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SR Labs launches hosted version of feed handler

19 October 2009  |  1030 views  |  0 Source: SR Labs

SR Labs, a leading provider of low latency market data feed handlers specialized for the high frequency trading environment, today announced the launch of a hosted version of its ultra-low latency, multi-asset class feed handler for all major markets in North America, Europe and Asia.

SR Labs has selected Options IT, a pioneer of the global Infrastructure-as-a-Service (IaaS) technology management model, to provide the market data and technology infrastructure to power the new offering within its Options PIPE® platform. Hosting within Options PIPE enables SR Labs to offer clients a high-performance global feed handler that is fully redundant and quickly deployed in a cost efficient manner.

The hosted feed-handler will provide high-frequency trading shops with a market data solution designed specifically to integrate market data into high-performance trading applications and optimized for models deployed in exchange colocation facilities.

"High frequency trading is increasingly being adopted by trading desks large and small, and the appetite for new and better technologies is at an all time high," said Srinivasan Ramiah, CEO of SR Labs. "Our new hosted offering provides high-frequency traders a one-stop solution for a fully managed, ultra-low latency market data offering, thus giving our clients a competitive edge by reducing costs and accelerating entry to market."

Nigel Kneafsey, CEO of Options IT, added: "We're delighted to have been selected as the technology environment to power the hosted version of SR Labs' high-performance feed-handler. This new hosted solution is an example of the significant efficiencies provided by our Infrastructure-as-a-Service technology management model across a broad spectrum of financial software providers."

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