A-Team Insight Author: A-Team
SIX Financial Information Selects OneTick and AC Plus for IT Renewal
SIX Group is investing CHF100 million to rebuild and revitalise the IT infrastructure behind its Financial Information business, formerly Six Telekurs. The aim is to meet customer demand for improved reference and market data products and, in turn, renew the company’s reputation as an innovative market leader. The CHF100 million ($110 million) investment will be...
Thomson Reuters Returns to the EC with Revised Offer on RICs
Thomson Reuters has returned to the negotiation table at the European Commission with a revised offer on how it will ease licensing policies for Reuters Instrument Codes (RICs). The issue of access to security and other identifiers will be discussed in a panel session at A-Team’s forthcoming Data Management Summit in London on May 22...
S&P Capital IQ and EDI Join Forces for Global Corporate Actions Service
S&P Capital IQ and Exchange Data International (EDI) have combined their respective North American and global data to deliver a consolidated global dividends and corporate actions service that will support risk management with timely and accurate corporate actions information. The move catapults the companies into competition with Interactive Data, Bloomberg and Thomson Reuters. The global...
Sandy Bridge, PCIe Gen 3 Give Tibco’s FTL a Boost
Intel’s recently introduced Sandy Bridge microchips, together with the latest PCI Gen 3 interconnect technology, is giving a performance boost to Tibco Software’s FTL messaging middleware – for both intra-server and inter-server communications. Officially known as the Xeon Processsor E5-2600 family, Sandy Bridge incorporate up to eight cores and 20 MB of cache, with integrated...
Markit Continues Buying Spree with Agreement to Acquire Cadis
Financial information services company Markit has agreed to acquire enterprise data management (EDM) solutions supplier Cadis for an undisclosed sum, confirming a rumour that has dominated the London reference data circuit for the past week or so. The deal is the latest in a series of Markit acquisitions that includes LogicScope, QuIC, Data Explorers, QSG...
Google Releases BigQuery Analytics
Following about six months in beta, Google has released BigQuery, a cloud-based analytics service that it claims can run SQL-like queries on billions of rows of data “at Google speed.” The service is being pitched at enterprises looking to run ad-hoc queries on datasets, and leverages Google’s massively parallel cloud infrastructure to acheive its high...
ISE and Hanweck Team for PhD Historical Tick Data
The International Securities Exchange, in partnership with Hanweck Associates, has launched the ISE Premium Hosted Database, a hosted database of historical tick data with full OPRA coverage – quotes and trades from all U.S. options exchanges – plus U.S. equities level one data, pre-computed implied volatilities and Greeks, full corporate action histories, and ISE Open/Close...
Opinion: 20 Points on the LEI Initiative
By Allan D. Grody, President, Financial InterGroup Holdings 1. There was a rush to pass legislation in the US after the onset of the financial crisis 2. The legislation was written piecemeal as you would expect since the financial industry itself is “piecemeal”, that translates into silos of business and piecemeal/silos of understanding 3. The...
Swift Struggles to Stay in the Game as FSB Favours Federated Approach to LEI
The Financial Stability Board (FSB) has veered away from existing plans for the infrastructure that will support legal entity identifiers (LEIs), proposing a federated model for the distribution and registration of LEI numbers rather than a single and central global registration authority. This could be a significant blow to Swift, which was selected last year...
Azul Zing Boosts OptionsCity Trading Performance; Releases 5.2 JVM
OptionsCity Software is leveraging the Zing Java Virtual Machine from Azul Systems to boost performance of its Freeway algorithmic trading and Metro market making systems. By taking advantage of Zing, the systems can take advantage of more robust, sophisticated and customised models, and predictable low-latency, to deliver better trading performance. Zing is a 100% Java-compatible...