Emerging Technologies
Interfax, Finmarket Integrate Terminals
Moscow-based news and data agency Interfax Information Services Group is planning to consolidate data products and make its content available over the Internet via a deal to acquire 90 percent of Finmarket, a provider of Russian market data Web sites.
Interactive Buys Xcitek Data Arm
Interactive Data last week announced that it will buy the market data business of corporate actions data vendor Xcitek for $25.3 million and combine it with Interactive's Pricing and Reference Data division.
FISD to Weigh on Data Standards
US industry association the FISD has begun the process of setting up a standards steering committee to give FISD members a greater voice on the development of industry standard organizations and provide structured feedback to members.
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Interactive Data Patents Valuation Process
Interactive Data Corp. has patented its process for creating fair value pricing for international securities to provide a price that is equivalent to the US market close.
Firms Seek Clarity on Boat Data Fees
European trade reporting utility Project Boat is approaching potential bank clients with "indicative" commercial terms to use its reporting service and to subscribe to feeds of trade data collected from its nine member banks, ahead of a planned November…
Susquehanna Buys Into 29West
Messaging software vendor 29West plans to use the proceeds of an equity investment from Susquehanna Growth Equity, the private equity arm of Susquehanna International Group, to expand its sales and technical offices in New York and London and grow its…
Reuters Outlines Infrastructure Consolidation
Reuters last week presented strong full-year results for 2006 and a positive outlook for the current year that includes a major technology consolidation initiative to promote a strategy of simplification and growth.