A summary of some of the past week’s financial technology news.
A look at some of the key People Moves from this week.
FTSE Russell, index provider, to roll out series of updates to ICB standard for end of 2018.
Acquisition aims to boost FTSE Russell’s appeal to fixed income clients and “enhance and complement” LSE’s Information Services data and analytics offering.
The deal will provide underlying data for the creation of new FTSE Russell indexes, and adds to LSE's data and analytics capabilities.
Samad was previously CEO of the Barclays Risk Analytics and Index Solutions business, prior to its recent sale to Bloomberg.
The deal will provide new indexes on the Nambian market
Information services and indexes are expected to contribute 25 percent of the merged exchange group's revenues, five years after the merger is complete.
The former Morningstar sales exec will help FTSE Russell strengthen its brand in Canada through cross-selling.
The move reflects increasingly sophisticated passive investment needs and demand for factor indexes, officials say.
An ICE takeover would end plans to create the world's largest index provider.
Even before they confirmed merger negotiations, it was clear to see that the London Stock Exchange and Deutsche Börse had much in common.
The merged entity would include a combined index business bigger than S&P-DJI or MSCI, analysts say.
ESG (environmental, social and governance)-driven indexes emerged as a growing area of interest among investors.
Desai has previously served at Thomson Reuters, TD Securities and TD Wealth Management.
Cemprola will draw on his experience to help Inovestor expand its coverage and geographic reach.
The LSE exits the data terminal business after buying Proquote 12 years ago.
A flurry of ESG data deals may be a step in a new direction.
The vendor will roll out a platform that allows users to access more granular underlying data.
Black has previously held index and data sales roles at MSCI and TMX Group in Canada.
Walsh will oversee growth of the index provider's presence in the region
New hires each bring 20 years of experience, and will strengthen the exchange's index business.
Index provider expands ESG index business with trio of new hires.
Alliance sees companies collaborate on index data, as well as ETF education initiatives for institutional investors.