23 February 2018
visit www.ebaday.com

Caplin guns for Reuters with low-cost market data platform

29 January 2003  |  7097 views  |  0 Canary Wharf

Caplin Systems has launched an ultra-thin client market data platform, Mongoose, pitched as a lightweight, low cost alternative to Reuters' Kobra system. The package is currently being piloted at eight firms, from mid-size brokers to tier one investment banks in both the US and Europe.

Unveiled publicly for the first time at the Finexpo City Technology Strategies show in London today, Mongoose offers complete Reuters RTW-style functionality, plus embedded fundamentals, charting, media and Web browsing. The entire display appears in a standard browser and can be viewed on any PC anywhere.

Paul Caplin, CEO of Caplin describes Mongoose as a "breakthrough solution" for market data distribution. "Mongoose is entirely built on Web-based technology, and supplies the same reliability and depth of functionality as traditional market data networks, but at substantially lower cost and with far greater flexibility," he says.

Built on Caplin's Liberator platform, Mongoose emulates and extends the traditional Reuters front end. It accepts standard RIC codes and renders all Reuters 3000 series display templates. Mongoose also offers full Excel support including copy-and-paste functions, and is backwards compatible with spreadsheets built for Reuters DDE.

John Lee, formerly SVP for Reuters US sales, and now executive vice president for US sales at Caplin says: "Reuters has announced the withdrawal of its RTW and MarketSheet applications in order to push Kobra and has also stated that its RDMS platform is the strategic replacement for Triarch and TIB. At a time when budgets are seriously stretched, it seemed the least we could do was to offer the market an affordable lightweight alternative to these 'upgrades'."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Reuters to deliver Deutsche Bank's autobahn

Reuters to deliver Deutsche Bank's autobahn

27 January 2003  |  6307 views  |  0 comments
Mighter Gissing to showcase Electra bond trading gateway at Finexpo

Mighter Gissing to showcase Electra bond trading gateway at Finexpo

24 January 2003  |  3951 views  |  0 comments
Finexpo heads for sell out

Finexpo heads for sell out

22 January 2003  |  4781 views  |  0 comments
Caplin to unleash Mongoose at Finexpo conference

Caplin to unleash Mongoose at Finexpo conference

14 January 2003  |  4228 views  |  0 comments
Integral offers AVT/Reuters merger alternative

Integral offers AVT/Reuters merger alternative

10 December 2002  |  4038 views  |  0 comments
KAS Bank contracts for Reuters' Kondor+ and RTP

KAS Bank contracts for Reuters' Kondor+ and RTP

09 December 2002  |  5000 views  |  0 comments
Reuters to acquire AVT Technologies

Reuters to acquire AVT Technologies

02 December 2002  |  7904 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register for the webinarVisit http://info.nice.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11124 views comments | 14 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10143 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8010 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7649 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7418 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job