Frankfurt's DekaBank went live last week with the ASP version of BST's FinOffice 5 market data management system, officials tell Inside Market Data.
According to Ronald Vetter, senior business analyst at DekaBank, the bank spends about E18 million a year on market data, and FinOffice will help it manage market data services and users and identify duplication.
"We wanted a system which helps us to manage the huge amount of market data providers and systems that we manage at the bank. We saw a
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails