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.
A summary of the latest financial technology news.
Data sources are realizing they can leverage end-user inventory management tools to streamline their side of the data sales and licensing process.
MarketAxess is looking to scale its business and launch new offerings by leveraging DataBP's platform, which utilizes API and cloud-based technology, to optimize its management of post-sales relationships and market data.
The exchange delivers on its promise to reduce the cost of exchange data, but subscribers still face an administrative cost burden associated with the lower user fees.
The issue of data ownership may be obscure, but has important consequences for firms considering alternative data models, or firms looking to commercialize their in-house pricing or other resources. So ask yourself some serious questions: Who owns ‘your’…
Brokers and exchanges have begun rolling out “self-service” portals that allow clients to choose data and services on an a la carte basis. Opinions vary on whether they are the Holy Grail or a poisoned chalice.
Wei-Shen and Tony talk about WatersTech’s three biggest stories of the week.
While market data departments are rarely highlighted when it comes to innovation, Max says that doesn’t mean there aren’t disruptive tech projects underway.
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
Mike Kirby will use his experience to help brokerages put licensing structures around their data to generate revenues and reduce risks.
The integration of PEAR, acquired last year, is a further step towards integrating the vendor's key data inventory management platforms, FITS and InfoMatch.
The creation of GFIS is the culmination of a three-year plan to consolidate and improve how the broker managed hundreds of data sources.
The move will build on SCB's internal efforts over the past year to establish and grow a formal data business.
Toronto's TMX Group is looking to revolutionize the way that it conducts data audits with users. While the early feedback is positive, will others follow suit?
The partnership will allow existing and potential subscribers around the world to access all CME Group data via a connection to Google Cloud.
VKey will extract and present key terms from financial firms' data contracts, enabling them to better understand how they can use the data they pay for.
The two companies plan to capitalize on synergies and cross-selling opportunities by integrating Axon's data policy information into TRG's license and inventory management tools.
After creating its VendorScape tool to support client optimization projects, ISN spotted a broader opportunity to create a suite of data management solutions.
Prior to joining Northern Trust, St George has held senior data roles at CME Group, HyperFeed, and FutureSource
The final outcome of the arbitration award is expected to be announced by the first quarter of 2019.
Three Indian stock exchanges have said they will immediately terminate data licenses that allow non-Indian exchanges and trading platforms to create derivates from their securities and indexes.
The new module arose from a "groundswell" of demand from clients to manage their index costs alongside the costs of index data.