Inside Market Data - IDM February 2017
Articles in this issue
The Rise of #AltData
Max Bowie explores the opportunities arising from new, alternative datasets, and the challenges of managing them.
Counting the Cost of Consolidation Claims
Joanne Faulkner investigates whether the synergy claims associated with M&A activity translate into better deals for data consumers.
Insecurity Complex: Using Data to Combat Data Security Issues
Joanna Wright explains how robust data management and data governance are at the heart of an effective data security program.
The Next Big Lift?
Tim Bourgaize Murray explores opportunities for brokers to take on more of buy-side firms' data management burden.
The Backup Plan
Wei-Shen Wong investigates business continuity procedures in a region especially prone to natural disasters.
February 2017: Brave New (Data) World
Every new innovation in the world of market and reference data brings with it a new set of challenges-from managing new datasets to ensuring uptime during storms and natural disasters.
LSE Postpones Introduction of Delayed Data Fees
The fees could have added thousands of pounds to spend by firms that consume delayed data, which is generally provided free of charge.
UPDATE: BME Data Reorg to Focus on New Value-Add Services, RegData
The exchange will combine several existing businesses under a shared management and development structure.
TP Icap Buys Burton-Taylor to Expand Research Assets
TP Icap will expand the research firm's coverage to new markets and sectors, partly based on proprietary data owned by the broker.
FactSet Acquires Interactive Data Managed Solutions Business
The deal will help FactSet bolster its global wealth management offering, while ICE deemed the Managed Solutions business non-core to its overall data plans.
UPDATE 2: Thomson Reuters Buys DTCC's Clarient and Avox Reference Data Arms
The vendors expect to conclude the deals before the end of the first quarter, officials say.
TRG Expands FITS Beyond Data, Adds Task Management, Storage Tools
The upgrade provides dedicated tools for managing recurring subscription costs beyond TRG's core market data coverage.
Visible Alpha Buys OneAccess to Boost Research Use Tracking
Prior to the acquisition, the companies had been working together to allow clients to benefit from their respective offerings.
Wall Street Horizon, MT Newswires Ally for Correlated News, Events Data
Wall Street Horizon will refer interested parties to MT Newswires, so they can correlate the vendors' data.
CIP Cap Merges Vendors for RegTech Powerhouse
The deal will combine three vendors with a wealth of regulation- and compliance-related technology solutions.
IT Execs, Academics Unveil Big Data Startup Advanced Logic Analytics
The startup will initially focus efforts on London and New York ahead of a global expansion planned for next year.
Eris Taps Former Bloomberg Global Markets Head for BizDev
Harrington's knowledge of buy-side clients and the interest rate and credit markets wil help the exchange round up its offering, officials say.
Xignite Hires Data, Finance Execs to Boost Sales in 2017
Since October, the vendor has hired a trio of execs, kicking off expansion plans for the coming year.
Fincad Adds Fintech Execs Brittan, Fite to Board
The fintech veterans will lend their experience to contribute to Fincad's growth.
SocGen Securities Services Appoints Davey MD
With more than 25 years of industry experience, Davey is charged with expanding SGSS' offering across all market, product and client segments.
Former Thomson Exec, Consumer Financial Protection Bureau CIO Joins FinMkt
Duncan brings experience gained from more than 35 years in finance, technology and public policy roles.
Qineqt Hires Former Dataminr Exec Budnik to Head Delivery, Analytics
Budnik's experience includes spending 27 years at IBM in various software engineering roles.
RegTech Vendor AQMetrics Adds Execs
Kipp and Connolly will strengthen the company's regulatory reporting and compliance business.
MT Newswires Debuts ‘Ask Alyce' Chat-Based News
The news provider has recruited former MNI Chicago bureau chief Alyce Andres-Frantz to launch the service.
EBS Live Ultra to Provide 5ms Data
The broker says the improvements make the feed the fastest live streaming FX datafeed available from a primary FX market venue.
McObject Unveils V.7.1 of eXtremeDB Financial Edition to Tackle Regulatory Data Demands
The enhancements in version 7.1 position McObject as a provider of underlying technology to help firms meet MiFID II's best execution requirements and the demands of FRTB.
Japan Exchange Buys $1M Stake in OpenGamma
The exchange hopes its investment will yield greater insight and analytical capabilities.
CEIC Data Bows Next-Gen Economic Data Platform, Website
The vendor offers three plans for accessing its economic data online, including one that offers unlimited access to its data.
Updata, Trayport Tighten Charting Linkage
Users of Trayport's Joule Direct can now link directly to Updata Analytics charts from their Joule screen, giving energy traders faster access to analysis of price histories to support pre-trade decisions.
McKay Sells Minority Stake to HFT Firm Tower Cap
The microwave network provider has sold 25 percent of its business to raise funding over the past six months to continue reducing network latency.