Inside Data Management - IDM August 2017
Articles in this issue
August 2017: By Accident or Design
With large numbers of firms still unprepared for many aspects of MiFID II, Max questions whether the laggards—whatever their motives—are ready for the impact of non-compliance on their business.
Power to the People: Will MiFID II Data Disaggregation Deliver on Cost Control Promises?
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
Firms Drag Heels on MiFID II Research Rulebook Rewrite
MiFID II’s ban on broker-subsidized free research will leave sell-side firms with a multitude of challenges—not least how to price research so as not to lose customers who might direct trading elsewhere, without appearing to incentivize clients to trade…
Asia’s MiFID II Compliance Countdown
The countdown to Jan. 3, 2018, when MiFID II will take effect, is starting to sound like the ominous ticking of a time bomb. Many details of the regulation have been available for some time, yet as the clock ticks down, questions still remain over…
A Costly Race to MiFID II Reporting Compliance
Trade reporting and publication mechanisms are a key part of the new MiFID II legislation. So why are alarming numbers of firms yet to choose their providers? With a last-gasp sprint on the cards in a crowded field of participants, Jamie Hyman…
Baking a Distributed Ledger Layer Cake in a Data Oven
Much of distributed ledgers’ potential lies in their shared data layer. Yet ledgers’ rapid rise has moved mostly apart from data management and data managers. Tim Bourgaize Murray explores the reasons why, and the possible opportunities within the world…
MDSL to Continue Data Focus After Sale to PE Firm SEP and Merger with Telesoft
MDSL CEO-turned-chairman Mendoza says the acquisition will enable MDSL to become a leader in technology expense management.
Singer Taps Torstone Technology for MiFID II Solution
UK-based N+1 Singer selects Torstone’s InfernoRC module to comply with transaction reporting requirements under MiFID II.
TP Icap Picks Bloomberg Platform for MiFID II Compliance
Interdealer broker selects Entity Exchange to support execution services
PE Firm TCV Buys Into AxiomSL
Senior executives of TCV--which has invested $9 billion in tech companies over the past 22 years--will advise AxiomSL's board.
ING, Bloomberg Ally for Emerging FX Indexes
The indexes will help investors increase their exposure to emerging markets currencies, and track them against the US dollar.
Morningstar Takes Stake in Fund Rating Partner Sustainalytics
The ownership stake will support the continued joint development of sustainable investment products and related tools.
Thomson Reuters Expands Tick History Service
Officials say the enhancements to Tick History will support the creation of algorithmic trading strategies and compliance with MiFID II.
SIX Launches Regulatory Data Hub
New platform aims to simplify exchange of regulatory data and associated documents.
Sentieo Debuts Research Management System to Manage Data, Notes in Desktop
The RMS will help analysts manage and share data relevant to their watchlists from across Sentieo's platform, and their own content sources, as well as proprietary notes.
Illuminate Takes $1.6 Million Stake in TickSmith
Investment will fuel the tick data management platform's expansion into New York and London.
Wall Street Horizon Beefs Up Enchilada with Europe and Asia Index Data
WSH has expanded its coverage of international companies with the addition of European and Asian large caps to its Enchilada platform.
NZFMA Taps Bloomberg’s B-Pipe Feed for Rates Pricing
New Zealand’s institutional banking association will have access to market data from B-Pipe without having to rely on prices submitted by bank panels.
Bloomberg Latest to Receive FCA ARM Nod
Bloomberg gets FCA approval to test transaction reporting capabilities under MiFID II
JWG: Buy-Side Firms At Risk of Missing MiFID II Deadline Eye Outsourced Data Management, Reporting
Data management solutions among most popular areas for outsourcing to comply with impending rules.
EDM Council Reports Data Quality Challenges Still Loom Large
EDM survey finds firms doing well on organization, but have far to go in reaching data management quality benchmarks.
FCA Worried by Lack of Readiness for MiFID II Reporting
UK watchdog accepts “scale of the challenge” but urges firms to “crack on” with putting data reporting apparatus in place
Thasos Completes ‘Streams’ Lineup of Mobile Location Data
The vendor sources and aggregates signals from mobile devices to draw conclusions about shopper movements and employee numbers.
Nasdaq Reaps Rewards from Information Investment, Hails Hub Potential
Index business growth contributes to more positive results for Nasdaq’s data business, with its Analytic Hub and buy-side focus singled out as a “long-term” growth opportunity for the division going forward.
Ex-Soros’ Kerstein, Innovative Network Solutions Ally for Outsourced Data Admin Service
The service will provide a range of market data management and reporting functions on an as-a-service basis.
Money.Net Adds Another Bloomberg Exec for Investment Banking Push
Daskalakis' appointment reunites him with former Bloomberg exec and Money.Net CEO Morgan Downey, bolstering the vendor's add-in and API integration offering.
CME Hires Ex-Analyst, Strategist Honoré to Lead Data Product Management
Honoré's hire is part of a broader initiative by the exchange to leverage derived data as a revenue stream.
Shank Boards Apcela
Shank's operations background in other industries will see him take responsibility for overseeing day-to-day operations at Apcela.
Ultumus Builds US Base with Redstone
Redstone has spent 40 years in the financial markets, much of that time in data and trading technology-related roles.
Axioma Pays Severance
Severance has two decades of experience of working in the areas of risk management, analytics and technology.
AWS Taps Colt’s Hutchinson to Drive Financial Cloud Migrations
Hutchinson has previously worked at a variety of network, co-location and infrastructure providers, including Colt, Telx, Equinix, Level 3 and Savvis.
Barchart Taps Zacks Vet Sheehy for Institutional Sales
Sheehy will bring a decade of experience at Zacks, plus additional experience of stock analysis, to his new role at Barchart
StatPro Enlists Entwistle for Americas Sales
Entwistle has more than 20 years' experience in sales of technology and data solutions to financial markets clients.
David Morris Joins RegTek Team
RegTek.Solutions announces "key hire" of David Morris as product manager.
Jordan & Jordan Promotes Raskin to Lead Market Data Expansion
The appointment is part of plans for “continued strategic growth" of the division, officials say.
AIM Software Grows Professional Services Team
Soni and Loznica have more than 30 years of combined software implementation and engineering expertise.
