BGC is using ConteX MCS to provide a centralised output for contributions across various business areas including both swaps and derivatives. Prices are routed from BGC's offices around the world to its market data platform in London. The information then goes to the ConteX MCS input handler and is routed to the output handler, which sends the prices to Bloomberg and also internally to the company. As BGC's contributions business grows, ConteX MCS can expand to support multiple feeds to Bloomberg and to other providers such as Reuters.

Philip Norton, Head of e-Commerce at BGC Partners said, "BGC Partners is committed to expanding its operations in Europe, Asia and the US whilst also making continued efforts to enter into new markets. It is imperative that we utilise the right technology to support this continued growth. Gissing's ConteX MCS meets our business and technology requirements - including speed to market and rapid deployment to new users. It is a resilient and proven system and through its utilisation BGC will significantly increase the speed and volume of our contributions."

ConteX MCS is continuously monitored and, in the unlikely event of a failure, is automatically restarted with no effect on the delivery of contributions. The hardware platform is also duplicated with "hot standby". In this configuration, two servers run identical information in real-time, with immediate switch over to ensure the continuity of contributions.

Richard Gissing, CTO, Gissing Software said: "Data contribution volumes are increasing and we will see this trend continue. Systems need to cope with heavy throughput, offer increased connections and full control of the contribution process. Banks and brokers want their systems up and running straight away to take advantage of changing market conditions. ConteX MCS can be installed quickly in most companies, due to the extensive handler library and is easily integrated with existing systems. A core strength of ConteX MCS is its ability to scale to meet the demands of increased volumes and multiple feeds to one or more vendors."