Deutsche Börse Announces Reorg of Market Data, Services
Four new service lines have been created under the MD+S business area.
MD+S will be divided into four different service lines: regulatory services, data services, index services and infrastructure services. All four lines will be supported by the newly created Content Lab, which will serve as a place for the development of innovative content and intellectual property.
The restructuring of MD+S falls in line with Deutsche Börse's goals from its "Accelerate" growth strategy, which was announced in July 2015 and looks to have net revenue increases of 5 and 10 percent annually. Holger Wohlenberg, a managing director at the firm, will remain the leader of MD+S.
New Departments
Regulatory services, which include reporting solutions for clients looking to meet current or future compliance obligations, will be headed by Georg Gross, who helped grow the firm's market data business.
Data services, previously known as information services, will be made up of Deutsche Börse's data dissemination business and look to expand data sets and create new analytics. Hartmut Graf, who has led the firm's index business since 2004 and served as the CEO of Stoxx since 2010, will lead the division. Graf will also serve as deputy head of MD+S.
The Stoxx and DAX indices will now fall under index services. Matteo Andreetto, who previously served as global head of sales at Stoxx, has been named the head of index services and CEO of Stoxx.
Infrastructure services will bring together the tools and market solutions lines, and include licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients. Willy Suter, previously in charge of market solutions at Deutsche Börse, will lead this group ad interim.
Finally, the Content Lab will be headed by Konrad Sippel, who last served for product and market development at Stoxx.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Former Goldman analyst aims to blend GenAI and synthetic data with start-up
Synthera.ai is taking a novel approach to calculating risk. While promising, industry observers are skeptical.
Waters Wavelength Podcast: Bloomberg’s Tony McManus
Tony McManus, global head of enterprise data division at Bloomberg, joins the podcast to talk about the importance of data in the context of AI and GenAI.
Devil’s Bargain: Closed architecture systems will derail AI ambitions
Rob Flatley explains why closed-off systems will fall flat when it comes to AI adoption.
This Week: First Trust/Bloomberg/New Constructs, Cboe/Metaurus, LTX/MultiLynq, and more
A summary of the latest financial technology news.
Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
Frank Tarsillo, CTO at S&P Global Market Intelligence, joins the podcast to discuss the firm’s approach to AI, the importance of data, and what might be in store for datacenters in the coming years.
BMO’s cloud migration strategy eases AI adoption
The Canadian bank is embracing a more digital future as its cloud strategy makes gains and it looks to both traditional machine learning and generative AI for further augmentation.
Waters Wrap: GenAI and rising tides
As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.
Most read
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Waters Wavelength Podcast: Bloomberg’s Tony McManus