Emerging Technologies
Bessemer Stake to Fund Activ's Expansion Plans
Low-latency data vendor Activ Financial last week announced a $25.3 million investment from venture capital firm Bessemer Venture Partners, designed to fund expansion projects to enable Activ to pursue larger-scale opportunities, in return for an…
SpryWare Boosts NY Salesforce
Chicago-based ticker plant vendor SpryWare is beefing up its New York presence with two new hires to market the vendor's Market Information Server ticker plant to firms with low-latency and high-capacity market data requirements in the city.
StreamBase Embarks on Hiring Spree
Lexington, Mass.-based complex event processing software vendor StreamBase Systems has made a series of new hires to support business growth and client expansions by bolstering its sales and technical development functions.
Constructing the Greek Ideal
As smaller exchanges continue to face competition from the large global exchange operators, they need to find the balance between innovation and nimbleness. DWT European reporter Tanzeel Akhtar sits down with Spyros Capralos, chairman of the Athens…
SEC Plans HFT, Co-Lo Reviews
US regulator the Securities and Exchange Commission last week initiated a formal review of the current US equity market structure, with commissioners agreeing unanimously to issue a concept release seeking comment on issues around high-frequency trading,…
EPFR Global Hires for Buy-Side, Asia Drives
Fund flows data provider EPFR Global has hired two new executives to help the vendor raise its profile with buy-side clients and with potential users in the Asia-Pacific region.
New Hires Bolster Fixnetix Data Ops
Low-latency data and trading technology provider Fixnetix has bolstered its London-based technology and support capabilities with a slew of new hires in its technical engineering and operations areas to support its growing client base.
Dow Jones Targets ‘Unified Voice' With EMG, Consumer Combo
Dow Jones' decision to combine its Enterprise Media and Consumer Media groups, announced last week, is intended to create a single operating structure for some of its key businesses that will enable the vendor to build better technology solutions and…
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Data Consumers Form Working Group to Prevent Intro of Bloomberg SPA Contracts for Fund Admin Clients
LONDON - Data professionals affected by Bloomberg's planned New Year introduction of service provider agreement (SPA) contracts for fund administration clients have joined forces to oppose the change, which now appears to be delayed, officials tell…