Bloomberg Entity Exchange is closing up shop soon, but there are plenty of players out there. Bloomberg confirmed in early April that it plans to shut down Entity Exchange, a know-your-customer (KYC) solution that was supported by Citibank and adopted by...
With data being said to be akin to the “new oil” and one of the world’s most valuable resources, could a challenger and disruptive data provider be poised to upset the apple cart and an industry worth around $2 billion...
Staff trying to keep banks on the right side of regulators are in high demand COMPLIANCE OFFICERS are the killjoys of finance. To bankers and traders keen to let rip, they are the po-faced types who, while generating no revenue themselves,...
Last summer, a corporate jet owned by Encana Corp. embarked on a strange pattern of flights. Over the course of a couple of months, the Calgary company’s aircraft was tracked landing close to oil fields in Oklahoma, Utah and Montana. Encana...
Sources say that this will allow the information giant to focus on more valuable business lines. Bloomberg is intending to exit two key lines of business in the coming months: its Sell-Side Execution and Order Management Solutions (SSEOMS) unit and its...