Royal Bank of Scotland (RBS) has implemented Mighter Gissing's RealtimeXL software which enables users to contribute and retrieve real time market data within Microsoft Excel.
Mighter Gissing says the RealtimeXL add-in allows users to subscribe to data and publish prices to market faster.
The software contains a price recalclulation feature so that when a price is updated, only the cell in which that price is held is refreshed, not the whole spreadsheet as is the case with most other add-ins.
The vendor claims this feature enables users to achieve a more than 300% performance improvement in terms of real-time data retrieval and, at the same time significantly lower processor and memory usage.
Fiachra O'Riain, senior technical market data analyst, RBS, comments: "As soon as we took RealtimeXL on an evaluation basis we could see that it would benefit us significantly.
"It enabled us to greatly increase the speed of both our contribution and retrieval via Excel, along with a vast reduction in processor usage."