Stanley Young Leaves Bloomberg

Stanley Young, the CEO for enterprise products and solutions (EPS) at Bloomberg for the past year, has confirmed that he has left the market data and media giant. “I have left Bloomberg and I am not yet ready to talk about where I am going,” said Young in an emailed response to an FTF News’ inquiry.

Omgeo Adds LEI Support to Alerts Via Avox

Post-trade services provider Omgeo now has support for the global Legal Entity Identifier (LEI) initiative via additional entity- and fund-level fields and data as part of its Alerts web-based global database for account and standing settlement instructions (SSI), officials say.

Bloomberg’s recent admissions that it overstepped a boundary or two when it allowed reporters to regularly access clients’ customer relationship management data is more than just a tempest in a terminal. Major Wall Street firms are demanding to know more because of the potential confidentiality, compliance and security breaches that may have resulted from this high-tech snooping.

Topping the list of winners in this year’s FTF News Technology Innovation Awards are Tim Lind, global head of middle office and entity for Thomson Reuters, chosen as the FinTech Innovator of the Year, and Ludwig D’Angelo, executive director, J.P. Morgan Worldwide Securities Services, named as the Ops Business Person of the Year. SmartStream Technologies won two awards— Service Provider of the Year and Best Enterprise Reconciliation Solution vendor.

GFI Acquires 32 Phoenix Partners Group Brokers

GFI Group, which offers brokerage services, market data, trading platforms and analytics software, has acquired key assets of Phoenix Partners Group, an independent interdealer-broker in the international credit and equity markets. As a result of the transaction, GFI will be hiring 32 brokers—divided between offices in New York and London—and additional operational and management staff, officials say.