At A-Team’s recent Data Management for Risk, Analytics & Valuations data conference, an informal poll of delegates suggested that only two types of internal data project would get senior management attention in 2012: those responding to regulatory requirements, and those that reduce data costs. With market data often described as the No. 1 cost for financial institutions after personnel, data costs are under more scrutiny than ever. A-Team Insight asked Oliver Muhr, senior vice president of SunGard’s MarketMap financial market data solution, what firms can do to control the cost of financial information.
IBM’s announcement this week of plans to acquire Platform Computing vindicates our decision to include some Big Data discussion topics in our Data Management for Risk, Analytics & Valuations conference in London on October 17 – that’s next week.
The past few weeks’ organisational regrouping in the wake of the departure of Thomson Reuters Markets CEO Devin Wenig over the summer has been supercharged by this week’s news of a complete restructuring of Thomson Reuters by CEO Tom Glocer.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Before we were rudely interrupted by the Christmas holidays – lovely, thanks, and you? – we were speculating about the emerging structure and population of the executive ranks within president David Craig’s new Financial & Risk operating unit of Thomson Reuters, in essence the successor to the former Thomson Reuters Markets. At least some dust has settled since Craig’s December 19 publication of an organisation chart for his group, so we are able to offer some of the highlights.
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So firey former Bloomberg head Lex Fenwick’s appointment as CEO of staid and stolid Dow Jones, replacing Les Hinton who left last July in the wake of the News of the World phone-hacking scandal at parent News Corp.? There’ll be fireworks.
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