The new division is tasked with identifying new areas for standardization.
The federal judge presiding over the ongoing class-action suit against Cusip Global Services, S&P Global, FactSet, and the American Bankers Association, has dismissed all complaints against the defendants except one alleging the quartet violated Section 2 of the Sherman Antitrust Act.
The New York-based market data company has filed a complaint against Fidessa for failing to honor its agreement to invest up to $6.25 million into the business.
Users of index data often complain about the fees they have to fork out, particularly to the likes of S&P, FTSE Russell, and MSCI. WatersTechnology examines the state of the industry and what will disrupt the status quo.
Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.
A small number of exchanges have joined the Pyth Network. Nyela wonders whether the on-chain data distribution model fits in with the swift rise of data marketplaces.
Market participants say cloud has the potential to reimagine data licensing. But moving to the new operational model comes with a raft of unanswered questions.
While the new rules will eat into financial services resources, regulators say they will also offer safeguards for managing cloud agreements.
Regulatory developments and startups gaining some ground may—one day—threaten the incumbent providers in this space.
Vendors are looking to provide AI models to help financial professionals get more value out of unstructured data sources.
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
Exchange group looks northward in global expansion drive with completion of three trading system acquisitions
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
The acquisition of the 10-year-old vendor will give the exchange group high-quality market data, low-latency direct feeds, and packet-capture capabilities, experts say.
BNY’s Eric Hirschhorn says processes—not just the data itself—need to be examined, and points to a data-centric approach.
Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
As exchanges prepare roll-out of major upgrades, banks are struggling to cope
Firms say changing SLAs and getting required information from vendors like AWS, Azure and Google Cloud is a heavy burden.
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
A summary of some of the past week's financial technology news.
The community group is building a referencing architecture to test the theory that all participants in the data supply chain behave as originators, providers and users.
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
The bank is developing solutions to help internal teams understand compliant usage and entitlements.