Recent tech and data M&A deals aren’t just about acquiring clients or 'bolt-on' solutions, but will yield longer-term gains through granular integration of the vendors’ product lines and technologies.
Anthony loves when his opinions spark debate. Following responses to a recent column on consolidation among mid-market data technology vendors, he provides something of a case study, which looks at how Exegy is evolving after its acquisition of Vela.
After pairings of the Options-Activ, Exegy-Vela, and now Pico-Redline, Anthony wonders whether the next wave of consolidation will involve the biggest tech and market data players.
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
A look at some of the key "people moves" from this week, including James Bunch (pictured), who joins TRG Screen as chief technology officer.
A look at some of the key "people moves" from this week, including Julian Elliot (pictured), who joins Integral as senior product officer.
A look at some of the key "people moves" from this week, including Mike Johnson (pictured), who joins Broadridge as VP and global product manager of derivatives clearing.
While last week it was announced that Exegy and Vela are merging, Anthony says that the deal is only a sign of what’s to come in the market data space. He also poses some questions about the LSE raising its Sedol fees.
The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.
The first iterations of the new Optimize platform will be available early next year.
A summary of some of the past week’s financial technology news.
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…
A look at the key people moves from this week.
Visconti will bring his 28 years of experience in technology, capital markets and exchange roles to help Vela grow its business by overseeing its technology strategy.
The integration of cryptocurrency data marks the first time that Vela has carried any kind of currency data on SuperFeed.
SuperFeed now accessible via BT’s financial markets cloud community.
Under the deal, TRG will sell Vela's DART Terminal Usage Analytics tool, though Vela will continue to provide support services and ongoing development.
The technology provider expands systematic internaliser data hub with addition of data from market-making firm Virtu Financial.
Technology provider expands Mifid II offering with launch of systematic internalizer data hub.
This Vela move follow’s its acquisition last month of futures and options trading specialist OptionsCity.
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…
Between them, Crosby and McKibbin have more than 30 years of industry experience at exchanges, data and trading technology companies.