Blue System employs Gresham Computing to deliver wireless market data

Source: Gresham Computing

Gresham Computing's Real-Time Secure Communications suite (RTSC) has been selected by Blue System Inc. (BSI), the City-based provider of direct access to the world's major equity, commodity and futures markets, to deliver BLUE mobile.

RTSC was chosen because it uniquely met all of Blue System's requirements including real-time streaming data to desktop and mobiles, instant messaging and voice over IP (VoIP).

BLUE mobile, BSI's state-of-the-art market data solution, will be deployed on Gresham's RTSC platform, delivering real-time financial market data and news to PDA's, Blackberry's and smart phones via GPRS and 3G networks.

Gresham RTSC delivers secure instant messaging that can be tightly integrated into core business applications. By bringing together the right people with the right information, within a structured and integrated communications environment, RTSC substantially increases the speed and ease with which businesses can execute collaborative business processes.

"We selected Gresham over the competition because they gave us greater confidence that we would get an end product that fully met our requirements and as a partner would be more attentive to our needs," said Sulim Malook, chief executive officer of Blue System Inc. "Gresham showed great flexibility and imagination in designing a solution for us and in the end, we felt that our two companies shared a similar vision in supporting the needs of the trading community."

Rob Glenn, sales & marketing director of Gresham Computing, said, "We are delighted to win this contract against the largest players in the market. It is testimony to the underlying strength of our technology; our ability to deliver real-time information and the respect we have earned from working with the financial community for nearly 40 years. The combination of our technology platform with Blue System's software creates a best-in-class solution that ultimately will enable Blue System to realise the market potential for desktop and mobile trading services."

BLUE mobile is a highly flexible, scalable and secure mobile solution encompassing client/server technology and providing a complete, end-to-end wireless financial solution. Clients and their customers can access historic and real-time data, on demand.

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