Thomson Financial last week signed an agreement to purchase Starquote market data services from Canadian IT services vendor CGI, extending its presence in Canada and supplementing its wealth management and retail products.
Thomson is strongly positioned in the retail and wealth management area in the US, but "we have a relatively small footprint in the Canadian marketplace," says Suresh Kavan, president of global customer segments for Thomson. However, by purchasing its biggest competitor in
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails