Emerging Technologies
Vendors Brace for Merrill-Lehman Fallout
Data vendors are implementing cost control procedures to mitigate the impact of the sales of Merrill Lynch and Lehman Brothers to Bank of America and Barclays, respectively, last week.
STAC Readies Data Benchmarking Tools
The Securities Technology Analysis Center is set to unveil a suite of tools for benchmarking market data technology installations that will utilize a set of procedures expected to be approved last week by end-user members of STAC's Benchmark Council.
Telvent Buys DTN for Agri Data Drive
Spanish energy technology service provider Telvent last week bought Omaha, Nebraska-based DTN-which provides data on the agricultural, refined fuels and weather markets-for $445 million in cash, to expand into the US agricultural and commodities data…
Solace Taps Former Tibco Staffers for New Offices
Hardware-based networking provider Solace Systems recently completed a hiring spree of former Tibco staff to fill a round of new offices in Atlanta, Palo Alto and Tokyo that the vendor announced last week.
SIX Telekurs Launches CEO Hunt
SIX Telekurs, the market data vendor subsidiary of newly rebranded SIX (Swiss Infrastructure and Exchange) Group, is seeking a new chief executive, after announcing last week that current CEO Marc Carletti plans to leave the vendor after just over 18…
RTI Builds NY Presence with New Hires, Moves
Sunnyvale, Calif-based low-latency messaging middleware provider RTI is opening a New York office to support existing financial clients and new business sales in the city, officials tell Inside Market Data .
Aleri Shuffles Execs for Regional Focus
Complex event processing (CEP) technology vendor Aleri has reshuffled its senior management team, in a move designed to provide a more regionally focused operational structure, Inside Market Data has learned.
JWG-IT: New Venues Prompt European Data War
The importance of managing market data has never been greater for European trading firms, according to a research note entitled, "Winning the RegTech Data War," recently published by industry think-tank JWG-IT.
Kingsbury, Dore, Reichgut
Position Keeping
Practice Makes Perfect
Ten years after the creation of the Securities Market Practice Group (SMPG) data specialist Karla McKenna talks to Carla Mangado about the group's ongoing efforts to facilitate market practice industry-wide and the key achievements of the corporate…
Fortunato to Build Data Biz at BondDesk
Former Tradeweb director of market data Ben Fortunato, who recently joined bond trading platform BondDesk as managing director and chief operating officer of the broker's TIPS and TechHackers calculation and trading software subsidiaries, says his remit…