Emerging Technologies
All About the Buy Side in London
This year's iteration of the Buy-Side Technology European Summit featured an array of London-based asset management firms, and an even greater number of topics covered. Anthony highlights some of the coverage produced by colleagues James Rundle and…
NYSE Chief Steps Down
Duncan Niederauer, CEO at the New York Stock Exchange (NYSE), has accelerated his plans to retire from the bourse, following its integration with the IntercontinentalExchange Group (ICE).
NAFIS 2014: ‘Compliance Consumer' is Drain on Data Resources, Users Say
End-user firms are feeling the pressure of not just complying with new regulations, but also of meeting the data management burden to support compliance, making experienced market data staff and business analysts ever-more valuable, said panelists at…
NAFIS 2014: Rising Volumes Present New Analytics Challenges
As market data volumes in the US continue to grow, firms are coming under increasing pressure to modernize their data infrastructures and respond quickly and cost effectively to new requirements for data analytics, according to a panel at this week's…
LSE's Russell Buy to Boost International Index Appeal; Analysts Wary of Data Cost Impact
The London Stock Exchange's proposed acquisition of US-based index provider and asset manager Russell Investments from the Northwestern Mutual Insurance Company will allow the exchange to diversify its revenue streams and expand its outreach into the US…
NAFIS 2014: Niche Data Proliferation Poses Cost Challenges
Though the number of major data vendors has consolidated considerably over the past 15 years, a growing number of niche suppliers is making it tougher for market data professionals to manage data licensing, and making it even more important to maintain…
NAFIS 2014: Cloud's Security Concerns Continue to Outweigh Cost Savings
Firms can deliver significant cost savings by moving their data infrastructures into the cloud, but concerns over security--as well as mistrust of services providers for whom capital markets are not their primary focus--are holding back migration,…
NAFIS 2014: HFT, Managed Services, OTC Derivatives Top Data Industry Trends, Says Aite's Weiss
Market data professionals should be prepared to take the heat for high-frequency trading (HFT), warned David Weiss, senior analyst at Research firm Aite Group, during his speech on current trends in market data at Inside Market Data and Inside Reference…
Inside Market Data Hall of Fame: Bill Lee - 'The Statesman'
With his infectious chuckle and statesmanlike demeanor, Bill Lee could have been a diplomat. Instead, he has devoted his career to the market data industry, where he found an abundance of opportunities to put his negotiating skills to good use.
ESMA Outlines Potential Options for ‘Reasonable' Post-Trade Data
European financial regulator the European Securities and Markets Authority (ESMA) released a consultation paper today, Thursday, May 22, that outlines proposed technical details for the second iteration of the Markets in Financial Instruments Directive …
LSE Confirms Russell Acquisition Talks
The London Stock Exchange confirmed reports today, Tuesday, May 20, that it has entered into exclusive talks with the Northwestern Mutual Insurance Company to buy US-based index provider and asset manager Russell Investments.
LGIM CIO Emphasizes Change Management Integration in BST Europe Keynote
While people, processes and technology are important for an effective means of coping with change at buy-side firms, cultural acceptance is the critical factor, said Paul Stevens, CIO at Legal & General Investment Management, during his keynote address…
S&P Cap IQ Adds VC Experts, Santander to Research
McGraw Hill Financial-owned S&P Capital IQ has made research and analysis provider VC Experts' strategic analysis of private market investment data and regulatory filings for private market financings, as well as Latin American research from Banco…
S&P CapIQ Taps Fitch's Smith to Head New Credit Data-Ratings Biz
S&P Capital IQ has created a new business area, dubbed S&P Credit Solutions, that combines the vendor's analytics, research and data with ratings data from Standard & Poor's Ratings Services, and has hired former Fitch exec Neil Smith to lead the new…
SIX Financial Information Names SunGard's Jeanbart CEO
Swiss exchange and clearing organization operator and data provider SIX Group has appointed Robert Jeanbart as the new chief executive of its SIX Financial Information market data vendor business.
Tabb Promotes Rowady to Head of Data Practice
Research firm Tabb Group has promoted Paul Rowady to principal and head of research for its Research Alliance Data and Analytics (DnA) IT practice, which advises financial firms on opportunities to leverage emerging data management and analysis…
Allmark to Head E-Commerce at EBS
EBS, the foreign-exchange trading platform owned by UK-based broker Icap, has appointed Paul Allmark as its global head of e-commerce solutions.
Bloomberg Adds Full-Depth Direct Edge Data
Bloomberg has begun making full-depth Level 2 market data from BATS Global Markets' Direct Edge exchange available via its Bloomberg Professional terminal and B-Pipe datafeed to existing subscribers to Direct Edge's Level 1 data.
Citihub Opens Zurich Office, Hires Dudgeon in US
Technology and market data consultancy Citihub Consulting has expanded its consulting team with a new office in Switzerland and a senior hire in New York to grow its business in both regions.
Opening Cross: This Year’s Data Oscars Are Gonna Be Monster!
The latest big-budget Godzilla movie, which has just opened in the US may be unlikely to pick up any awards at next year’s Oscars, but is still my most-anticipated movie of 2014. I don’t consider myself at the mega-geek level of sci-fi aficionados (I…
Broker OTCGH, Updata Ally for OTC Data
UK-based technical analysis software vendor Updata has signed a deal with over-the-counter (OTC) energy and commodities broker consortium OTC Global Holdings (OTCGH) to make real-time data, historical pricing curves and OTC options prices available on…
ESMA Selects Data Advisers
Pan-European regulator the European Securities and Markets Authority (ESMA) has named the 20 members of a market data consultative group charged with advising the watchdog on potential data complications stemming from the overlap of two recent pan…
The Problem with Programming: "There's No Good Code"
I'll admit it: From time to time I submit to bouts of jealousy. I try to be happy for other people's success and content with my own station in life, but I'm also hyper-competitive, which I try to mask with charm and an air of nonchalance.
CFH Group to Acquire Half of Boston Technologies
CFH Group, the holding firm for a number of trading technology companies, has announced that it will buy a 50-percent stake in foreign exchange (FX) specialist Boston Technologies, pending final due diligence.