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 summary of some of the past week’s financial technology news.
The agreement will streamline the process by which FTSE Canada collects quotes from dealers, and provide enhanced datasets for the creation of new indexes.
A summary of some of the past week's financial technology news.
A look at some of the key People Moves from this week.
A look at some the key "people moves" from last week, including Douglas Taylor (pictured, right), who is leaving Burton-Taylor.
LSEG has named Waqas Samad group director of the information services division while Mark Makepeace will remain throughout 2019 in a non-executive chairman role.
Rimes will be launching a new managed service, called RegFocus BMR Data Feed, to help users adhere to the Benchmarks Regulation.
Part of Dunlap's role will be managing the integration of prior and future acquisitions by the LSE's data and index businesses.
The pair will build on ISN's existing team of senior industry executives and expand its expertise and contacts base.
Officials say Togno's industry knowledge and client experience will help the index provider build its business in Latin America.
Seiji Ishii will be responsible for driving the index provider’s growth in Japan.
The FTSE Global Climate Index Series and FTSE ESG Index Series will support investors who want to incorporate ESG factors into passive investment strategies.
Chau brings more than 15 years' experience of indexes, exchange-traded funds and structured products to his new role, including stints at two major rival index providers.
FTSE Russell hires two “ESG specialists’” in Rory Sullivan and Aled Jones.
FTSE Russell, index provider, to roll out series of updates to ICB standard for end of 2018.
Young will bring more than a decade of experience at OppenheimerFunds and S&P to creating insights and solutions for FTSE Russell clients.
Former CME exec Smith will head the business area that licenses FTSE Russell's indexes for the creation of derivative products.
FTSE Russell has launched the new indexes in response to "growing demand" for underlying ESG parameters and for "smart sustainability" indexes.
The deal will provide underlying data for the creation of new FTSE Russell indexes, and adds to LSE's data and analytics capabilities.
Samad was previously CEO of the Barclays Risk Analytics and Index Solutions business, prior to its recent sale to Bloomberg.
DTN is seeking to expand its equities coverage beyond just US active traders to those in other markets.
Information services and indexes are expected to contribute 25 percent of the merged exchange group's revenues, five years after the merger is complete.
The division tackles the challenges of not just Big Data but "Big Green Data" to create a data model to underly "green" indexes and investments.