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BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

As expected, Wang Laboratories Inc. announced sale of Wang Financial Information Services Corp. subsidiary to new corporation founded by Infotechnology Inc. in conjunction with Financial News Network Inc. and United Press International. Terms weren't disclosed, although payment is expected to be made in cash. Infotechnology says new corporation will feature UPI, Institutional Research Network and FNN's Data Broadcasting Corp. unit. Wang Financial includes SHARK quotations service.

Leaving so soon

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DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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