SpryWare expands Proximity Cloud offering

Source: SpryWare

SpryWare, a premier provider of ultra low latency feed handlers and direct market data technology, announced today that the company has significantly expanded their Proximity Cloud solution.

Proximity Cloud, SpryWare's traditional cloud based ticker plant offering, will now offer clients a range of value added products and services not previously available in a hosted environment.

The expansion includes access to full order book data, including up to 45 days of tick data on the full order book, along with a calculated top of book data offering. Also included in the expansion is the addition of complex order books from CBOE, ISE and PHLX.

"We can now offer clients not only a broader range of content services, but offer those services with all the benefits of a hosted environment," said Daniel May, co-founder of SpryWare, "Previously, access to this types of content could be burdensome for a firm, requiring considerable lead time and a complex network infrastructure. With the expansion of Proximity Cloud, clients can now have immediate access to these sophisticated features, without the headache and costs of implementing an infrastructure to support those services."

"The expansion of Proximity Cloud is key for our clients," said Paul Zinone, Vice President of Sales & Marketing, "The ease and low cost of accessing this data really levels the playing field, and now financial firms and trading shops of any size have the opportunity to access this data set without a significant infrastructure investment."

In recent months SpryWare has been taking aggressive steps to expand on its solutions to the trading and low latency industry. In addition to the proximity cloud product expansion, SpryWare recently teamed with Pico Technologies, Embium LLC, and EESAT, to offer an expanded product suite that offers clients more comprehensive, cost-effective market data solutions. 

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