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CORRECTION

Market Data Professionals released Magnet 1.0 in June 1997, not June 1998, as stated in the Jan. 14 issue of Inside Market Data.

REUTERS OPENS SOFTWARE CENTER IN THAILAND

Reuters has opened its new software development center in Bangkok. Reuters Software (Thailand) will take over development and support responsibility for the company’s real-time financial applications for market data display and analysis, order routing, transaction processing, news content creation and data distribution

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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