Nordea Markets chooses Caplin Liberator Web streaming server

Source: Caplin Systems

Caplin Systems, e-distribution specialist and market leader in single-dealer platform (SDP) technology, today announced that Nordea Markets has selected Caplin Liberator, Caplin's web streaming server, to deliver trade messages and market data to its new single-dealer platform offering.

Nordea Markets is among the leading Nordic liquidity providers, offering services across multiple asset classes.

Nordea will use Caplin Liberator to deliver real-time trade messages and market data to and from subscribers over its capital markets e-distribution channel, tunnelling automatically through proxy servers and firewalls.

"At Nordea we create superior value for our customers and long term customer relationships. One aspect of this is a state of the art SDP with a reliable, efficient real-time technology delivery infrastructure," says Lars Elmegaard-Fessel, Head of e-Trading Channels at Nordea. "Caplin's technology has provided us with a complete connectivity and subscription management system for streaming our market data."

"As the result of many years of intensive development and optimisation, Caplin Liberator has become widely acknowledged as the leading e-distribution solution," says Mark Tannetta, VP Sales (EMEA) at Caplin. "As a business application capable of supporting hundreds of thousands of users in real-time, Liberator will help Nordea to scale to meet all its foreseeable future requirements and ensure its front-end workflows facilitate a perfect trading experience for its users."

Caplin Liberator was first developed in 2000 and since then has been used in over 30 large single-dealer platform deployments including Citi, UniCredit, Crédit Agricole CIB, Nomura, RBS and Standard Bank. Handling thousands of concurrent users, a single Liberator can deliver hundreds of thousands of updates per second, and is specially designed to minimise message latency - a crucial factor for any trading application.

"We're delighted to be working with one of the biggest banks in Scandinavia and are pleased that it is using Liberator to support its dedicated e-distribution channel," says John Ashworth, Caplin Chief Operating Officer. "We've enjoyed great success in Scandinavia and look forward to collaborating with Nordea to help it maximise growth via its e-distribution channel." 

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