Fidessa group plc (LSE: FDSA) today announced that it has integrated Hanweck Associate’s VoleraFeed into its award-winning sell-side equities trading platform to provide users with access to high-performance options analytics.
VoleraFEED is recognized as the industry’s leading options analytics service.
"The seamless integration of Hanweck’s options analytics and Greeks within our platform further enhances our ability to deliver the highest quality, best practice services to our clients," said Joy Rosenstein, VP of Equity Options Product Management for Fidessa. "The exponential growth of quote volume in the options world, along with the increased complexity of data sets and unprecedented demand for low-latency, real-time analytics, requires bandwidth and processing power at levels never seen before. Hanweck is known for its ability to deliver this power while maintaining the highest possible quality analytics and service, therefore making them a valuable addition to our platform."
Hanweck pioneered the use of graphics processing units (GPUs) within the financial industry to meet the demand for compute-intensive risk analytics. The firm's Volera® analytics engine employs hardware acceleration to handle today’s highly complex data sets and extreme quote volume without sacrificing quality or service.
Gerald A. Hanweck, Jr., PhD, founder and CEO of Hanweck Associates, said: "Integration with Fidessa delivers our VoleraFEED options analytics to Fidessa’s options customers, sophisticated traders who need to make informed trading decisions and react to markets faster than ever. We are very excited to be able to offer our service to this community."
Fidessa's equities trading platform supports the trading operations of some of the world's leading firms and has garnered a number of industry awards. Scaling from a single regional implementation with global reach, to a global deployment across multiple regions, it includes connectivity to all the major trading venues, buy-sides and other brokers.