ICE Plans ICE Clear Europe Migration

"Basically, the same technology that is powering ICE Clear U.S. will be used at ICE Clear Europe," says Edwin Marcial, CTO of ICE. "This is the last piece and it is a large project on the clearing side. We plan to complete the transition in the first quarter of 2011," he adds.

Currently, ICE outsources some of the clearinghouse's front-end clearing components to NYSE Technologies in a legacy arrangement that ICE had with ATOS Euronext Market Solutions (AEMS), which NYSE Euronext acquired in

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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