24 October 2017
visit www.avoka.com

Moneyline extends Hyperfeed contract

10 February 2004  |  2076 views  |  0

HyperFeed Technologies, Inc. (Nasdaq: HYPR), a provider of ticker plant technology, software and managed services to the financial industry, today announced an expansion of its July 10, 2003 agreement with Moneyline Telerate to include further ticker plant enhancements.

Moneyline Telerate, under the new agreement, will make an additional commitment of over $1 million to HyperFeed over the next several quarters.

This new agreement is an addition to Moneyline Telerate's multi-year contract to license and deploy HyperFeed's MEPS and H!BOX ticker plant technologies globally. Under the expanded contract, Moneyline Telerate will extend its use of HyperFeed's MEPS and H!BOX products within Crucible, Moneyline Telerate's high performance in-house ticker plant.

Steve Schiff, Moneyline Telerate's Senior Vice President of Ticker Plant Development said, "As part of Moneyline Telerate's continuing migration plan, we have been able to successfully implement HyperFeed's MEPS and H!BOX products and services to augment our own global ticker plant, Crucible, and as the distribution technology for our own data, for the last several months. HyperFeed has met integration milestones, built powerful demos and test models, and worked intimately with our team to successfully and quickly complete the installation of its MEPS and H!BOX offerings. At the same time, the performance, scalability and industrial strength of HyperFeed's technology speaks for itself, and we are very pleased to be able to move forward with HyperFeed as our partner."

Paul Pluschkell, HyperFeed's President and CEO commented, "This significant contract extension with Moneyline Telerate is the result of two teams working closely and successfully together to implement performance-enhancing technology and software. We hope to model our future customer relationships after this partnership with Moneyline Telerate."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20394 views comments | 31 tweets | 44 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15494 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11133 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9247 views comments | 15 tweets | 29 linkedin

Featured job

Find your next job