InfoDyne Corporation, a leading provider of low latency ticker plant, trade/order processing, and middleware technology for algorithmic trading, today announced trials of Bloomberg's B-Pipe with several customers.
Following 18 months of development, testing and product packaging the completed product offering is now being tested with several customers in the US and Europe. The trials follow the launch of the TPS+Plus B-Pipe feed handler.
By adding support for the Bloomberg B-Pipe feed to the TPS+Plus product family, InfoDyne continues to ensure that trading firms can freely choose the sources of data that best meet their business requirements. The solution ensures full access to the wide range of data sources and types available over the B-Pipe feed, including all exchange, depth of book, proprietary and contributor data.
"InfoDyne has worked closely with Bloomberg over the past year to deliver a high level of integration with B-Pipe, ensuring that full benefits of B-Pipe are available to clients," said Ken Gaertner, Global Head of Data Services at Bloomberg.
TPS+Plus is an agnostic, robust, ticker plant solution designed to address the need for low latency, high-volume, market data. The system supports automated trading and desktop applications utilizing InfoDyne's direct access APIs and also integrates seamlessly within most other traditional market data platforms, including Reuters RMDS, TIB, and Triarch. It provides a robust set of features for the normalization, blending, and integration of direct exchange and consolidated feeds providing global data coverage.
"We are very excited about the Bloomberg opportunity and have worked very hard to ensure full access to Bloomberg's broad market coverage," said Dan Reinmund, Head of Sales at InfoDyne. "With the proven integration capabilities of TPS+Plus, customers will ensure seamless use of B-Pipe data within their existing systems and applications," he added.