Alliances, Mergers & Acquisitions
One Year On, There's More to Morningstar
At the end of 2008, Chicago-based investment research provider Morningstar acquired datafeed and terminal vendor Tenfore Systems to bolster its presence in real-time market data. Just over a year later, Inside Market Data speaks to former Tenfore chief…
Butterfield Fulcrum partners with MindTree
Butterfield Fulcrum, an independent alternative fund administrator, has partnered with global IT firm MindTree to deliver new products to the alternative fund administration industry. The most recent step in this alliance is Butterfield Fulcrum's…
Markit and DTCC unveil MarkitSERV
Markit and the Depository Trust & Clearing Corporation (DTCC) have launched MarkitSERV, a new company that combines the two organisations' electronic trade-confirmation and workflow platforms to provide a single gateway for over-the-counter (OTC)…
RTS and Fixnetix in low-latency alliance
RTS Realtime Systems Group, the Ravensburg, Germany-based trading systems provider, has teamed up with Fixnetix to provide ultra-low-latency trading tools for the high-frequency trading community accessing European equity and derivatives markets.
XSP partners with Decillion Group on corporate actions
XSP, the Birmingham, Alabama-based corporate actions software provider, has partnered with Decillion Group, a banking software firm and Swift's official business partner for Australasia, to provide a service-based version of the XSP v5 corporate actions…
Markit and the DTCC unveil OTC derivatives joint venture
Markit and The Depository Trust & Clearing Corporation (DTCC) have announced the September 1 launch of MarkitSERV, a new company combining the two organisations' electronic trade confirmation and workflow platforms to provide a single gateway for over…
SunGard and iShares launch ETF service
SunGard, in conjunction with iShares, a global provider of exchange-traded funds (ETFs), is set to launch a new service to help advisers and third-party administrators (TPAs) incorporate ETFs as standard options in retirement plans. SunGard's ETF…