MDX Technology Ltd., a provider of real-time market data connectivity solutions, and Exegy Inc., a provider of ultra-high performance hardware-accelerated market data appliances, have today announced a strategic partnership in response to customer demand to deliver Exegy's market data via MDX Technology's MDXT Connect into Microsoft Excel.
MDXT Connect is a high-performance Excel plug-in allowing the user to source real-time normalized market data, including both top-of-book and depth-of-book views of the market, from a range of platforms.
"We are excited about leveraging Exegy's Total Cost of Ownership (TCO) advantages to provide an even more compelling value proposition for our customers. We have been encouraged by Banks and Hedge Funds using Exegy data in their algorithmic and systematic trading strategies who also want to take advantage of this valuable data at the desktop, including in Microsoft Excel, typically their modeling and rapid application development tool of choice" said Paul Watmough, CEO at MDX Technology.
Exegy is a premier provider of high-performance, hardware-accelerated market data appliances backed by a fully managed service. Exegy has aggressively expanded the scope of its market data systems to address the full breadth of needs within the market data enterprise, emphasizing the TCO advantages its technology and service provides relative to incumbent providers.
"MDX Technology is a welcomed addition to our rapidly expanding eco-system of integration partners," says Scott Parsons, CTO at Exegy. "By enabling rapid development of new data visualization and analysis applications, MDXT Connect allows users to quickly leverage the full breadth of features provided by Exegy market data systems and expands the reach of those systems throughout the enterprise."