The pair set up the company in response to what they see as understaffing at financial firms around license management and market data compliance.
“We think there is more need now for data compliance, as a result of the ‘intellectual brain drain’ at financial firms,” says Norwalk, Conn.-based DataCompliance chief executive Toomey-Wilson. “When I came to the US working at MDSL back in the mid-1990s, market data was in a bad state. There were no systems or controls. Then people got a handle on
Liquidnet's Adam Sussman joins to discuss the Members Exchange: Why do we need another trading venue, what are the tech challenges, who will be the CEO?Subscribe to Weekly Wrap emails