WatersTechnology

Cusip finds new home at FactSet as industry watches warily

Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to further its “open data” strategy.

Waters Wrap: Pico, Redline, & the shrinking mid-market, market data tech space

After pairings of the Options-Activ, Exegy-Vela, and now Pico-Redline, Anthony wonders whether the next wave of consolidation will involve the biggest tech and market data players.

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