Inside Market Data/News
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…
Fincad Adds Emerging Markets Data
Software provider Fincad has added interest rate curve data for Asian and South African currencies to its range of derivatives valuation and risk management products, and plans to add more Latin American and Asian data in future, to meet client demand…
StatPro Readies SaaS Analytics Platform
UK-based data and analytics vendor StatPro is preparing to launch a new analytics platform, dubbed StatPro Seven, which will employ software-as-a-service (SaaS) technology to provide end-of-day portfolio pricing, performance attribution and risk…
TXC Eyes Connectivity, Asset Class Expansion
Trading Cross Connects (TXC), an incubator and provider of trading technology for high-frequency foreign exchange traders, is building a hosting center in Tokyo that will provide trading firms with low-latency access to trading and market data from FX…
BGC Taps Xignite for On-Demand Data
Interdealer broker BGC Partners will this week roll out an on-demand data service for its market data, using white-labeled technology from Web services data provider Xignite.
Langevin, Mangan Break from BarCap
Three members of Barclays Capital's market data team in New York have left the firm to take on new roles at other banks, Inside Market Data has learned.
Thomson Reuters Preps Global Hosted Feeds
Thomson Reuters will unveil an expanded, global hosting solution for supporting managed datafeeds and hosted data distribution platforms over the first quarter of this year, using hosting facilities operated by network and hosting provider Savvis.
Internet Securities Enlists Scout to Track Rogue Access
Emerging markets news and information provider Internet Securities, a division of Euromoney Institutional Investor, is rolling out technology from Scout Analytics, a Seattle-based provider of subscription usage analytics, to identify unauthorized sharing…
Goral Taps OneTick for Trading Expansion
Baltimore, MD-based statistical asset manager Goral Trading is rolling out OneMarketData's OneTick tick database to support its move into equities and futures trading.
CQG Adds Nordic Derivatives Data
Denver, Colo.-based data, charting and trading software provider CQG has expanded its coverage of the Nordic market with the addition of derivatives market data from the Nasdaq OMX Nordic exchanges, in response to demand from customers.
Corvil Debuts LMC, Appliance Upgrades
Dublin-based latency management technology vendor Corvil has developed a new system, dubbed the Latency Management Center (LMC), which enables users to aggregate and analyze latency statistics from its CorvilNet monitoring appliances deployed across…
Bessemer Stake to Fund Activ's Expansion Plans
Low-latency data vendor Activ Financial last week announced a $25.3 million investment from venture capital firm Bessemer Venture Partners, designed to fund expansion projects to enable Activ to pursue larger-scale opportunities, in return for an…
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.
BCC Preps Excel Server Analytics
German data technology vendor BCC Group is developing a calculation engine and real-time data integration application, dubbed MDF-Calcnode, which will allow front-, middle- and back-office users in banks to deploy scalable instances of Microsoft Excel…
Acquire Expands Low-Latency News
Roseland, NJ-based news aggregator Acquire Media has launched two products to give clients more control over how fast they receive the vendor's news and the level of metadata applied to each story.
Citi Aims DART at Data Spend, Compliance
Citigroup has begun a pilot project to begin migrating some of its market data administration and exchange data reporting functions to the managed DART (Data Administration and Reporting Technologies) provided by NYSE Technologies and market data…
Thomson Reuters Preps Global Algo News
Thomson Reuters is broadening the coverage of economic news available via its NewsScope machine-readable news feed, and is redesigning the technology architecture used to distribute the feed by adding Points of Presence (PoPs) in Chicago and London to…
SunGard Euro Brokerage Touts Data Options
SunGard will offer brokerage clients a choice of options for accessing low-latency data when it launches its new European agency brokerage business this week.
Chi-X Canada Moves into S&D Datacenter
Canadian alternative trading system Chi-X Canada is moving its data and trading infrastructure into hosting service provider Switch and Data's Toronto Financial EcoCenter, to accommodate growing data and trading volumes and to gain additional co-location…
Exegy Unveils Omega Feed Handler
St. Louis, Mo.-based hardware ticker plant provider Exegy has built a feed handler to process full order-book data from Canadian alternative trading system Omega ATS, rounding out its coverage of Canadian ATSs, in response to growing demand from high…
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.