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ORGANIZATION AND STRATEGY

Wall Street Source Sues Thomson Reuters

New York-based news aggregator Wall Street Source has filed a lawsuit against Thomson Reuters, claiming that the former Thomson Financial breached its fiduciary duty as a stakeholder in WSS by poaching crucial staff and copying the vendor's products. ... READ MORE: Wall Street Source Sues Thomson Reuters

ORGANIZATION AND STRATEGY

KTS to Exit Data Vendor Business

UK-based data and technology vendor Knowledge Technology Solutions is negotiating a sale of its MarketTerminal data display terminal subscriber base in order to focus operations on selling its underlying data platform technologies and related services, officials say. ... READ MORE: KTS to Exit Data Vendor Business

DELIVERY TECHNOLOGIES

West Highland Launches Status Monitoring for Wombat

West Highland Support Services, a New York-based provider of remote systems support and monitoring for financial institutions' market data platform installations, is rolling out a new tool to its engineers and clients, in response to increasing demand for the ability to monitor low-latency data systems in addition to traditional data platforms, officials say. ... READ MORE: West Highland Launches Status Monitoring for Wombat

Opening Cross

Max Bowie, editor, Inside Market Data
by Max Bowie, Editor

A Case of Déjà Vu for Thomson Reuters


Thomson Reuters hit the mainstream news again this week amid fears that the vendor plans to lay off thousands of staff as a cost cutting measure following last month's merger. If we rewind-or perhaps "Fast Forward"-a few years, haven't we seen this before? Likewise, I found myself asking the same question when I learned about Wall Street Source's lawsuit against the vendor, claiming that over recent years, Thomson took a stake in the company and then copied its products. Again, haven't we heard this before somewhere? ... READ MORE: A Case of Déjà Vu for Thomson Reuters

For Better or Worse... Consolidation's a Bitch


Anyone who's moved in with roommates knows the pros and ... READ MORE: For Better or Worse... Consolidation's a Bitch

InfoDyne Sale Reflects Need for Speed, Volumes


One of the themes of last week's North American Financial ... READ MORE: InfoDyne Sale Reflects Need for Speed, Volumes

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