BT Radianz powers Hyperfeed hosted data centre

HyperFeed will utilize BT Radianz's shared market infrastructure and take advantage of its latest product Radianz Proximity Solution. Through the use of Radianz Proximity Solution, HyperFeed will now be able to provide its clients with a hosted infrastructure for ultra low latency access to direct exchange data, third party applications, third party global consolidated data and trade execution.

"The High Performance Center will benefit a wide range of firms who need super-fast, efficiently-delivered hosted trading solutions with Reg NMS compliance," says Paul Pluschkell, CEO of HyperFeed. "By working with BT Radianz, we are creating a center that offers a higher-level of performance managed by professionals that understand how to deliver high-performance solutions at a price point representative of a shared environment."

As a hosted service, the High Performance Center provides access to any level of functionality including normalization, caching, integration, entitlement control and transmission of real-time direct data source. The new service will also host HyperFeed's Market Data Platform for access to global consolidated feeds as well as HSOURCE, a new component of HyperFeed's ticker plant software (HTPX) that delivers normalized ultra low latency data to market participants. The service is open to all content, application and execution venue providers allowing client applications direct connectivity to minimize latency throughout the trading cycle.

Chris Church, Executive Vice President of Strategic & Client Development, BT Radianz, says, "As today's markets continue to become more automated, market participants need reliable connectivity solutions and robust capacity to meet market demands. By providing HyperFeed access to the BT Radianz shared market infrastructure and hosting facilities we are addressing the demands for lower cost alternatives for clients to access the world's most liquid exchanges in the shortest time possible. We are pleased to work with HyperFeed and look forward to working with additional industry players to help develop new strategies for latency sensitive trades."

Initially, HyperFeed will use Radianz Proximity Solution for access to execution and market data venues in New York, but plans are afoot to broaden the offering to major market centers worldwide. BT Radianz launched the Radianz Proximity Solution in North America last year and in Europe this past January. The company expects to expand its offering to additional market centers, such as Asia, in the coming months.