Activ Integrates Datafeeds With Reuters RMDS
Developed at the request of several Tier 1 financial institutions, Activ Financial has integrated its direct and consolidated market data feeds with the Reuters Market Data System (RMDS). The Activ RMDS Gateway enables ACTIV to deliver low-latency market data directly into an institution’s existing RMDS infrastructure.
“By offering institutions a seamless integration with Reuters RMDS, we can provide a practical and cost-effective solution to power existing RMDS applications as well as latency sensitive systems from a single feed,” says Frank Piasecki, president of Activ Financial. “The Activ RMDS Gateway allows us to respond to growing industry demand and offer customers more choice by delivering a reliable and improved latency alternative to traditional data feeds.”
The Activ RMDS adapter enables users to distribute and permission real-time streaming financial content within their RMDS platform. The RMDS Gateway can be utilised on all delivery options provided by Activ, including direct-feed infrastructures, consolidated feed delivery, or even zero-footprint configurations.
Designed and maintained by Activ, the Reuters RMDS Gateway supports RFA 6, RFA 5, and OpenDACS. The service is currently in late-pilot stages with several Global Tier 1 clients in North America and Asia.
“The Reuters Application Partner program demonstrates our commitment to a large group of partners who can provide the financial community with a choice of data sources into RMDS as well as consuming applications,” said Michael Parlapiano, EVP Global Head of Information Management Solutions, Reuters. “Our desire and ability to work with companies such as Activ Financial tangibly demonstrates just how wide open the RMDS platform is, and ensures we continue to expand the value of our client’s investment in their Reuters infrastructure.”
Technorati Tags: activ financial, activ, reuters, datafeeds, rmds
