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Alveo Sets Sights on Accelerating Market Data Migration to Cloud and Improving Business User Access to Data
Alveo has set out its next stage strategy with a focus on two key themes – accelerating client migration of market data to cloud, and building out its self-service data provision for business users. Also on the agenda are ESG data management, industry partnerships, and development of AI tools. To find out more about the…
Crux Secures $50 Million Funding for SaaS Solution Offering Fast Access to External Data
Crux, provider of a cloud-based data integration and operations solution designed to accelerate value between internal and external data, has secured funding of $50 million in addition to previous funding led by financial sciences company Two Sigma and the Growth Equity business of Goldman Sachs Asset Management (Goldman Sachs) for a total of $175 million…
An Economic Era of Data Democratisation?
By Shai Popat, Managing Director, Global Head Product and Commercial Strategy, SIX. We have all heard the much used phrase ‘generational shift’. As with so many phrases that regularly feature in our industry, the phrase means different things to different people. The next generation of wealth management clients are more tech savvy than ever –…
Snowflake Plans Acquisition of SnowConvert to Speed Up Migration of Databases to Data Cloud
Snowflake has signed a definitive agreement to acquire SnowConvert from Mobilize.net. SnowConvert provides tools to support efficient migration of databases and apps to Snowflake’s Data Cloud. A key challenge of platform migration is the code conversion required to ensure all legacy database functionality can be moved to the cloud with minimal time and effort. The…
Alveo Plans Acceleration of New Products Following Investment from Symphony Technology Group
Alveo is changing hands again after reaching a definitive agreement to receive a majority investment from Symphony Technology Group (STG), a private equity partner to companies in data, software, and analytics. Alveo expects the STG investment to accelerate roll out of new products, further developing its managed data services and Data-as-a-Service offerings. The STG investment…
FactSet Integrates Coin Metrics Digital Assets Data into Asset Management Solutions
FactSet is collaborating with Coin Metrics to integrate the latter’s digital assets data across its solutions for asset management, wealth management, and research. The aim is to support client needs to analyse digital instruments as part of multi-asset class portfolios. Additionally, the collaboration adds digital assets sector coverage to FactSet’s StreetAccount news service. The companies…
Qlik Plans Acquisition of Talend
Qlik, a provider of data integration and analytics solutions for the financial services sector, plans to acquire Talend, provider of a unified platform dedicated to data integration, integrity, and governance. The deal would bring together two Thoma Bravo-backed firms to deliver a cloud independent portfolio of solutions designed to help customers address data integration, transformation,…
S&P Global Market Intelligence Adds ChartIQ to Capital IQ Pro Platform
S&P Global Market Intelligence has acquired ChartIQ, a provider of data visualisation and charting, to enhance its S&P Capital IQ Pro platform, digital investment solutions provider Markit Digital, and other workflow solutions. Prior to the S&P Global Market Intelligence acquisition, ChartIQ was part of Cosaic, a workflow solution provider offering data visualisation and desktop technology…
Despite Downturn, Financial Services Firms Must Hold the Line on Data Management Investments
By Justin Llewellyn-Jones, head of capital markets for North America at Broadridge. As financial services firms craft strategies for what’s shaping up to be a challenging 2023, they must hold strong on one essential point: don’t cut back on investments in data management. Over the past several years, many financial services firms have launched initiatives…
A-Team Group Names Winners of Data Management Insight Awards – Europe 2022
Congratulations to the winners of A-Team Group’s Data Management Insight Awards – Europe 2022. These awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across Europe. This year’s Data Management Insight Awards – Europe were presented by Olympic Athlete, Derek Redmond after a…