Heartbeat chosen by major US Investment Bank
« Back to main newsLondon, November 10th, 2004: Trading Systems Associates plc, specialists in providing solutions to complex financial markets technology problems, is pleased to announce that Heartbeat has been licensed by a major US investment bank, following some significant functionality enhancements.
Heartbeat is an enterprise software solution designed to provide users of market data distribution platforms with constant visual feedback assuring them of the integrity of market data delivery to their desktops. By installing Heartbeat on top of their market data distribution system, financial services organizations can ensure that traders are immediately alerted to quality of service issues resulting from data feed outages, server crashes or network faults. Heartbeat will detect many data integrity faults before existing monitoring tools or display applications are able to. Heartbeat has been designed to be minimally invasive and has a self-configuring installation process which leverages pre-existing market data application configuration information.
Heartbeat provides a clear color-coded visual indicator on each trader’s display indicating real time market data integrity. Usually colored green, the data integrity icon in the Windows system tray pulses periodically when data is up-to-date. When data feed, system or network problems occur, interrupting or delaying the flow of data, the icon turns first amber then red and pulses more insistently. For users who require greater visual impact, a resizable “always on top” traffic light display is also available. Traders are thus provided with a constant assurance of data integrity and an early warning of data delivery problems.
Heartbeat provides useful facilities for systems administrators and market data support staff, including graphical views of all data sources, and a significantly improved graphical version of the TIBCO command line Tib_consume utility.
Heartbeat was developed originally in 2000 in response to requests from TS-Associates’ customers, which include major financial services firms in UK , Europe and USA .
Henry Young, director of Product Strategy at TS-Associates said: “We are delighted to have had the opportunity to incorporate some timely market sensitive enhancements into the most mature product in our stable. Heartbeat provides a valuable and complementary service to users of market data distribution platforms.”
Heartbeat is available under a range of licensing options, and is backed by TS-Associates’ full professional services capability. An evaluation version of the software is available for download at the TS-Associates web site, www.ts-associates.com.
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.
TS-Associates can be contacted here.
