BMLL secures investment from Snowflake Ventures

BMLL, the leading, independent provider of harmonized, historical Level 3 data and analytics across global equity and futures markets, today announced that the company has secured investment from Snowflake Ventures and entered into a partnership with Snowflake to deliver granular data and analytics to market participants globally. The news follows the $26m Series B investment from Nasdaq Ventures, FactSet and IQ Capital in Q4 2022. Read the full release here.

Colt: Overcoming the Four Roadblocks that could Derail Your Road to SD WAN

Deploying SD WAN technology is a sound basis for many types of innovation, and can cut the cost of connectivity. It can also solve the challenges of today’s highly distributed enterprise with its complex variety of nodes spread over a wide area and it offers control over the network edge, no matter how fluid. No transition is seamless, though, and the banking and financial services industry has a unique set of challenges which can derail even the most meticulously-planned rollout.

Read about the most common roadblocks  in the road to SD WAN and how to overcome them here.

DiffusionData Appoints Former CME Group Executive Director as Managing Director of The Americas

Media Contact:

Darren Cottom

+44 (0) 1295 713172

+44 (0) 7713 652216

darrencottom@btconnect.com

 

DiffusionData Appoints Former CME Group Executive Director as Managing Director of The Americas

SILICON VALLEY, CA, August 30, 2023DiffusionData, the pioneer and leader in real-time data streaming and messaging solutions, today announced that Scott Fink, previously an Executive Director Site Reliability Engineering at CME Group, as its new Managing Director for the Americas. Scott will be responsible for all customer and partner engagements for DiffusionData Inc across the US, Canada and Latin America.

At CME Group, Scott was responsible for global trading and post trade infrastructure and support to reliably manage market data delivery. Scott worked closely with technical and business operations teams globally on a day-to-day issues by evaluating problems and proposing and implementing resolutions. Scott developed tools and support processes to proactively eliminate revenue affecting concerns.

A key part of Scott’s role was to actively participate in design consulting, platform and framework development, capacity planning, business continuity and production support. He maintained services in production by measuring and monitoring availability, latency, and overall system health to help reduce issues. Scott oversaw teams in Chicago, New York, Belfast, London, and APAC to support CME’s trading and clearing applications and post trade processing in production environments. The teams were responsible for day-to-day operations, integration projects, legacy software migration, automation, troubleshooting, and project management, all with a strong emphasis on DevOps and Site Reliability Engineering.

Whilst at the CME Group Scott was responsible for the deployment of Diffusion. Scott commented:  “Given my experience across a number of technology vendors at CME Group I was most impressed with the breadth and depth of enterprise features that Diffusion provides. Diffusion solved problems out of the box that ensured we would deliver project dates while providing a modern and secure solution. I look forward to extending the presence of Diffusion across the Americas.”

Grethe Brown, CEO of DiffusionData, said: “I’m so pleased and excited that Scott has chosen to join us. His decision to join DiffusionData is a clear validation of our offering. He has extensive experience and knowledge of the technical nuances and challenges that exchanges and financial institutions face today and in the future. He has seen firsthand the impact that Diffusion can have in terms of saving money, enhancing personalisation and managing huge volumes of real-time market data. Scott is also well versed on the benefits of buy vs build. Scott will be a valuable asset for our customers to engage with and he will help us strengthen our market leading position globally.”

The CME Group operates financial derivatives exchanges including the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, and The Commodity Exchange. It is the world’s largest operator of financial derivatives exchanges.

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About DiffusionData

DiffusionData pioneered and leads the market in real-time, data streaming and messaging solutions that dramatically reduce infrastructure and network bandwidth requirements, allowing customers to expand their businesses.

Diffusion, the company’s Intelligent Data Framework, consumes raw data in any size, format, or velocity; enriches the data in-flight; and distributes the data in real-time – reliably and at massive scale with secure, fine-grained, role-based access control. Diffusion is purpose-built to simplify and speed data-driven, real-time application development, reduce operational costs, and economically deliver hyper-personalised data.

Leading brands, across industries including financial services, transportation, energy, retail, healthcare, eGaming, and IoT companies, use the Diffusion Intelligent Data Framework to drive customer engagement, fuel revenue growth, and streamline business operations.

Diffusion is available on-premise, in-the-cloud, or in hybrid configurations, to fit the specific business, regulatory, and infrastructure requirements of the event-driven applications operating in today’s everything connected world. Learn more at www.diffusiondata.com.

Exchange Data International Announces Strategic Alliance with Techsalerator on Public Market Data

London / New York// August 30, 2023 – Today, Exchange Data International (EDI), a prominent financial and economic data provider, is pleased to announce the addition of three key data offerings to the Techsalerator Data Marketplace: Global End of Day Pricing, Global Corporate Actions, and Global Security Reference data. Read the full press release here.