TradingTech Insight Blogs The latest content from across the platform
Benchmarking the Benchmarks
In the world of low latency, it seems that benchmarks are headline news. Having readily available figures showing xxx microseconds and yyy hundreds of thousands of updates per second is a pretty sure way to get some press coverage for one’s product. Indeed, I find myself asking of vendors who are pushing their new datafeed…
A Low Latency History Lesson
I’m in the green and pleasant land, aka England, trying to partake in some R&R. But I can’t escape work, even when I am in historic Stratford-upon-Avon, birthplace and later home of William Shakespeare. It seems the Bard knew a thing or two about low latency, or at least about leveraging it. Indeed, “Make use…
Paladyne Names Simmonds to Head Europe
Paladyne Systems has named David Simmonds, formerly of Misys to head its new London Office.
PolarLake Apponts Brazel as Chairman
PolarLake has appointed Patrick Brazel, an industry veteran of 25 years, as chairman. Brazel is also chairman of GoldTier.
Williams Departs as U.K. MD of Citadel Associates
Jean Williams, U.K. managing director of buy side data management solutions vendor Citadel Associates, is no longer with the company. At press time, her whereabouts could not be ascertained.
Buzzelli to Depart Mellon to Join Reuters
Brian Buzzelli, who has led Mellon Financial’s foray into provision and management of reference data as part of its securities administration services offerings, is leaving the custody bank to join Reuters’ enterprise data group as part of the DataScope team. Further details weren’t available at press time.
Koch Quits Telekurs Just Weeks after Assuming New Marketing Policy Role
Telekurs Financial veteran Beat Koch has decided to leave the company. Koch most recently was head of the Swiss vendor’s global marketing policies & project function, a role he assumed under a major reorganization this spring. Before that, he was head of Telekurs Financial’s U.K. operating subsidiary and had led other subsidiaries in the past….
Markit Completes Integration Of ABSReports Data Services
Following its acquisition of deal reporting service ABSReports at the beginning of the year (Reference Data Review, January 2007), Markit, provider of data, portfolio valuations and OTC derivatives trade processing, has launched what it says is the first integrated pricing and performance monitoring service for the European asset-backed securities (ABS) market in a move it…
Reuters’ New JRisk On Demand Offering Packages Broad Coverage of Evaluations, Terms and Conditions
Reuters’ new JRisk On Demand, a tailored risk management solution for hedge funds developed by the Applied Networks unit that it acquired last year, not only delivers real-time risk management tools directly to individual managers’ desktops, but aims to provide “enormous” cost benefits to clients through access to Reuters reference and terms and conditions data. …
Performance Measurement Emerges as Beneficiary Of Rimes’ Hosted Data Management Platform
Swiss private bank Pictet & Co. has emerged as one of several asset management organizations that have applied Rimes Technologies SmartFiles custom data file service to their performance attribution operations. Rimes’ SmartFiles is providing firms like Pictet with a normalized and aggregated feed of benchmark, pricing and other data sourced from numerous and disparate suppliers,…