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Exegy opens UK subsidiary

16 May 2007  |  1311 views  |  0 Source: Exegy

Exegy, the innovative technology company, announced today that has it has incorporated a wholly owned UK subsidiary.

"Our financial customers are concentrated in New York and London," said Jim O'Donnell, Exegy Chairman & CEO. "So it makes sense to have a corporate presence on both sides of the Atlantic."

The London subsidiary also demonstrates Exegy's commitment to expanding its Data Acquisition Engineering team, which is building out European feed handlers to meet the needs of its Exegy Ticker Plant clients.

Exegy's first European client has successfully completed testing and is in full production, experiencing the initial and significant competitive advantages of its two-year lease of the Exegy Ticker Plant.

"The Exegy Ticker Plant is the best solution to latency-sensitive electronic traders, whether they are in Europe or the USA," said O'Donnell.

The Exegy Ticker Plant can process every message from every feed, every quote and every trade from every market in the world - in one box - at speeds never seen before. And its speed and power are immune to market increases.

The Exegy Ticker Plant delivers a competitive advantage through a simple package. Offered through a monthly lease, the Exegy Ticker Plant package includes Exegy's remote managed service and all maintenance and upgrades of the installation (hardware, firmware, feed handlers and software) so that the client is continually operating Exegy's best product throughout the term of the lease.
The Exegy Ticker Plant delivers
  • Power - processing more than 1 million exchange messages per second
  • Speed - averaging less than 150 microseconds end-to-end latency per message
  • Flexibility - Customizing numerous derived fields without impacting performance
  • Convenience - Operating from a single 19-inch, rack-mountable 3U appliance

"Exegy Ticker Plant is able to provide record-breaking throughput and latency - even while adding complex functionality - because it's built on a revolutionary, new compute platform based on reconfigurable hardware, not traditional ticker plant software," said Scott Parsons, Exegy's Chief Scientist. Parsons was with Reuters and Bridge Information Systems for more than 20 years before joining Exegy's management team in 2005.

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