Columbia Management Co. has installed 18 quote terminals from ILX Systems Inc. The move--an early step toward the UNIX operating environment--eventually will oust incumbent Shark Information Services Corp., which has provided Columbia portfolio managers and traders with real-time quotes for eight years.
The decision to go with ILX--taken a month ago--followed a year-long look at new system possibilities. The ILX terminals went live earlier this week. The ILX system will run parallel with the
It’s a trio of problems: Mifid II’s data problem; blockchain projects stalled; and data quality issues for machine learning.Subscribe to Weekly Wrap emails