Alliances, Mergers & Acquisitions
Thomson-Reuters Overshadows Consolidation Frenzy
After years of buying up smaller competitors to boost their own assets, Thomson and Reuters finally agreed to pool their resources this year, making 2007 the year of the largest-ever single takeover deal to hit the market data industry.
CMA partners with Numerix to empower credit traders
Credit market data provider CMA has partnered with Numerix, a provider of pricing and risk analytics, to create an integrated offering for buy-side firms.
StrongerTogether
Consolidation
Arcing towards the buy side
Arcontech is another in a long line of technology firms that started life focusing on lucrative tier-one sell-side organisations, but due to the rise in prominence of the buy side, have since widened their scope to include hedge funds and long-only asset…
Thomson to feed data to Paladyne clients
Paladyne Systems, the NY-based provider of hedge fund technology and services, has contracted Thomson Financial to provide real-time market data to its customers.
Size Matters
STREAMING QUOTES
Viteos boards Credit Suisse's ASP bandwagon
Viteos Fund Services, a Somerset, NJ-based provider of middle-office, accounting and administration services, has partnered with the prime brokerage division of Credit Suisse to deliver its services to the bank's hedge fund clients.
Extra! Extra!
As Inside Market Data goes to press, the latest round in the industry's merger and acquisition frenzy sees two companies make abrupt about-faces while contributing to the ongoing trend towards consolidation. It's big news—quite literally: the latest…
On the Same Page?
STREAMING QUOTES
Users undecided on Thomson-Reuters deal
User organisations are undecided in their response to the proposed takeover of Reuters by Thomson Corporation, although positives likely to result from the merger include low product overlap and the combined entity's ability to take on rival Bloomberg…