Come Together

Last week, IMD revealed Thomson Reuters' plans for consolidating its product lineup. In this issue, we reveal the vendor's plans for consolidating the underlying networks that distribute data to those products, which will involve the vendor moving from five disparate networks at present to just one-the Reuters IDN network-over the next five years.

Of course, Reuters has tried to implement network migrations in the past, though plans to migrate IDN to a renamed Bridge Data Network were shelved

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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