Financial technology provider ITRS Group has made Geneos, its IT performance management solution, compatible with B-PIPE, Bloomberg’s real-time market data feed, according to a company statement. Geneos provides an interface that will allow for advanced monitoring of the data sent through B-PIPE, a normalized and consolidated real-time market data feed for the enterprise. B-PIPE provides… Read More >>
Watchdogs: Wayward Firms to Face More Record Fines
After a year of record-breaking fines that has left financial services firms reeling and their investors anxious about what the future may hold, regulators and prosecutors alike say wayward firms can expect more of the same – and worse – going forward. “The next time one of these institutions engages in misconduct, I think they… Read More >>
Bloomberg Acquires RTS
Bloomberg has acquired RTS Realtime Systems, a provider of low-latency connectivity and trading support services, bringing RTS’s infrastructure, software and personnel into the fold, according to a company statement. RTS provides market connectivity and trading tools for equities, futures, options, FX and fixed income trading, according to the statement. “RTS’s strength in market connectivity is… Read More >>
J.P. Morgan Re-Masters Its Reference Data Operations
(Editor’s Note: This story will appear in the Winter/Spring digital edition of the FTF News magazine, which will be online next month.) J.P. Morgan’s realignment of its investment-banking and Worldwide Securities Services businesses has yielded not only the Corporate & Investment Bank unit but has led to an overhaul of its reference data operations. The… Read More >>
Bloomberg Hires from Bridgewater for Security Chief as FIX Trading Community Revamps
Former Bridgewater Security Chief Moves to Bloomberg News and market data giant Bloomberg has named Paul Wood, the former chief information security officer at investment firm Bridgewater Associates, as its chief risk and compliance officer, officials say.For the newly created role at Bloomberg, Wood will oversee all risk, corporate compliance, client data security, and security… Read More >>
Stanley Young Leaves Bloomberg as a Regulatory Support Trio Creates ‘Cordium’
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… Read More >>
Is Bloomberg’s Snooping More than a Tempest in a Terminal?
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… Read More >>
Bloomberg Takes CFTC to Court
Bloomberg is challenging the CFTC in court over a new rule for margining that the media giant says favors futures over swaps. The legal move is seen as an effort to thwart a potential market shift away from swaps transacted via forthcoming swap execution facilities (SEFs) and toward established futures exchanges.Bloomberg, which is laying the… Read More >>
