Caplin and TS-Associates partner to publish proprietary real-time market data over the web
« Back to main newsLondon, March 14th 2002: Trading Systems Associates plc, specialists in providing solutions to complex financial markets technology problems, and Caplin Systems Ltd, the leading provider of real-time web technology, today announced a partnership that will leverage each other's expertise for implementing real-time data solutions for financial institutions.
The partnership combines TS-Associates' core competence in TIBCO TIB and Reuters' Triarch trading room platforms with Caplin's RTTP®(Real Time Text Protocol) data distribution technologies.
Caplin's RTTP technology is used by leading financial institutions, including CME, Nasdaq, NYSE and UBS, to stream and aggregate real time data into a standard web browser. With over 30,000 end-users around the globe, RTTP is today's most widely used web standard for streaming market data. The deal with TS-Associates expands its ability to extract data by 'hooking into' a firm's TIB or Triarch platform. This will enable the institution to use its existing data infrastructure to publish data to a wider audience both internally and externally.
TS-Associates has a long history of working with TIB and Triarch solutions, ranging from the design and deployment at leading exchanges, major financial institution dealing floors and energy trading systems, to the development of market leading TIB/RV performance benchmarking and monitoring tools.
Paul Caplin, CEO of Caplin, says: "Financial institutions need to deliver professional real-time market data directly to the trading community, in an easy to access and easy to use format. Right now, the web-browser is the most common desktop tool and our proven RTTP web protocol is increasingly becoming the technology of choice for blue-chips banks and exchanges that want to exploit the real-time web. They multiply their trading opportunities and slash data distribution costs. We are delighted to work with TS-Associates, whose extraordinary expertise in technology integration for the financial market industry will facilitate the continued adoption of RTTP."
Henry Young, director of product strategy at TS-Associates, says: "We are very excited to be working more closely with Caplin, which has developed highly regarded technical solutions for publishing streaming real-time data via the Internet. We feel that our technology expertise greatly compliments that of Caplin's and will allow us to offer truly comprehensive content solutions throughout the financial institution. "
About Caplin Systems Ltd:
Founded in 1995, Caplin is the world's leading provider of real-time web technology. Its award winning RTTP® - Real Time Text Protocol - enables organisations to distribute streaming market data direct to end-users' browsers, providing all the functionality of a professional trading workstation without the need to download or install any software. Caplin's technology extracts, organises, manages and publishes real-time market data, and offers content providers all the tools they need to deliver live prices, research, news or commentary to end-users via standard web browsers. A wide range of high profile financial institutions including brokers, information providers, investment banks and exchanges use Caplin's data distribution technology to leverage the benefits of the web.
About TS-ASSOCIATES:
Trading Systems Associates 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. TS-Associates' approach is to deliver customer-centric solutions to well-defined, complex problems. TS-Associates consultants also provide technology mentoring to customer staff, enabling them to take over the on-going management of enhancements and support. Thus, TS-Associates' engagement process provides a unique alternative to the approach of mainstream IT consulting firms. As a result of its focused technology consulting and through its close partnership with customers, TS-Associates has developed the Enterprise Middleware Deployment (EMD) Toolkit - a suite of products supporting the implementation and operation of the leading EAI middleware platform - TIBCO ActiveEnterprise.
TS-Associates can be contacted here.
