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Data Management

Fixed Income, FX Drive 2007 Data Spend

Global spend on financial data could reach $24.3 billion in 2008, driven by demand from sales and trading operations, up from $23 billion last year, according to research released last week from Burton-Taylor International Consulting.

Munder Reviews Data, Rolls Out Thomson

Birmingham, MI-based asset manager Munder Capital Management is in the final stages of migrating analysts and portfolio managers off products from FactSet Research Systems to replacements from Thomson Financial, as part of a broader project to cut data…

Arca Latencies Prompt Multicast Ramp-up

The NYSE-Arca division of the New York Stock Exchange last week rolled out an upgrade to the multicast version of its ArcaBook datafeed to encourage firms still using its legacy unicast feed to migrate to the new version.

FTSE Launches Shariah Indexes

FTSE launched last week a series of Shariah-compliant indexes to meet growing demand for Islamic structured products from investors outside of Islamic countries in Asia.

KBC Begins Data Control Project

Brussels-based bank KBC Group is rolling out a major initiative to track and control market data usage and eliminate duplication of data services across the firm's global subsidiaries, officials tell Inside Market Data .

Ballista Preps to Launch Activ Data Arsenal

Ballista Securities, a new broker-dealer currently in the final stages of formation, will go live on a hosted ticker plant and multiple North American datafeeds from low-latency data provider Activ Financial when the firm begins operations next month.

StanChart Rolls Out MDSL in Asia

Standard Chartered Bank is deploying the MDM (Market Data Manager) and RPM (Request & Procurement Manager) systems from MDSL to provide data usage and cost management services across its offices in Asia.

Banks take shares in Chi-X as volumes soar

Global agency broker Instinet announced last month that a consortium of 13 firms had taken an undisclosed minority holding in Chi-X Europe, the operator of Europe's first pan-European equity multi-lateral trading facility (MTF). Instinet will remain the…

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