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Bloomberg Offers Cautious Welcome to European Commission Decision on Thomson Reuters’ RICs

Bloomberg has responded to the European Commission’s decision to accept proposals from Thomson Reuters that open its Reuters Instrument Codes (RICs) to greater market use, by welcoming the change, but warning that compliance is critical if an open market for consolidated real-time data feeds is to be created. The company stated: “In a press release…

Thomson Reuters to Open Up RICs for Consolidated Feeds Under EC Settlement

The European Commission has ended its lengthy enquiry into Thomson Reuters’ licensing policies for Reuters Instrument Codes (RICs), accepting commitments from the company that will create a more fluid market for real-time consolidated data feeds. The deal creates a new environment for Thomson Reuters as it finds itself competing in an increasingly open market. The…

Talking Reference Data with Andrew Delaney: Stirred, Not Shaken

David Craig isn’t an actor who plays James Bond (that’s Daniel Craig). Nor, for that matter, is he a soul singer from Southampton (that’s Craig David). Rather, he’s the president of Thomson Reuters Financial & Risk, the former Thomson Reuters Markets. As part of a full-scale reorganisation of Thomson Reuters that established four client-defined business…

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…