Security Pacific Market Information will cease to be at the end of July. Less than two years after its launch, the PC-based fixed-income data service has fallen victim to slow growth -- and to apparent boredom on the part of Security Pacific Corp., one of its parents.
At its demise, SPMI has about 400 subscribers and is thought to be losing money at an annual pre-tax rate of about $1.7 million. "It wasn't meeting our financial objectives," says SPC spokesperson Randall Brelsford. Competing wi
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails