24 October 2017

Latest market data distribution news

Thomson Reuters commits $100m to Toronto technology centre
Artificial Intelligence

Thomson Reuters commits $100m to Toronto technology centre

12 October 2017  |  4506 views  |  1 comments | 16 tweets | 11 linkedin

A year on from its launch, Thomson Reuters is doubling down on its Toronto technology centre, committing another US$100 million to the project, which will eventually be home to 1500 staffers working on areas such as cloud computing, big data and AI.

Thomson Reuters launches startup incubator
Start ups

Thomson Reuters launches startup incubator

06 July 2017  |  9307 views  |  0 comments | 12 tweets | 8 linkedin

Thomson Reuters is opening an incubator in Switzerland, giving startups working in areas such as big data, analytics, AI and distributed ledgers access to its famed data and content sets.

InvestCloud to open London fintech incubator
Wholesale banking

InvestCloud to open London fintech incubator

28 June 2017  |  5039 views  |  0 comments | 7 tweets | 3 linkedin

California-based InvestCloud is opening a fintech incubator and accelerator in London, inviting firms to take advantage of its platform in developing digital wealth management tools.

Bloomberg terminal base shrinks in 2016
Trade execution

Bloomberg terminal base shrinks in 2016

28 March 2017  |  13398 views  |  0 comments | 15 tweets | 15 linkedin

While Bloomberg continued to command the lion's share of financial market spending on data, analysis and news in 2016, the firm saw its terminal user base shrink for only the second time in its 36-year history.

Wall Street big beasts go all in on OpenFin
Trade execution

Wall Street big beasts go all in on OpenFin

16 February 2017  |  4942 views  |  0 comments | 3 tweets | 6 linkedin

Some of Wall Street's biggest firms have participated in a $15 million financing round for capital markets software house OpenFin.

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'
Post-trade & ops

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

18 January 2017  |  9862 views  |  1 comments | 25 tweets | 19 linkedin

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

TD Ameritrade lets users 'Ask Alexa' for stock quotes
Retail banking

TD Ameritrade lets users 'Ask Alexa' for stock quotes

16 December 2016  |  6708 views  |  0 comments | 5 tweets | 6 linkedin

TD Ameritrade has launched an app that lets investors ask Amazon's Alexa virtual assistant for financial market updates and securities quotes.

Competition Bureau closes market data investigation into TMX Group
Wholesale banking

Competition Bureau closes market data investigation into TMX Group

22 November 2016  |  3097 views  |  0 comments | 1 linkedin

Canada's Competition Bureau has closed its investigation into allegations that exchange operator TMX Group abused its dominance in relations to securities market data.

Google's big chance to disrupt the market data industry
Trade execution

Google's big chance to disrupt the market data industry

07 November 2016  |  10854 views  |  1 comments | 26 tweets | 22 linkedin

Google has a great opportunity to disrupt financial services using a freemium model for the delivery of market news, insights and communications direct to professional desktops, says Adam Honore, founder of consultancy MarketsTech.

Thomson Reuters to cut 2000 jobs
Wholesale banking

Thomson Reuters to cut 2000 jobs

01 November 2016  |  7419 views  |  0 comments | 5 tweets | 8 linkedin

News and data giant Thomson Reuters is axing around 2000 jobs, mainly at its financial and risk business and the recently created enterprise, technology and operations group.

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