19 January 2018
visit www.ebaday.com

Exegy reports bank contract win

17 January 2013  |  1114 views  |  0 Source: Exegy

Exegy wins new business for the low latency enterprise. A large bank with international operations has chosen Exegy to replace their existing market data distribution systems from an established technology vendor.

The bank's quantitative and algorithmic trading applications as well as their smart order routing applications now rely on the Exegy Enterprise System, which consists of Exegy Ticker Plant and Exegy Edge Cache devices, for their market data needs.

The Exegy Edge Cache greatly expands the market data distribution capacity of the hardware-accelerated Exegy Ticker Plant, extending Exegy's performance and cost reduction advantages throughout the enterprise.

"Clients are looking for cost savings as well as a more reliable system from a provider willing to support them with a managed service and new features that allow for easy migration of applications as well as integration with other providers," says Jeff Britt, Executive VP Sales for Exegy. "Providing a significant reduction in data center footprint along with faster market data seems to be a trend both with larger banks as well as hedge funds and exchanges". 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.ebaday.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11824 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
7252 views comments | 11 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
6877 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
6401 views 1 | 6 tweets | 2 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job