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The knowledge platform for the financial technology industry

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Mark Davies Takes Role of CEO at Avox as Ken Price Steps Down

Ken Price has left his role as CEO of Avox, making way for DTCC business development head Mark Davies to take the CEO’s role at the reference data company. UK-based Avox was co-founded by Price and acquired by DTCC in July 2010, at which time Price said he would leave the company once it had…

Thomson Reuters’ Craig: The Future is Cloud

Thomson Reuters expects the financial markets to move to a cloud-based, managed services delivery model, and it is positioning its Elektron platform to meet that requirement, says David Craig, president of the company’s Financial & Risk unit.  Craig was interviewed by A-Team’s Andrew Delaney, for sister community ReferenceDataReview.com. By leveraging the Elektron infrastructure, Thomson Reuters…

Gonet&Cie Automates Credit Ratings with S&P Capital IQ’s XpressFeed

S&P Capital IQ has named Swiss private bank Gonet&Cie as its first European customer to automate Standard & Poor’s credit ratings through the use of its XpressFeed enterprise data feed. The S&P ratings were added to the feed in June 2012 and have already won towards 30 subscribers in the Americas and Asia-Pacific. S&P Capital…

Gjensidige Selects Moody’s Analytics’ RiskIntegrity Solvency II Solution

Norwegian insurance company Gjensidige is working with Moody’s Analytics’ RiskIntegrity Solvency II solution to improve risk management and support compliance with the forthcoming regulation. The company chose RiskIntegrity on the strength of its out-of-the-box regulatory capabilities and ease of use. Thomas Bichard-Breaud, leader of Gjensidige’s Solvency II reporting, explains: “Moody’s Analytics offered us the best…

Performance by Numbers: Lessons on Latency

When sizing up a data sheet, what numbers pop out at you?  IOPS? GB/s? Latency?  If you’re like most IT professionals, you might be starting to pay more attention to latency.  In case you’re still wondering what all the fuss is about, let’s look at why low latency is so important, why it’s a challenge…

Oracle Announces X3-2 Appliance; Includes Cloudera

Oracle has that perfect holiday present for data scientists … the just announced Oracle Big Data Appliance X3-2 includes the latest microprocessors from Intel, plus a distribution of Cloudera’s Hadoop, together with Cloudera Manager.  Specifically, Oracle is tapping Intel’s Xeon E5-2600 8-core chips (sometimes referred to as Sandy Bridge), and the appliance can be configured…

A Recruiter’s View: Much Demand For FPGA Skills in 2013

2013 looks set to prove a dynamic year for hiring in the low-latency technology sector.  With a growing diversity in the “end user” space,  we here at Harrington Starr – a specialist financial IT recruiter – are predicting significantly increased demand for talent with the best candidates in high demand.  2012 has proved a very…

Bloomberg’s Secunda Cites Enterprise Products and Solutions Business as the Way Forward

Tom Secunda, founding partner and global head of financial products and services at Bloomberg, cantered through a brief history of technology and made a foray into the future at last week’s Bloomberg Enterprise Technology Summit in London before delivering the Bloomberg message that the world has changed but is providing opportunities that were unimaginable two…

CounterpartyLink Details Development of CPL Online Entity Data Service

CounterpartyLink is progressing the development of its CPL Online legal entity intelligence service with the immediate addition of a compliance index and the promise of hierarchy data for all entities it holds and a visualisation tool to view related data. The company’s October 2012 commitment to offer beneficial ownership data at a level of 10%…

SIX Financial Information Prepares Data Solution for Fatca Compliance

SIX Financial Information has joined the growing band of market data vendors preparing to meet the reference data requirements of the US Foreign Account Tax Compliance Act (Fatca). While Fatca regulation is not expected to be finalised until next year, ahead of the act coming into effect on 1 January 2014, SIX Financial Information is…