EDITTORIAL

EDITTORIAL

Revenge of the Nerds II: Back Office Comes to the Fore

Weird.

I mean, who would have thunk it?

The back office? I know I for one have been trying to avoid it for years. But that no longer seems possible.

The back office is hot. So hot, in fact, that almost every single vendor at the SIA show that I spoke with either already had or was planning to respond to the GSTPA RFP. And I do mean everyone: Reuters, Sungard, Thomson, Swift, Sybase and Oracle all have intentions to bid. So do Andersen, IBM and

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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