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I know we are a little late to recognising this – but we believe it is important. The New Zealand Stock Exchange ($NZX.NZ) have added technology entrepreneur Rod Drury to their board. Rod is the CEO and founder of on-line accounting provider Xero ($XRO.NZ).

For a small market like New Zealand – technology is going to be very important moving forward. To compete NZX needs to find ways to use data and information better.  Adding Rod to the strategic discussions around the NZX board table is a major step in the right direction.

A good challenge for Rod and a smart move for NZX.

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Umair Haque is an on-line strategist – we are big fans of his work. His latest column on the Harvard Business Blog focuses on finance. It is written as a letter to Google ($GOOG). In it he asks if they can build a better global financial architecture. It is his usual great stuff. At the end of the piece he lists three examples of companies on the “leading edge of a revolution“. One of the three examples that he uses is Valuecruncher.

Tracked, ValueCruncher, StockTwits, and many more are the leading edge of a revolution — a revolution in what finance has been for the last several centuries, and what it must become in the 21st.

That is really cool.

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