ITRS Group and Datacom Systems today announced their partnership to launch TradeView, a breakthrough real time monitoring solution of market data feeds.
This joint proposition provides an exciting new approach to the monitoring of critical trading infrastructure, rendering traditional server-based technology obsolete.
TradeView combines ITRS' market leading Geneos software with Datacom's advanced hardware to provide a high performance, low cost solution with a high capacity and small footprint - a single device can handle 3 times more traffic than the entire US equities and options markets combined (up to 60 million messages per second).
TradeView is a unique market offering built from a different viewpoint, moving it ahead of traditional server-based solutions that are generally restrictive and difficult to deploy on a large scale. Specifically developed for large-scale deployments, this nimble solution is ideally suited to investment banks, hedge funds and network providers who operate in a distributed environment and need to monitor data feeds at multiple locations, cost-effectively. With the added advantage of being easily configurable, it enables users to tailor the data available to them so that it accurately meets their requirements.
Businesses now rely heavily on technology with a large percent of their activity taking place electronically. It is vital that they use the appropriate monitoring tools to provide them with a clear view of their business operations at any given time. Monitoring and analysis can help businesses to streamline their operations and run more efficiently, which in turn, helps them to respond quicker to the constantly changing market.
Kevin Covington, CEO of ITRS Group said "we are excited about the opportunity this partnership presents. TradeView responds to where the market is heading, as companies with complicated, distributed environments look to streamline their technology and reduce costs".
"Our partnership with ITRS is a good fit" said Kevin Formby, Datacom Systems' CEO, "as it enables us to provide an advanced market offering that uses uses superior hardware and software components, helping to set TradeView apart from the competition".