The growth of the London Stock Exchange's MillenniumIT software has outstripped the business as a whole in the last six months, with a 19% increase of sales of its trading software. The exchange acquired Sri Lanka-based software maker ...
Tags: London, software, exchange, trading platform
Simon Moorhead began his career as the Bank of England’s CIO with a baptism of fire, having started in November 2008 – just two months after Lehman Brothers collapsed and a year after Northern Rock was rescued by the government. ...
Tags: CIO, Computer Products, Simon Moorhead
Adding the COO role to the CIO job Maximising the performance of the trading platform Reducing development time Industrialising trading technology London Stock Exchange CIO Antoine Shagoury – who recently added COO to his job ...
Tags: Antoine Shagoury, Stock, London
The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months,despite continued tough market conditions. With customer demands changing,banks have to innovate around things like mobile ...
Tags: Financial Services, IT, bank, mobile banking, Barclays, RBS
When Andy Haywood says he is extremely busy, it is probably not an exaggeration. Eight months after joining the Co-operative Business Group (CBG) as group chief information officer (CIO), he is leading a full-scale IT transformation ...
Tags: Andy Haywood, Co-operative Business Group, chief information officer
Experian has announced an international partnership with iovation, the Device Reputation Authority, to further enhance Experian's global fraud prevention capabilities. Iovation's advanced device recognition software, dynamic referencing and ...
Tags: Experian, iovation, fraud prevention, software
An increase in the share price of software firm Sage this week has led to further speculation that the company is an imminent takeover target. Rumours about the likes of IBM and Microsoft circling the firm were rife all summer. ...
Dialight plc ("Dialight") announces that its US subsidiary, Dialight Corporation, has completed the acquisition of the assets of Airinet Inc ("Airinet"), a lighting controls company, for upfront consideration of $2.6m with additional sums ...
Tags: Dialight plc, LED, acquisition
Pan-Asian retailer Dairy Farm International Holdings has said it is trading ahead of last year, with growth recorded across the majority of its business. The company said sales and earnings increased in the period from 1 July to 6 ...
Tags: Dairy Farm, food trading, food industry, company news
A court has cleared the proposed management buy-out of UK snack maker Lees Foods. The takeover, first put forward in April, had been delayed after some investors argued the GBP5.6m (US$8.8m) bid the directors made for Lees under-valued ...
Tags: Lees Foods, snack maker, shareholder
The Metropolitan Police Service's IT director talks to Computer Weekly about the Olympian challenges facing IT transformation at the Met now the London 2012 Games are over. Steve Whatson(pictured),director of ICT for the Olympics and ...
Tags: Metropolitan Police, ICT, Steve Whatson, cloud-based
Canada has become the latest country to approve the use of stevia in food and beverages. Health Canada said on Friday (30 November) it has authorised the use of the sugar substitute as a food additive for products. Previously it was only ...
Tags: stevia, food, beverages, food additive, sweetener
Fairfax Financial Holdings has entered into an agreement with UK’s Thomas Cook (TC) Group to acquire 77% interest in Thomas Cook (India) for Rs50 per share totalling to nearly Rs8.17bn ($150m). Subject to customary conditions, the ...
Tags: Fairfax Financial Holdings, Thomas Cook, interest, India
Imagination Technologies risks being gazumped in its$60m(£37.6m)bid to acquire microprocessor designer MIPS Technologies after the board of MIPS opened talks with rival CEVA. The news follows a significantly ...
Research commissioned by the Bank of England for the Foresight project on high-frequency trading shows no correlation between high-frequency trading(HFT)and increased market abuse. According to a Finextra report,research using five years ...
Tags: high-frequency trading, market manipulation, Finextra report, CMCRC