HyperFeed Technologies, Inc. (OTCBB:HYPR), a PICO company that provides ticker plant solutions and a proven global platform over which a broad base of third party providers can distribute their market data, content and applications, today announced HSOURCE, a new component of the HyperFeed Tickerplant Solution (HTPX) to deliver normalized ultra-low latency data exchange feeds to leading financial services firms.
HSOURCE is an off the shelf component capable of normalizing multiple exchanges, including OPRA in a single box with sub-millisecond latency. HSOURCE available as a stand alone component or as part of HyperFeed's ticker plant solution, is currently in production at leading Hedge Fund clients offering them a competitive advantage with low cost yet high performance components. HSource is the first of HyperFeed's new line of products that allow customers to choose the components they need based on their business requirements.
HSOURCE front end processors (FEPs) enable leading financial services companies to receive normalized data from any source with sub-millisecond latency and take data from any domestic and select international exchange and efficiently redistribute it into a single format as a full stream or client defined filters.
"HyperFeed's proven technology is used by many of the leading financial services firms and exchanges. We designed HSOURCE for those companies that don't require the functionality of a full tickerplant solution so that they can take advantage of the latency induced inefficiencies in the market," says Paul Pluschkell, CEO of HyperFeed Technologies. "Speed is the key to the financial services industry and HSOURCE will provide our customers with a performance based competitive advantage while keeping the hardware footprint low."