Data
Top Banks, Hedge Funds Buy Perzo Messaging Platform for $66M
A consortium of 14 major financial firms has acquired Palo Alto, Calif.-based messaging platform provider Perzo and renamed it Symphony with a $66 million investment to provide an open-source, secure and compliant messaging platform for financial…
Managing Compliance from a Single Platform
Northern Trust says it has improved post-trade OTC reporting for clients since deploying Sapient's Compliance Management Reporting System
BATS Delays New Feed Launch After SEC Extends Review Period
BATS Global Markets has delayed the launch of its BATS One consolidated feed of data from the four equities markets operated by its BATS and Direct Edge exchange, after the Securities and Exchange Commission extended its 45-day period by a further 45…
Rimes Adds Thomson Reuters Indexes to BDS
Economic and benchmark data provider Rimes Technologies has added support for Thomson Reuters' equity and fixed income indexes to its Rimes Benchmark Data Service to meet demand for diverse index data from buy-side clients.
Xignite Builds Managed Java, .Net APIs
San Mateo, Calif.-based on-demand data provider Xignite has released new software development kits for Java and .Net that will enable clients, prospects and financial technology developers to build applications that leverage Xignite's market and…
Boat Adopts MMT Standards for OTC Trade Reporting
Boat Trade Reporting, which Swedish technology supplier Cinnober Financial Technology acquired earlier this year from Markit, has implemented the full Market Model Typology (MMT) standards for OTC cash equity trade reporting, in an effort to boost data…
S&P Cap IQ, Kuberre Launch Event Fusion Real-Time Alerting
S&P Capital IQ, the data arm of McGraw Hill Financial, and Andover, Mass.-based financial technology provider Kuberre Systems will launch a new cloud-based platform, dubbed Event Fusion, today, Sept. 30, which provides real-time alerts on news and…
Ex-Harco Execs Reunite at Datactics
Datactics, a Belfast, Northern Ireland-based provider of data quality software, has appointed former NYSE Technologies managing director Steve Cowler chief technology officer, replacing Sarah Bearder, who has served as CTO since 1999 and will remain as…
CenturyLink Opens First Mainland China Datacenter
Datacenter, internet and hosting provider CenturyLink has opened a datacenter in Shanghai to provide locally hosted infrastructure for multinational firms doing business in China, and to support "data sovereignty," officials say.
S&P Boss Eccleston Resurfaces as TMX CEO
Canadian exchange group TMX has appointed former S&P and Bloomberg exec Lou Eccleston as chief executive, effective Nov. 3, replacing Thomas Kloet, who announced his retirement earlier this year.
Estimize Taps Former S&P Research Director for PR, Research
New York-based crowd-sourced earnings estimates provider Estimize has appointed Christine Short──former director of earnings research at S&P Capital IQ──vice president of media and public relations, with additional responsibility for content generation,…
CME, CFFEX Sign Data Distribution Deal
CME Group has signed an agreement to license and distribute market data from the Shanghai-based China Financial Futures Exchange (CFFEX), as part of the Chinese exchange's global development activities to grow its business in international markets.
Nasdaq Index Head Jacobs Announces Retirement
John Jacobs, executive vice president of global information services at Nasdaq OMX and head of the exchange's index business, has announced he will retire from his current role effective Jan. 2, 2015.
McObject Taps C3S as Southeast Asia Distributor
Issaquah, Wash.-based in-memory database provider McObject has signed a deal for Singapore-based financial technology provider C3S to act as a local distributor for McObject's eXtremeDB Financial Edition database system and related product family in…
Vista Equity Partners to Buy Tibco for $4.3Bn
Austin, Texas-based private equity firm Vista Equity Partners has struck a deal to acquire data technology provider Tibco Software for $4.3 billion ($24 per share) in cash, following "a review of strategic and financial alternatives" by a special…
Fitch Hires Ex-Thomson Reuters' Mattinson to Grow Biz
Fitch Solutions, the data vendor arm of ratings agency Fitch, has hired Ian Mattinson as head of product delivery and execution, responsible for accelerating the growth of the vendor's business and delivering new products to market.
Sibos: A Good Place To Check ISO 20022 Progress
Industry professionals plan to take stock of progress on the ISO 20022 messaging standard used for corporate actions, in a key session at the Sibos conference in Boston on September 29
Datactics Adds CTO, Board Member
Dale Richards, a financial industry operations consultant, has joined the data services provider in its new push into the industry
SunGard XSP Launches Dashboard, BPaaS Services
The corporate actions services provider debuts its XSPosure dashboard and a business process as a service form of its data utility
Updata Integrates Eikon, Datastream Data
UK-based technical analysis software provider Updata has integrated data from Thomson Reuters’ real-time Eikon terminal and Datastream economic research tool into its Professional analytics workstation, to enable customers to carry out advanced analytics…
Opening Cross: In Data, as in Baseball, a Great Captain Unites His Team
Whether you’re a Yankee or Red Sox supporter, you have to take your hat off to Yankees captain Derek Jeter: in his last game at Yankee Stadium, he not only made a respectful exit in front of a sold-out crowd of home fans, but also saved the day with a…
Morningstar Begins Historical Tick Database Revamp
The real-time data business of Chicago-based data and investment research provider Morningstar is in the middle of a project to make its database of historical tick data more flexible and accessible to different types of users and use cases.
Millistream Database Application Upgrade Targets Performance Gains
Swedish market data vendor Millistream has released an upgraded version of its Millistream Database Application (MDA), to provide clients with quicker access to market data and to simplify future upgrades, officials say.
Credit Benchmark to Begin Publishing Consensus Credit Ratings by Year-End
London-based Credit Benchmark, a startup provider of aggregated, bank-generated credit ratings, is preparing to publish its first set of live data towards the end of this year, which will be the first of its monthly──and ultimately more frequent──rating…