A summary of some of the past week’s financial technology news.
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
A look at some of the key "people moves" from this week, including Sarah Wang (pictured), who has been appointed head of structuring Americas at BNP Paribas.
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
The move is in response to inbound demand from firms seeking hard-to-find datasets.
The move will build on SCB's internal efforts over the past year to establish and grow a formal data business.