18 February 2018
visit www.ebaday.com

Exegy unveils data entitlement and usage reporting hub

03 August 2015  |  2631 views  |  0 Source: Exegy Inc

Exegy Inc., a leading provider of managed services and technology for market data normalization and distribution, has announced today a new product that allows Exegy hardware-accelerated appliances to interoperate with multiple third-party data entitlement and usage reporting tools such as Thomson Reuters DACS.

 “Market participants employ our hardware-accelerated appliances and managed services in order to build a market data infrastructure with higher capacity, lower latency, more efficient scalability, and lower total cost. The Exegy Entitlement Hub now allows these firms to retain their data entitlement and usage reporting regime to minimize migration risk, effort, and cost,” says chief technology officer David Taylor.

Deployed as a fully managed appliance, the Exegy Entitlement Hub allows multiple Exegy hardware-accelerated market data appliances to simultaneously interface to multiple third-party entitlement management systems. This minimizes data usage fees and access liabilities by allowing firms to entitle, track, and report data usage to multiple data vendors using well-vetted tools and reports. When Exegy Entitlement Hub appliances are deployed for each regional entitlement system, the integrated solution allows entitlements to be controlled and monitored by region, by department, by group or by application. This level of flexibility provides for centralized management of global data entitlements across co-location, proximity, and corporate data centers. In turn, this allows firms to enforce a consistent data management and reporting regime which lowers risk and increases effectiveness in managing costs.

The Exegy Entitlement Hub has been developed in close partnership with existing Exegy customers. An extensive pilot program was completed with a major sell-side bank in the first quarter of 2015. Exegy is now preparing production deployments of Entitlement Hub appliances for sell-side and buy-side firms with deployments of Exegy hardware-accelerated appliances in North America, Europe, and Asia Pacific. “The Exegy Entitlement Hub is a logical extension of our rapid growth in supporting diverse, global, multi-asset market data enterprises,” says chief executive officer James O’Donnell. “It is also a reflection of our commitment to be an effective partner in improving performance and reducing total costs, while also minimizing migration risk and effort,” adds O’Donnell.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit www.vasco.comvisit www.nextgenbanking.co.uk

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10761 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8427 views comments | 15 tweets | 42 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8148 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7875 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job