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Commerzbank Corporates and Markets (CBCM) has implemented Aleri Labs’ Streaming Platform to power their new foreign exchange pricing application. CBCM’s “FX Pricer” analyses a host of real-time information, and applies proprietary tick by tick validation logic and data cleansing algorithms. The engine calculates CBCM’s prices using a variety of Aleri functions as well as auditing all data and events. The calculated prices are interactively managed by CBCM’s FX traders who have the ability to control the Aleri streams using an in-house developed user interface.

Aleri’s ability to rapidly implement its technology was key to its selection. “We had an aggressive deadline for getting this project underway, but we wanted more flexibility than an off-the-shelf product could offer,” says Klaus Hoffmann, Head of Foreign Exchange, CBCM. “Aleri was able to meet our requirements. The platform had us up and running quickly, while providing the flexibility we need to deliver the performance that this market requires.”

Real-Time Innovations (RTI), will supply its high-performance messaging middleware to Automated Trading Desk, LLC for market-data distribution. ATD will be using RTI’s middleware to distribute real-time data from direct-exchange and Electronic Communication Network (ECN) feeds to its price-prediction engines, automated trading applications and order-management system.

RTI News Release

Wombat Financial Software has signed a global licensing agreement with TD Securities for its low latency market data distribution and integration software. TD Securities is replacing its current market data distribution system with the Wombat Platform in its Chicago and London offices.

Wombat’s middleware platform provides an integration layer that can be combined with a variety of messaging technologies, such as TIBCO’s Rendezvous as used by TD Securities.

Wombat News Release

From A-Team Group’s Transaction Networks & Technologies, February 2007: HypoVereinsbank (HVB), part of the Unicredit Group, has gone into production with a cross-asset database system built using technology from Kx Systems to support its proprietary trading desks in Munich and London. The custom solution, running on 64-bit hardware, is being used to capture and analyze millions of streaming market ticks for immediate real-time analysis and to perform complex analytics on historical data.

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From A-Team Group’s Transaction Networks & Technologies, January 2007: Nyfix Inc has implemented Skyler Technology’s C3 Database for its new order book server to handle what it terms “drastically increasing quote and order book data volumes”. The deal marks Skyler’s first major contract since it entered the high-performance financial data handling space last summer.

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