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S&P Global Acquisition of IHS Markit Creates Financial Data and Analytics Powerhouse

S&P Global’s $44 billion acquisition of IHS Markit will create a financial data and analytics powerhouse capable of challenging Bloomberg’s market leading $11 billion revenue and towering over the proposed $27 billion acquisition of Refintiv by the London Stock Exchange (LSE). The combined company will benefit from increased scale, a wider product portfolio and a…

A-Team Group Introduces 2021 Innovation Awards

Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The…

Nasdaq Launches Cloud Data Service

Nasdaq has finally launched its new long-awaited Cloud Data Service (NCDS), offering access to real-time exchange data, index, and fund data through cloud-based technology from Amazon Web Services (AWS). The solution makes Nasdaq data available through a suite of scalable, cloud-based Application Programming Interfaces (APIs), which utilise open-source delivery standards and a software development kit (SDK)…

Diginex Partners with Itiviti on NYFIX Connectivity

Itiviti has partnered with Diginex, a digital asset financial services and advisory company, to provide its global NYFIX connectivity platform to Diginex clients: enabling them to access to a FIX-based order routing network that connects 1,600+ buy-side, sell-side and trading venues across all asset classes. According to the announcement, the partnership was driven by demand…

New FX Spot Benchmark Launched by Raidne to Fix Past Challenges

Outsourced trading services specialist Raidne has teamed up with New Change FX to launch a new foreign exchange fixing benchmark aimed at providing an alternative to the WM/Reuters (WMR) benchmark, which has been at the centre of ongoing manipulation allegations. The new Siren benchmark has been designed to reduce the risk of abuse that has…

Can EQT Partners Repeat $3 Billion BvD Flip with Rimes Investment?

Swedish private equity firm EQT Partners has emerged as the mystery suitor behind talk that managed data management specialist Rimes Technologies was up for sale. EQT is best known in the data management space as the investor that in 2014 acquired entity data specialist Bureau van Dijk (BvD) and flipped it three years later to…

Rimes Technologies: Will They or Won’t They Sell?

Rimes Technologies won’t comment on a media report that it’s for sale. But a recent news item – published, surprisingly, by Dow Jones’ Barron’s investor newspaper – has sparked speculation on possible acquirers of this benchmark and reference data services provider. Industry executives contacted by Data Management Insight suggest that Rimes could garner interest from…

FCA Authorises Bloomberg Index Services as a Regulated Benchmark Administrator

The UK Financial Conduct Authority (FCA) has authorised Bloomberg Index Services Limited (BISL) as a regulated UK benchmark administrator under the European Union Benchmark Regulation. BISL has conducted index administration since 2014, including serving as the administrator of the Bloomberg Barclays fixed income indices. In addition, it administers the Bloomberg Commodity Index, the UBS Bloomberg…

IHS Markit Expands Global Dividend Forecasting Service

IHS Markit has doubled the number of companies covered by its Dividend Forecasting service. The expanded global service covers 28,000 stocks in more than 90 markets, providing up to five years of dividend forecast data for each stock covered and offering index providers, derivatives desks, asset managers and hedge funds with one of the broadest…