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Preparing for Central Clearing

While the market is awaiting news of financial reform in the US, firms have started analyzing the potential impact of a move to central clearing of over-the-counter derivatives. The change in infrastructure would mean a growing need for automated…

Disproving Prejudices against Open Source

Misconceptions and prejudices against open source software, which can be used for ETL and data integration purposes, are unsupported and contradict everything open source stands for, says Talend's Bertrand Diard

Interactive Data Conflates NYSE Feed

Interactive Data has begun offering a reduced-bandwidth version of the New York Stock Exchange's Level 1 equity data feed via its PlusFeed consolidated feed service, to help clients save on the costs required to source and process the data.

Progress Revamps Sales Teams

Progress Software, the parent company of complex event processing software vendor Apama, is in the midst of reorganizing its sales and support organizations to provide a "joined-up" sales strategy that enables the vendor to cross-market its diverse…

Fincad Adds Emerging Markets Data

Software provider Fincad has added interest rate curve data for Asian and South African currencies to its range of derivatives valuation and risk management products, and plans to add more Latin American and Asian data in future, to meet client demand…

StatPro Readies SaaS Analytics Platform

UK-based data and analytics vendor StatPro is preparing to launch a new analytics platform, dubbed StatPro Seven, which will employ software-as-a-service (SaaS) technology to provide end-of-day portfolio pricing, performance attribution and risk…

TXC Eyes Connectivity, Asset Class Expansion

Trading Cross Connects (TXC), an incubator and provider of trading technology for high-frequency foreign exchange traders, is building a hosting center in Tokyo that will provide trading firms with low-latency access to trading and market data from FX…

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