Emerging Technologies
Quandl Adds Nasdaq Index Data to Free Financial Search Portal
Toronto-based online economic and financial data search engine Quandl has added Nasdaq OMX's global index family to its web-based platform for financial, economic and sociological datasets, to provide analysts, traders and economists with daily index…
Update: HP Vet Potter Joins Solarflare Board
High-performance network technology provider Solarflare has appointed Mark Potter, senior vice president and chief technology officer of hardware supplier HP's Enterprise Group, to its board of directors, to help "guide" the company to a leading position…
Top Sales Role for Eagle’s Farrington
Wellesley, MA-based Eagle Investment Systems, a provider of investment management-focused technology and a subsidiary of BNY Mellon, has promoted Greg Farrington to head of sales, Americas.
ITG Acquires RFQ-Hub
Agency broker ITG has announced the acquisition of derivatives platform RFQ-hub.
Lombard Risk Looks to Leckie
London-based Lombard Risk Management, a provider of regulatory compliance, reporting, and collateral management technology to the capital markets, has appointed George Leckie to lead sales and business development for ComplianceASSESSOR, the firm's web…
Zschach Joins CLS as CIO
Tom Zschach is set to join the foreign exchange (FX) risk-mitigation utility CLS Group as its chief information officer come September 1.
Redline Gets $5M VC Funds, Adds Ex-Thomson CEO Harrington to Board
Woburn, Mass.-based low-latency ticker plant and feed handler provider Redline Trading Solutions has raised $5 million in new funds from Cue Ball Group, a Boston-based venture capital firm chaired by Richard Harrington, the former president and chief…
Barchart Rolls Out Canadian Securities Exchange Data
Chicago-based data and analytics vendor Barchart has added market data from the Canadian Securities Exchange to its data services.
Fincad Snaps up Garfield for Product Marketing Role
Canadian over-the-counter derivatives pricing and risk software vendor Fincad has hired Rob Garfield as global head of product marketing.
CME to Acquire Trayport and Fenics from GFI Group
The CME Group has agreed to acquire Trayport, a trading software provider for the European energy market, and Fenics, a suite of pricing, risk management, analytics and straight-through processing software, in a two-step transaction with inter-dealer…
GE Capital Names Casper as New CDO
Rob Casper, previously a managing director at Morgan Stanley, has been hired by GE Capital as its chief data officer
Fits and Start(up)s: Chasing New Fintech Innovation Models
Incubators, accelerators, and mentoring programs have gained favor in recent years as start-up financial technology providers look to partner with clients—and potential strategic investors—earlier in the launch process, and global financial centers seek…
CME to Buy GFI's Fenics and Trayport Pricing, Trading Tech Businesses
CME Group has announced plans to acquire interdealer broker GFI Group's Fenics suite of pricing, risk management, analytics and straight-through processing software and its Trayport commodities and energy trading technology.
GE Capital Names New CDO
Rob Casper, previously a managing director at Morgan Stanley, has been hired by GE Capital as its chief data officer
SunGard Survey: Firms Still Face Tech Challenges to Extract Value from Data
Financial organizations are struggling to fully utilize analytical tools and data management technologies to extract value or "business intelligence" from raw data because of a lack of adoption of new techniques, a multitude of inconsistent data formats,…
Colt Hires Net Vet Hutchinson as US Capital Markets Director
UK-based telecom provider Colt has hired Julie Hutchinson as US director of capital markets, responsible for developing its US capital markets business by helping US content providers, trading firms and platform providers to expand their presence to…
Israel: Land of Startups
Israel is currently one of the hottest places for high-tech companies to establish themselves, with the country featuring one of the highest numbers of start-ups per capita in the world. With such a fertile ground for developing cutting-edge technologies…
Tabb: Firms Spend $25 Billion on Content, $3.1 Billion on Data Tech in 2013
Research firm Tabb Group’s Data and Analytics (DnA) group has released a new report, "Market Data Technology Innovation: Bigger Data, Simpler Solutions, Better Functionality," which estimates global spend on market data at about $25 billion in 2013,…
Calypso Appoints Natraj as Global Head of Sales
Calypso Technology has appointed Nat Natraj as its senior vice president for sales and marketing. He will report to Calypso president and CEO Kishore Bopardikar.
NY Fed Hires Goldman's Avery as CDO
Linda Avery, a Goldman Sachs data operations technology executive for about 20 years, begins as chief data officer for the Federal Reserve Bank of New York on July 28
The Wheel Keeps on Turning
Thoughts on recovery in the fi-tech space to open the week.
Updata Powers Energy Feed with NGX Data
UK-based technical analysis software provider Updata has added futures and index data from Canada’s Alberta-based Natural Gas Exchange (NGX) to its Professional analytics workstation to provide natural gas and commodities traders with prices for illiquid…
Opening Cross: Strength in Numbers—A History Lesson in Surviving The Data Purge
This week, our New York office has been gearing up for Purge Day, when we purge our desks of papers and items that we no longer need, and in return the company buys us a pizza lunch. In preparing for Purge Day, clearing out a closet of old copies of…
NuPont Integrates Aussie Tech Firm for Asia-Pac IT Support Services
Market data and technology product and marketing consultancy NuPont is planning to begin offering technical support and development services via an operation in Australia to provide support for consulting clients seeking to expand into new markets.