The new customers have licensed Vhayu Velocity™ either directly from the company or as the Reuters Tick Capture Engine, powered by Vhayu Velocity which Reuters resells under a non-exclusive license. New clients such as ABN Amro, Royal Bank of Scotland (RBS), TIAA-CREF and Investment Technology Group (ITG), join a rapidly growing list of Vhayu clients including HSBC, BNP Paribas, RBC Capital Markets, Nomura Securities, and Bank of America among others. These customers have bought one or more of the following: Vhayu Velocity for Equities, Fixed Income, Options, or Order Book Analyzer.



The associated growth in revenue reflects the massive increase in market data volumes and customer requirements for systems capable of supporting this surge in data, which is expected to continue well into 2009 and beyond.



Jeff Hudson, CEO of Vhayu, said, "The need for our customers to stay competitive with low latency systems that can handle large data volumes continues to propel our growth. Velocity is now used by 8 of the top 10 global financial institutions for the capture, analysis and storage of rapidly rising volumes of market data across multiple asset classes. Vhayu was founded specifically to meet the unique challenges of financial market data. Many of our competitors provide general purpose systems that they then try to adapt to the unique needs of financial market data. Additionally, they either deal with only real-time events or historical data."



Hudson continued, "The Vhayu architecture seamlessly integrates both real-time event processing with storage and analysis on a single complex event processing platform. We have customers that are processing over 200,000 ticks per second, simultaneously serving thousands of queries on the incoming stream coupled with historical analysis. We also have built in extensive market data awareness in Velocity allowing our customers to concentrate on discovering alpha, trading, evaluating risk and fulfilling compliaance requirements. We are uniquely able to accomplish this because financial services is our only business."



Additional milestones for Vhayu in 2007 included:

The launch of Velocity for Fixed Income which is driving the adoption of electronic fixed income trading by combining real-time and historical prices, quotes and reference data in a single platform;
A new version of Velocity Order Book Analyzer 2.0 added customized virtual order book creation to its existing capability to capture, analyze and store every bid/offer across all markets to comply with Regulation NMS and MiFID regulations;
The expansion of Vhayu's Consulting Services Group to help clients with initial requirement analysis, integration planning, installation, deployment, project management and training;
The win, for the second year running, of Financial-i magazines "Most Innovative Market Data Analysis Solution".


Vhayu will be exhibiting and speaking on Wednesday 30th January at Finexpo 2008 - City Technology Strategies, a technology conference and exhibition for business decision-makers and IT professionals from capital markets institutions and investment banks.



We welcome you to attend CEO Jeff Hudson's session at 2pm entitled "Too much data! Effective technology to keep pace with rising volumes." This session examines how firms are adopting new technology solutions to analyse and capture real-time and historical ticks to create enhanced trading strategies.



Vhayu will be exhibiting at stand number 17.