suite of products from New York-based software provider CodeStreet, for creating repeatable market data…
Sources: Reuters Plus Set for Retirement
Thomson Reuters is expected to discontinue the Reuters Plus data workstation for financial advisers and wealth managers, as part of the vendor's post-merger product rationalization strategy, sources tell Inside Market Data .
Liquidnet Polices Members with CEP
Equity dark pool and agency brokerage Liquidnet has been able to detect and address activity that violates its membership protocols and "can be a sign of a trader misusing the system," as a result of deploying a complex event processing engine from CEP…
Dickey Brings Data to Fruition
Steve Dickey, former vice president of market data products and information at the Chicago Board of Trade, who left the exchange following its merger with the Chicago Mercantile Exchange, has landed a new role at Chicago-based IT consultancy Fruition…
Alphacet Enlists BT, Interactive for Quant Platform
Stamford, CT-based start-up quantitative analysis software vendor Alphacet has collaborated with BT and Interactive Data Corp. to launch Alphacet Discovery, a strategy development platform incorporating feeds for real-time, historical and reference data,…