Abel/Noser selects TAPMaster platform for corporate data management

Abel/Noser selects TAPMaster platform for corporate data management

Wall Street brokerage Abel/Noser Corporation is installing Tap Solutions' data management platform, TAPMaster, to support its securities-based services and its new fixed income business.

The broker will use the technology to streamline the acquisition and deployment of corporate data.

TapMaster identifies, verifies and distributes both securities and fixed income data. The product gathers and represents data in a standard format into a single repository. The data can be accessed using standard protocols -including SQL, ODBC/JDBC and Web services - and delivered to applications used in business analytics and transactions, ranging from the trading floor through to settlement.

James Noser, vice president, Abel/Noser, says: "TAPMaster is the only product on the market that can support our long-standing securities-based services, and our new fixed income business unit that includes time and sales data, as well as analysis and audit capabilities."

Under the contract TAP will provide Abel/Noser with implementation services including the installation, testing, and roll out of TAPMaster, as well as integration of Moneyline Telerate and Trace fixed income data feeds.

The project began in January and is scheduled for installation later this month.

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