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Upcoming Webinar: Approaches to migrating market data to the cloud to drive agility in trading operations

Date: 25 February 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Market data in the cloud is an attractive proposition in terms of reducing the cost of on premise servers and storage, and moving into a more agile and flexible data delivery environment. It is also well suited to working…

2021: Brexit, No Equivalence and the Day of the SEF

By Kirston Winters, Managing Director – MarkitSERV, IHS Markit. The transitional period ended on 31 December with no relief for European Union (EU) firms on the derivatives trading obligation (DTO) from the European Commission (EC) and only limited adjustments from the United Kingdom (UK). This left many firms with conflicting and incompatible DTOs in the…

Market Data in the Cloud: Opportunities and Challenges

Financial institutions are buying into the promise that the scalability and elasticity of cloud solutions will prove to be more cost-effective than on-premise implementations. As firms migrate what they can of their technology infrastructures to the cloud, they are starting to include market data delivery and ingestion systems – long considered too critical to be…

MarketDesk Launches Data Mart with NewChangeFX Partnership

MarketDesk has launched a facility for selling and buying financial content using the cloud-based market data distribution platform it has deployed for private financial services clients. First out of the gate is a partnership with NewChangeFX (NCFX), the FCA-authorised FX benchmark data provider, to offer access to NCFX’s content via MarketDesk’s newly enhanced platform, available…

Revenue Management for Exchanges and Other Financial Data Providers

Monetisation of market data and other financial information has become a major revenue stream for exchanges and electronic trading venues. But these organisations are often dependent on third parties – often market data vendors – for the final connection to end-consumers of their data products. This can make establishing and maintaining direct client relationships challenging….

DXC Technology Spins Off Fixnetix to Options Technology

Almost four years after inheriting the company as part of its 2017 acquisition of CSC, DXT Technology has spun off capital markets infrastructure specialist Fixnetix in a sale to erstwhile rival Options Technology. Terms weren’t disclosed. The transaction – which is expected to close in the first half of this year – marks a full…

3di Purchase of IDLA Adds Licensing Expertise to Data Management Consulting Practice

3d innovations’ (3di) acquisition of Investment Data Licensing Advisors (IDLA) adds the latter’s expertise in market and data licensing best practices with the former’s data management consulting practice and Profiler offering. As part of the agreement, IDLA principal John White will lead the combined entity as 3di CEO. Terms weren’t disclosed. The arrangement is an…

AWS, SGX and Aquis POC Demonstrates Feasibility of Cloud-Based Matching

AWS, the Singapore Exchange (SGX) and Aquis Exchange recently completed a proof of concept (POC) that confirmed the viability of situating an exchange matching engine in a cloud environment. The POC – which focused on evaluating the core functions and connectivity latencies of Aquis’s order-matching platform in the AWS cloud – demonstrated respectable order turnaround…

New Change FX Selects EOSE to Accelerate Distribution of Data and Analytics

New Change FX (NCFX), an independent administrator of regulated FX benchmarks, has partnered EOSE to strengthen distribution of its FX data and TCA tools. EOSE will enable NCFX to concentrate its resources on developing core business strategies by providing the company with a team of expert data sales and business development professionals to ensure new…

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…