During the past 12 months, the company has doubled the number of its consulting engagements, with over 75 percent of Vhayu customers now choosing to select Vhayu Consulting Services to deliver their projects ahead of schedule and under budget.

"The strength of Vhayu's growing Consulting Services practice has enabled us to deliver over 20 successful client implementations in the past six months," said Jeff Hudson, CEO of Vhayu. "We pride ourselves on hiring financial industry experts with specific domain knowledge of market data pertaining to equities, fixed income, options, futures and FX. At Vhayu, we understand the intricacies of financial market data and realize each asset class has nuances in terms of mapping, analytic publishing, cross-referencing and feed adapter development that require specific industry expertise. Unlike other non-specialized vendors in the CEP/ESP space that are forced to outsource professional services to third parties because they do not possess the necessary in-house market data expertise, Vhayu's field consultants have proven experience providing services for the world's leading financial institutions. "

Vhayu Consulting Services enables customers to deploy projects faster while easily configuring their systems and quickly transferring knowledge. The proven services offering is available to all customers and partners that require data mapping expertise, feed handler development or any type of extended integration with proprietary or vendor provided systems. Vhayu Consulting Services engagements include initial requirement analysis, integration planning, installation, deployment, project management and training.

Through its redistribution agreement with Reuters, Vhayu Consulting Services provided services for the Reuters Tick Capture Engine for fixed income at BNP Paribas in early 2007. "By selecting Vhayu Consulting Services, we have been able to apply sophisticated modeling and analysis to value fixed income products, uncoverer trading opportunities and widen our adoption of electronic fixed income trading", commented Andrew Jacobs, Head of FI Client and Transversal Tools, BNP Paribas. Other recent examples of customer success with Vhayu Consulting Services include:

• Developing a TCA solution to capture and analyze order book data for a US broker who was ranked first in a recent survey conducted by Elkins/McSherry for top brokerages benchmarked against the NASDAQ arrival price
• Designing a compliance solution for a U.S. broker to incorporate tick data, end of day prices and corporate actions data
• Creating a custom VWAP and Post Trade Analytic engine for a top three global investment bank
• Devising a rolling futures price adjustment tool for a hedge fund with $11 billion in managed assets specializing in derivatives

In response to this business growth and to ensure continued customer success and dedicated customer support, Vhayu has hired five additional field consultants in New York and three field consultants in London during the past six months. Vhayu Consulting Services is also offered in Tokyo.