Telekurs puts North American ticker plant online
21 January 2004 | 2899 views | 0
Telekurs (USA) Inc., a leading provider of real-time equity pricing information and fundamental data on securities from over 200 exchanges, today announced the completion of a major enhancement to its internal data distribution systems through the use of InfoDyne's TPS+Plus ticker plant technology.
InfoDyne Corporation, based in Chicago, is a leading provider of direct exchange feed ticker plant systems, trade/ordering routing solutions, and enterprise middleware.
The new ticker plant benefits Telekurs' customers in the Americas by streamlining distribution of real-time data sourced directly from the local market sources. The addition of this local ticker plant serving the local markets means that American data previously sent overseas for processing is now processed and distributed locally, ensuring the most timely possible delivery of real time prices from all the world's markets. In addition, implementation of InfoDyne's scalable architecture ensures Telekurs' readiness to accommodate expected increases in message volumes.
"Completion of this joint project is an important milestone in our strategic technology plans and allows us to continue providing our clients with solutions that represent best of breed services. The InfoDyne technology has added several dimensions to our system capabilities and provides the flexibility we 0need to expand," said Atul Kapoor, Chief Technology Officer of Telekurs (USA).
"Our partnership with InfoDyne not only enables us to stay ahead of volumes, but also paves the way for our customers to tailor custom combinations of direct exchange feeds for mission-critical applications and markets with the richness of Telekurs' global market data coverage," added Kapoor.
The Telekurs North American ticker plant now employs InfoDyne's TPS+Plus ticker plant technology to directly process North and South American exchange feeds and seamlessly blend fundamental data and international content fed from the company's central global ticker, which is based in Zurich, Switzerland. The firms worked closely together to integrate data from the Telekurs proprietary data collection system within the TPS+Plus architecture and publish the consolidated output in Telekurs popular MDFstream format. This collaboration allowed them to create a robust, customized solution that reduces latency and provides a scalable solution that can accommodate projected increases in content and message rates.
"InfoDyne appreciates the opportunity to work in partnership with Telekurs to deploy this next generation ticker plant technology. The collaborative effort has enabled both teams to stay focused and meet critical project milestones. We look forward to continuing to work with Telekurs to meet future system requirements and accommodate ever more demanding industry needs," said Falke Bruinsma, Senior Vice President of Development for InfoDyne.