Data Management Insight Blogs The latest content from across the platform
Netik Appoints Evan Lorch as Chief Financial Officer
Netik, a leading global financial information management and distribution provider, announced today the appointment of Evan Lorch to the role of Chief Financial Officer. He will sit on Netik’s executive management team reporting directly to Rob Flatley, CEO of Netik. Lorch will be based out of Netik’s New York headquarters and will assume responsibility for…
Russell and Axioma Launch a New Suite of ‘Long-Only’ Factor-Based Indexes
Russell Investments, which owns the most widely used U.S. equity benchmarks for institutional investment products’, and Axioma, Inc., a leading provider of advanced tools for portfolio optimization and risk analysis, have collaborated to launch a series of long-only large and small cap factor indexes. These new Russell-Axioma U.S. Small and Large Cap Factor Indexes are…
Does the European Commission’s Ruling on S&P Regarding ISIN Pricing go Far Enough?
Some corners of the industry are not convinced that the European Commission’s recent ruling on Standard & Poor’s ISIN pricing commitments goes far enough, as evidenced by comments made by a number of industry associations including the European Fund and Asset Management Association (EFAMA) and the UK-based Information Provider User Group (IPUG) last week. It…
Virginie’s Blog – A Thorough Grilling at DMRAV
This time last week I was in New York chairing our Data Management for Risk, Analytics and Valuations (DMRAV) conference in front of a packed audience clamouring to hear more about the Office of Financial Research (OFR) from the Fed’s own CDO John Bottega. Although it was not the only highlight of the day (many…
Penson Futures Names Steve Leone Chief Operating Officer
Penson Futures, a member of the Penson Worldwide group of companies and a Futures Commission Merchant that provides execution and clearing services on the world’s major exchanges, announced today that it has named Steve Leone as Chief Operating Officer (COO), a new position. As COO, Mr. Leone will have responsibilities over Global Clearing, Information Technology,…
Thomson Reuters Markets: Biff, Bang, Pow(ell)
No sooner had the ink dried – metaphorically speaking – on Shanker Ramamurthy’s appointment as head of Thomson Reuters Markets’ Sales & Trading group, than news wafted its way across the Atlantic of Roseann Palmieri’s departure as head of Enterprise content. Palmieri, you’ll remember, was hired as part of Thomson Reuters’ drive to bring those…
How Buying Fixnetix Is Truly a Risky Business
Hot on the heels of Colt’s protracted courtship of MarketPrizm comes yet another corporate action in our beloved low-latency infrastructure segment. This one caught us by surprise, but not because it was unexpected. It’s been expected for so long that we’d forgotten about it, to be honest. That Fixnetix was ‘for sale’ has been a…
High Volume, Low Anxiety
In the time that it takes you to read this sentence, approximately 10,000 equity orders and quotes will be sent to the main European equity venues. Approximately 75% of those messages, according to the Financial Times, will be high-frequency trades: short-term positions held for a period of milliseconds or, at most, seconds, and every one…
Leading Global Insurance Company Selects XSP v5 Corporate Actions Platform
XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today that it has signed a new client, a leading global Insurance company, to implement the XSP v5 platform for automated global Corporate Actions processing. This new client has licensed the XSP Data Management & Scrubbing module, Web-based eTRAN module for automated notifications, response…
Brown Brothers Harriman Names Scott McLaren Head of Relationship Management and Sales for Asia
Brown Brothers Harriman (BBH) announced today that it has hired Scott McLaren as Head of Relationship Management and Sales for Asia to strengthen its services and business development in the region. In his new position, Mr. McLaren reports to Bill Rosensweig, Managing Director for Brown Brothers Harriman (Hong Kong) Limited. Mr. McLaren joins BBH from…