Exegy, the market data appliance company, today announced a feed handler for Bloomberg's B-Pipe, a consolidated market data feed.
The new feed handler for the Exegy appliance consolidates market feeds from exchanges, brokers and contributors so customers can manage market data flow efficiently and at a lower total cost.
As the pace of electronic trading has accelerated, exchanges and companies have had to process an ever increasing volume of data in a shorter time span. To handle the surge in high-speed traffic, applications such as Exegy's Ticker Plant appliance are needed to process and parse data efficiently for distribution to enterprise systems or exchange platforms. Exegy's appliance aggregates data from various sources, including Bloomberg's B-Pipe, and rapidly feeds this data into enterprise applications used for risk analysis, trading and pricing models.
Scott Parsons, Chief Technology Officer at Exegy said, "Bloomberg is the global market leader for data and analytics so our integrated product promises to be an extremely powerful tool for the institutional investor community. Combining high quality market data from Bloomberg with ultra-low latency data from direct feeds using the Exegy Ticker Plant, customers can reduce the cost of transporting exchange feeds," Parsons added.
"Bloomberg is committed to keeping our systems open, accessible and compatible with independent market data platforms," said Mark Pesonen, Global Head of Bloomberg's Enterprise Products and Solutions (EPS) group. Bloomberg's B-Pipe has the capacity and
reach to connect to more than 250 exchanges and thousands of data sources around the world. Exegy's feed handler will bring Bloomberg's premier market data feed to a wider audience."
"By combining ultra-low latency data from direct feeds with trusted data from Bloomberg's B-Pipe, customers can stay on top of the fast-paced global marketplace, " added Scott Parsons. "By opening its market data platform to Exegy, customers can now realize the cost benefit of aggregating data feeds from disparate global sources."