Wind of Change Disperses Cloud Data Doubts

Banks are warming to the benefits of cloud computing for market and enterprise data storage and resource-intensive calculation and testing requirements. But, as Joanne Faulkner discovers, there are still challenges that must be overcome before cloud can…

UPDATE: LSE Eyes FTSE-Russell Index Data Combo

The London Stock Exchange plans to consolidate the index calculation and data distribution platforms of its FTSE index subsidiary with those of US-based index provider Russell Indexes—and may migrate the index platforms to proprietary LSE technologies,…

LSE Lays Out Russell Acquisition Proposal

The London Stock Exchange has agreed to buy US-based index provider and asset manager Russell Investments from the Northwestern Mutual Insurance Company for $2.7 billion, in a move to diversify its revenue streams and expand into the US market.

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