Organization & strategy

FTSE, SSE Settle Index Data Dispute

Index provider FTSE and the Shanghai Stock Exchange last week announced they have reached a settlement agreement over unauthorized use of SSE's data by the FTSE Xinhua Index (a joint venture between FTSE and Xinhua Finance) in the creation of futures…

Thomson Vets Launch Algo News Venture

Selerity, a start-up run by Thomson Reuters' former director of quantitative news and other former Thomson executives, will this week unveil version 1.0 of the Selerity Platform, a suite of tools and data for identifying, capturing and analyzing real…

Offshoring: The New Business Case

The reference data market is no longer all about cost-cutting, but firms are always looking at cost-efficiency, and many are under continuous pressure to migrate staff to offshore locations. The maturing offshoring market means firms now have greater…

StreamBase Opens Developer Community

Complex event processing software vendor StreamBase Systems will this week unveil an open-source developer community portal, dubbed StreamBase Component Exchange (SBX), which allows developers to share non-proprietary code developed for use with the…

Skyler Shifts Development Ops to London

Concord, Calif.-based tick database and data technology provider Skyler Technology is shifting its base of operations to London, including all of its software development and support functions, in a bid to reap cost benefits and to be closer to a major…

Morningstar Reorganizes Real-Time Support

Chicago-based vendor Morningstar has reorganized the support operations of its Real-Time division-formed following its acquisition of Tenfore Systems in 2008-to provide centralized support for the vendor's global data acquisition and distribution…

CME Eyes Index Products with Dow Buy

CME Group plans to create new indexes and financial products based on its exchange-traded and over-the-counter data assets, and will leverage CME's data distribution network to expand the index products' reach, following its $607.5 million purchase of 90…

Progress Revamps Sales Teams

Progress Software, the parent company of complex event processing software vendor Apama, is in the midst of reorganizing its sales and support organizations to provide a "joined-up" sales strategy that enables the vendor to cross-market its diverse…

SpryWare Boosts NY Salesforce

Chicago-based ticker plant vendor SpryWare is beefing up its New York presence with two new hires to market the vendor's Market Information Server ticker plant to firms with low-latency and high-capacity market data requirements in the city.

StreamBase Embarks on Hiring Spree

Lexington, Mass.-based complex event processing software vendor StreamBase Systems has made a series of new hires to support business growth and client expansions by bolstering its sales and technical development functions.

New Hires Bolster Fixnetix Data Ops

Low-latency data and trading technology provider Fixnetix has bolstered its London-based technology and support capabilities with a slew of new hires in its technical engineering and operations areas to support its growing client base.

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