Emerging Technologies
Activ Calls on Collins to Drive EMEA, Asia Growth
US-based low-latency data provider Activ Financial has appointed Ben Collins, former global sales and marketing director of Morningstar’s Real-Time data business, as director of EMEA sales, to define the vendor’s business strategy and develop its…
AlphaSense Adds International Filings Search
San Francisco-based AlphaSense, a provider of tools for searching and extracting unstructured financial data from corporate documents and filings, has expanded its indexed content set with international company data in response to client demand for data…
VWD Adds S&P Bond Ratings to Terminal
German data vendor VWD has added credit ratings on bonds from Standard and Poor’s to its Market Manager market data terminal, in response to demand from clients in continental Europe for additional information to support their investment and risk…
Wolters Kluwer Completes Svenson Acquisition
Wolters Kluwer Financial Services has announced the completion of its deal to purchase reporting software Svenson, from fellow software vendor SmartStream.
The Art of Cutting Corners
A recent survey indicated that many buy-side firms are content to create “workarounds” rather than invest in consolidated solutions and platforms. Anthony doesn’t think this is the best idea—but he understands.
Thomas Gooding to Head Rimes Singapore Office
Rimes, a provider of managed data services for the buy-side, has appointed Thomas Gooding as sales manager for Asia to lead its new office in Singapore.
One CEO Departs at NYSE Liffe, Another Rises
Finbarr Hutcheson, co-CEO of NYSE Euronext's derivatives exchange NYSE Liffe, has been named sole CEO following the departure of longtime executive Mark Ibbotson, his co-CEO.
Rimes Opens Singapore Office
Thomas Gooding has been chosen to head the new office, established to help the managed data services provider build stronger relationships with Asian buy-side firms
Buy Side Grappling with Derivatives Processing Workarounds
Many buy-side firms are choosing workaround solutions for derivatives modeling and processing, rather than consolidating to one platform, according to a survey by investment management software provider SimCorp.
Trapets Nabs Nylén from Burgundy
Trapets AB has announced that Peter Nylén, head of market surveillance at multilateral trading facility (MTF) Burgundy, will be joining the vendor.
ConvergEx Taps Ardell for CIO
ConvergEx Group has named Gary Ardell CIO. He will also be part of the vendor’s executive committee.
HKEx Picks Jones for LME Top Spot
Hong Kong Clearing and Exchanges (HKEx) has announced that Garry Jones will succeed Martin Abbott as the CEO of the London Metal Exchange (LME).
In Two Days, Signals of Change
Nasdaq's SIP-related glitch on Thursday seems a foil for today's news, that the boards of Bats and Direct Edge approved a merger deal on Friday creating a new entity that will surpass Nasdaq's market share. Both events may be long-remembered, and perhaps…
Direct Edge's William O'Brien on the Bats Merger
After much speculation on Friday last week, news broke today that Direct Edge would merge with Bats. Direct Edge's CEO William O'Brien hopes that this will help the newly combined entity, which will go forward under the Bats name, to break into the…
Max Bowie: In With the New (But Not Out With the Old)
With traditional datasets and tools no longer adequate for price discovery and risk management in today’s trading environment—as evidenced by the credit crunch and financial crisis—Max says real innovation requires revolution, not just evolution.
MacKay Shields Weathers Storms with Vigilante's Tech Vision
MacKay Shields has weathered some of the worst storms in recent memory, thanks to a forward-thinking approach to technology, which has been driven in part by its long-serving head of IT. By James Rundle, with photos by Amy Fletcher
For Regulators, Data Engineers in Demand
Regulators in the US have had to significantly increase not only their IT hardware and software, but their staffing as well, to meet Dodd-Frank-related demands.