Global reach and consistency are key to successfully offering managed services in the current market, said Bill Fenick European business manager for real-time information at Thomson Reuters, at this week’s A-Team Insight Exchange conference in London. Given the vendor’s launch of its Elektron platform earlier this year (see coverage 
Cloud computing may have become a buzzword for the industry but despite some reservations in the market about latency, it does have potential in an enterprise data context, agreed panellists at A-Team Insight Exchange in London this week. Market participants are seeking to streamline their usage of vendor data feeds and reduce their costs and are using private clouds to share data on an enterprise wide basis, explained Kendale Systems and Services’ principal consultant John Best.
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Low latency infrastructure specialist Endace Technology has submitted feedback to the European Commission’s MiFID review, recommending mandatory one nanosecond time stamp increments in pre and post-trade data feeds, clock synchronisation to GPS time signals and a consolidated tape that incorporates these timing recommendations. The New Zealand based company also suggests the Commission should consider the need for consistent standards in the area of cyber security, especially for major execution venues.
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