Emerging Technologies
SimCorp Buys Reporting Specialist Equipos
Copenhagen-based vendor SimCorp has acquired Equipos, a London-based developer of reporting software.
Burton-Taylor: Data Demand Falls in 2013; Spend Driven by Price Hikes
Global spend on market data and analysis increased by 1.1 percent last year from $25.5 billion in 2012 to $25.88 billion in 2013, but would have been fallen if not for vendor price increases of an average two percent, according to research from Burton…
Bats Chi-X Europe Hires Jill Griebenow as CFO
Bats Chi-X Europe has appointed Jill Griebenow as chief financial officer with immediate effect. She will be responsible for all financial controls and human resource functions, including financial planning and reporting.
Multi-Bank Group TESI to Adopt Fix Protocol
The Fix Trading Community has announced that the Trading Enablement Standardisation Initiative (TESI), developed by Etrading Software and supported by the investment banking community, has adopted the Fix Protocol guideline in order to reduce operational…
KKR's Colorful Personality: CIO Ed Brandman
Ed Brandman’s friendly quirks don’t conjure the conventional image of an IT chief, especially at KKR, one of the more white-shoe firms in a space famous for them. But don’t let the CIO’s charms fool you. He effectively redefined enterprise-grade…
Anthony Malakian: The Power of the Investor
Anthony says that while new reporting guidelines and technologies will help firms to make the business case to move away from spreadsheets in favor of automated systems, investors will hold the most sway in making this a reality.
Max Bowie: Lights, Camera, Data!
With movies about corporate espionage and greedy tycoons—from the high-flying The Wolf of Wall Street to the grimy Boiler Room—always popular, the average person’s understanding of market data and trading technologies comes from the big screen, not the…
March 2014: Breaking the Habit
Microsoft Excel as an operational tool is as flawed as it is ubiquitous on Wall Street—even the regulators are guilty of over-reliance on spreadsheets—but Victor says cutting back on its use in favor of automated processes can mean serious long-term…
Interactive Data Adds MT Newswires' US, Canada News to Market-Q Desktop, App
Interactive Data has integrated US and Canadian news and analysis from MT Newswires─a division of Midnight Trader─into its Market-Q web-based data terminal and its accompanying Market-Q Mobile platform.
Charles Thomas Appointed Wells Fargo CDO
Charles Thomas, who has worked at the United Services Automobile Association since 2008, will take up the role of chief data officer at Wells Fargo in March
Perseus Buys TLV for Low-Latency CME-ICE Microwave Data
Network provider Perseus Telecom has acquired Broadview, Illinois-based TLV Networks, which operates a low-latency microwave network connecting Chicago-based futures exchange matching engines, from wireless network infrastructure design and management…
Feldstein Fits at BAML
Bank of America Merrill Lynch has appointed Josh Feldstein as vice president of market data sourcing, based in New York.
Recognia Names CFO MacAskill New CEO
Ottawa, Canada-based technical analysis software vendor Recognia has appointed Kenneth MacAskill chief executive, replacing founder Rick Escher, who has stepped down from the CEO role but will remain actively involved in the company and its board of…
BNY Mellon Acquires HedgeMark, Appoints Lapkin
BNY Mellon has announced it will acquire the remaining 65 percent stake in HedgeMark International, a current affiliate and provider of hedge fund managed accounts and risk analytics services.
Bond Analytics Vendor Hessegim Adds Fitch ratings data
Israeli fixed income software provider Hessegim Software has added credit rating data from Fitch Solutions-the software arm of ratings agency Fitch-to its Prafis fixed income analytics desktop.
Redi Adds OTC Markets Data
Trading technology provider Redi Global Technologies has begun distributing real-time Level 1 and Level 2 market data from New York-based over-the-counter equities exchange OTC Markets Group, to offer its clients access to a broader range of traded…
Opening Cross: ‘Location, Location, Location’ Is Only Half the Battle
Wherever you feel at home, your location is ultimately only as good as the leverage it provides.
BATS–Direct Edge to Equalize NY4, NY5 Latency, Post-2015 Equinix Move
BATS Global Markets will ensure that trading members of its BATS and Direct Edge exchanges will experience the same latency whether they co-locate in datacenter provider Equinix’s Secaucus, NJ NY4 or NY5 facilities when the US equities and options…
TPI, Nasdaq Ally for eSpeed Treasury Data, Sales Deal
Tullett Prebon Information (TPI), the data arm of interdealer broker Tullett Prebon, and Nasdaq OMX have struck a partnership for TPI to integrate benchmark US Treasury bond data from Nasdaq’s eSpeed electronic trading platform into its products and…
Open Platform: The Data Needs of a New Breed: ‘Oceanographer Traders’
Navigating today’s extensive volumes and variety of traditional and new types of market data for opportunities is like trawling a vast ocean for sunken treasure. Bart Bartolozzi, senior product marketing manager at IPC, explains how getting the most out…
Pastro To Lead Development At Interactive Data
Interactive Data has hired Al Pastro, previously a managing director at Morgan Stanley, to oversee product technology initiatives
Is The HTML5 Revolution Here?
This year might just be the year that HTML5 takes over Wall Street. Will you be leading the charge?
Interactive Data Names Brown, Pastro to Senior Roles
Interactive Data last month appointed Sean Brown as president of its 7Ticks low-latency infrastructure unit in Chicago and Al Pastro as chief information officer of application development, based in New York.
Pickles Leaves BT, Sets Up Independently
Chris Pickles has left BT and plans to work as an independent consultant specializing in mobility, security, identity management and regulatory compliance, among other functions