Radianz, the leading global provider of financial connectivity services, today announced that MarketXS, a provider of real-time market data technology and trading solutions in the Benelux region, has joined Radianz's global community of providers.
MarketXS delivers a high-availability outsourced market data and order routing infrastructure, the Finance Engine(tm), that powers a wide range of data display and trading services for financial institutions and their customers.
Through Radianz, MarketXS will make available its suite of Finance EngineTM products including its MarketXSProTM for Windows, which delivers analytics, real-time data and fundamental information from markets worldwide to the 10,000 financial services sites on the Radianz network. As the exclusive distributor of Telerate in Benelux, MarketXS will now deliver Telerate's premium OTC data over Radianz's shared market infrastructure platform.
"As we seek to expand our business throughout Europe, Radianz's platform, with its global reach and established community, is a great distribution tool and an additional connectivity option for our customers," said Marc Visser, Chief Operating Officer at MarketXS. "Our relationship with Radianz not only enables us to grow our business in a cost-effective manner, but also gives us instant access to a built-in customer base across the globe."
"The addition of MarketXS to our growing list of Providers is an ongoing trend in the acceptance of a shared infrastructure approach for the distribution of market data," said David Stopforth, Radianz regional sales director. "Moreover, as requirements for the dissemination of trading information become more stringent, particularly in Europe, the industry's need for a platform that facilitates the access to and distribution of vital market information will increase exponentially."