Emerging Technologies
Index Provider Solactive Grabs Grabbe for COO
Frankfurt-based custom index calculator Solactive AG has named former bank exec Christian Grabbe chief operating officer, to oversee operational processes at the company that will contribute to continued growth.
Push-Out Pushback & A Devastating Dismissal
Two events in the past week portend dramatic consequences
Top Stories of 2014: Risk's Multiple Tech Vectors
Market, counterparty, credit, liquidity ... operational, cyber ... what's next?
Metamako Taps NYSE, Wombat Vet Kennedy for US
Australian low-latency switch vendor Metamako has hired Ciaran Kennedy as New York-based business development manager to run the vendor's newly opened US operations.
Waters USA 2014: Revisiting the Kill Switch Debate
Are kill switches efficient, or more trouble than they're worth?
Custodians, Spaulding Create Benchmark Data Cost Transparency Principles
BNY Mellon, State Street and Northern Trust, along with performance measurement provider The Spaulding Group, have created a set of principles to improve transparency around fees associated with the use of benchmark indexes and their data, to help asset…
Update: Trading Central's Recognia Buy Will Enable Analytics Cross-Pollination, Institutional Expansion
Vendors eye lengthy company integration, but speedy product integration roadmaps
Trading Central Buys Analytics Vendor Recognia
Acquisition of Recognia to create "market leader" in technical and fundamental analysis.
Waters USA 2014: FX Primed to Suffer More Trading Scandals
Panel talks possibility of rogue trader in FX
2014 Review: Firms Stretch Tight Budgets to Meet Regs, ID New Data
Data consumers continued to feel the pressure of tight budgets and new regulation in 2014, but also faced the added pressure of trying to find ways to generate alpha from data within those budgetary constraints.
2014 Review: Infrastructure Deals Drive M&A, Funding Activity in 2014
This year saw its fair share of mergers, acquisitions and investments, with some deals driven by expansion plans, others by strategic opportunism, and others spurred by unforeseen circumstances.
2014 Review: Vendors, Venues Diversify Services to Meet Demand
Data vendors and exchanges sought to broaden their reach and diversify their offerings through new content and partnerships in 2014, while retiring legacy products and setting new market data policies.
2014 Review: Data Industry Sends a Message on Chat Platforms
Only a year ago, data vendor Markit had just unveiled its Collaboration Services initiative, an open messaging network, directory and set of collaboration tools designed to allow firms to share information with each other across different communications…
2014 Review: ESMA Weighs in on EU Consolidated Tape; Details TBC
While 2014 saw European regulators take important steps towards making a pan-European consolidated tape a reality, market data professionals are still waiting for the crucial details that will shape its implementation.
2014 Review: In US, Consolidated Tape Saga Comes Full Circle
While Europe has yet to establish a consolidated tape, the US market spent 2014 pushing through changes to make its own tapes more resilient to market outages following a series of glitches last year. However, the path towards change was not smooth.
2014 Review: Industry Finds Ways to Derive Value from the Crowd
New datasets created using crowd-sourcing continued to grow in 2014, with new players entering the market with propositions to solicit crowd-sourced investor predictions that could provide leading indicators of market movements to institutional traders.
2014 Review: Cloud Makes Crucial Gains, Despite FinQloud Exit
The financial data industry continued to pursue cloud adoption in 2014 to achieve IT cost efficiencies and manage rising volumes of data, despite one of the key financial cloud players pulling out of the business.
2014 Review: As Volumes Intensify, Data Search Tools Get Smart
According to Interactive Data’s chief information officer Alex Goor, speaking at Inside Market Data’s Asia Pacific Financial Information Conference, about 90 percent of current data levels were created within the last two years. In the financial sector,…
2014 Review: Herd in Review: Bloomberg’s Back, and So Are Other Data Vets
January: Norwegian vendor Infront named Urs Rutschmann chief operating officer. Rutschmann was previously COO of Swedish trading systems vendor Tbricks. Fidessa promoted Emily Thomas to global head of new business sales, and hired Phil Jeffrey—former…
DelphX Plans Expansion, Data on Quandl
Bond trading venue operator DelphX plans to expand its Mav=n (Market-Adjusted Value per congruent Nexus) pricing service, to provide users with fair value prices for SEC Rule 144A private placements, asset-backed and mortgage backed securities, and…
Opening Cross: Rudy the High-Speed Trader
Max presents a festive Christmas column for your entertainment
The Waters Weekly Wrap: December 8-12, 2014
A look at the best articles from the past week
Skepticism Builds for Chief Data, Analytics Officer Roles as CTOs, CIOs Dig In
CDO & CAO roles have been slow to develop on the buy side
4Cast Founder Park Sets up Consultancy
Rowland Park, founder of London-based real-time analysis and research vendor 4Cast, has left the company to set up a consulting firm, Park Horizon, focusing on providing strategic consulting services to startup software companies.