20 May 2018
Visit www.fingerprints.com

Activ and Derivix team on data and analytics

11 November 2008  |  1717 views  |  0 Source: Activ Financial

As the Volatility Index (VIX) continues to soar to previously unseen levels, high-performance trading solutions are more critical than ever to handle today's extreme trading environment.

Knowing this, Activ Financial, a leading global provider of fully managed low-latency market data solutions, and Derivix, a financial services software company that provides options pricing, risk visualization and analytics solutions, today announced an integrated solution that enables the real-time data and analytics that are crucial to maintaining competitive advantage in these volatile markets.

This relationship provides customers with a single platform that combines best-of-breed technologies and high-quality content into a unified framework. Using ACTIV's market data infrastructure behind-the-scenes, Derivix can now provide a streamlined solution for more effective real-time analysis of critical market data. Together, ACTIV and Derivix enable and simplify options trading for hedge funds, proprietary traders, sales desks and more.

As options market data volumes continue to soar to previously unseen levels, increasingly turbulent market conditions stipulate that organizations armed with the best data -- and the most efficient methods of analyzing this data -- are those that will emerge as the winners. Real-time options pricing and analytics can only be as fast and accurate as the underlying data. For this reason, modern market data technologies are more critical than ever for handling and evaluating changing market dynamics.

"By integrating ACTIV's market data infrastructure into Derivix's platform, we can provide the fast and accurate options data, risk visualization and analytics traders need in a single solution," said Michael Barrett Stern, chief strategy officer and co-founder of Derivix. "ACTIV's highly reliable and scalable low-latency infrastructure is the perfect choice to power our real-time analytics. This combination is exactly what traders need to stay ahead amidst these challenging and explosive markets."

Combining ActivFeed Direct, ACTIV's direct feed ticker plant that consolidates tick-by-tick market data updates as an on-site or hosted service, with Derivix's high-performance options analytics provides customers with a clear, real-time visualization of prices and risk in the options marketplace.

"Clearly the options market continues to be one of the most dynamic and volatile industries in the financial landscape," said Frank Piasecki, president and co-founder of ACTIV Financial. "As the market data vendor of record for all the floor-based and electronic options exchanges located in Chicago, New York and Philadelphia, our experience and expertise are unparalleled in the industry. No other market data provider is as prevalent across all aspects of trading, from options and futures to global equities and beyond."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Ripple moves to build ecosystem around XRPRipple moves to build ecosystem around XRP
9531 views comments | 5 tweets | 7 linkedin
IT implications and the need to pivotIT implications and the need to pivot
9209 views comments | 2 linkedin
HSBC claims blockchain breakthrough for trade financeHSBC claims blockchain breakthrough for tr...
9209 views comments | 14 tweets | 16 linkedin
Irish bank caught in social media spying stormIrish bank caught in social media spying s...
8013 views comments | 25 tweets | 16 linkedin
Former JPMorgan blockchain leads unveil new startupFormer JPMorgan blockchain leads unveil ne...
7156 views comments | 2 tweets | 2 linkedin

Featured job

Basic c Euro 120K, Variable Euro 120K - full ben...
Paris prefered London possible

Find your next job