Thomson Financial has selected COO Sharon Rowlands to succeed Dave Shaffer as chief executive. Rowlands, who joined Thomson Financial from FT Information – now FT Interactive Data – retains the role of president. Shaffer, who has been CEO since 2002, moves back to Thomson corporate, continuing to report to Richard J. Harrington, president and chief executive officer of parent company Thomson Corp.
In a highly competitive trading environment with little room for manoeuvre, financial institutions are looking to move on from legacy data infrastructure and build proprietary high-speed, low-latency trading systems offering agility, accelerated time-to-market, and potentially, competitive advantage. This is a sizeable undertaking and a shift from dependence on third-party trading services and solutions that has...
Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...
Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...