| PlusFeed Feed Handler for RMDS |
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| Monday, 14 November 2005 18:24 |
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Trading Systems Associates plc, specialists in providing solutions to complex financial markets technology problems, is pleased to announce the general availability of the PlusFeed Feed Handler for RMDS.
The product has been in test with customers since May 2005. Based on proven technology currently in production with leading financial institutions worldwide, the product has a high degree of commonality with the mature PlusFeed TIB Feed Handler.
Previously known as XpressFeed, PlusFeed is the premier real time market data feed from ComStock, part of Interactive Data. PlusFeed covers in excess of 2.3 million instruments from over 350 sources and exchanges globally. Data available includes equities, derivatives, fixed income, foreign exchange, money markets, commodities, energy, funds and much more. Performance The PlusFeed Feed Handler for RMDS is a high performance, scalable product, capable of publishing more than one million instruments in real time, with aggregate throughput of up to 50,000 updates per second. Flexibility The PlusFeed Feed Handler for RMDS provides the flexibility required to map ComStock’s field content, data model and symbology to satisfy various customer requirements, re-use existing data models and even integrate with existing symbol naming conventions. This is an important capability that lessens customer migration costs and enables the service to be used effectively as either a primary service or a secondary service. Integration The PlusFeed Feed Handler for RMDS integrates with any RMDS system as a managed source connecting to the RMDS Market Data Hub (MDH), and is also integrated with the RMDS Data Access Control System (DACS). It works equally well with legacy systems such as TIB and Triarch at any stage of migration to RMDS, as it does with standard RMDS systems. The product uses the latest strategic Reuters API (RFA 5.1). Henry Young, director of Product Strategy at TS-Associates said: “With many financial markets participants reassessing their market data sourcing strategy, we think Interactive Data has excellent prospects to increase their market share for real time data provision. We are excited to be working with them to bring an exceptionally cost effective solution to the institutional market.” Mark Hepsworth, president of Interactive Data’s ComStock business, said: "We have made significant investment in upgrading our ticker plant infrastructure since becoming part of Interactive Data, enabling us to offer an effective alternative source of real time data feeds to institutional customers. This is reflected in the increasing number of institutional customers who are now using ComStock. TS-Associates is one of our key partners for integration solutions, particularly for customers wanting to take our data via RMDS." About TS-ASSOCIATES: Trading Systems Associates plc partners with leading financial markets participants to overcome the complex technology integration issues that relate to the deployment and management of middleware based financial markets applications. As a result of its focused technology consulting and through its close partnership with customers, TS-Associates has developed the Standards Integration Services (SIS) Toolkit – a suite of adapter components that enable the integration of streaming market data services. |
