Telekurs Financial and Soliton deliver fixed income data module

Source: Telekurs Financial

The TimeSquare VDF module became available for equities instruments at the end of 2003. Following extensive testing and workflow modelling of the feed into TimeSquare, a complete data model is now available for fixed income instruments as well.

The Telekurs Valordata Feed (VDF) is a highly codified and structured feed providing high quality financial information for static and reference data, corporate actions and valuation pricing on over two million instruments.

TimeSquare, Soliton's flagship product, is used by financial institutions to automate the processes surrounding the integration and management of reference data. Unlike other reference data solutions, TimeSquare processes each data source independently. This approach is key in developing straightforward solutions to managing market data."

Beat Koch, CEO Telekurs (U.K) Ltd. said, "The TimeSquare workflows allow customers to quickly integrate new feeds into their existing applications. Because Valordata Feed is so comprehensive, it provides a strong basis for fully managing market data within an organisation, enabling customers to reduce the implementation time, cost and risk involved in manual processing."

"We are delighted that we have now developed complete off-the-shelf VDF data models for both equities and fixed income, which are ready to roll out, giving customers instant return on investment," observed Carole Mahoney, Director of UK Sales for Soliton. "Because we have enriched the model through normalisation and cross referencing, this new module enables our customers to integrate VDF into a new or existing reference database and be operational in less than three weeks."

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