Volante's Streamer flies
Front Page Articles from Automated Trader Magazine
New York - 1500EST, 8 May 2008: Volante Technologies successfully launched its Streamer series of data integration modules for low-latency environments at the Accelerating Wall Street Conference in New York today.
Volante offers Streamer modules for Reuters RMDS 6.0, OPRA, and Bloomberg B-Pipe feeds. Additional modules are projected for future release.
Speaking at the Accelerating Wall Street Conference today, Vijay Oddiraju, CEO of Volante Technologies, told our reporter: “With the addition of feed-specific handlers, Volante Streamer meets the need for low-latency market data integration. It's a low-cost, easily customizable, and high-speed alternative for vendor feed normalization and downstream integration.”
With transformation speeds clocked in low single-digit microseconds, Volante Streamer radically reduces the delays and bottlenecks typically created by market data integration or normalization. It is intended to work in any business application environment, including direct market access, algorithmic trading, and aggregated order book applications, as well as market data platforms and complex event processing engines.
“The proliferation of dynamic, high-volume, time-sensitive data with broad distribution requirements is causing existing infrastructures to fail – disrupting business and erasing profits,” Bob Cramer, CEO, Tervela, tells us. “Instead of throwing more hardware at the problem, it makes more sense to change the way that data is processed. The transformative messaging technology of Tervela, supported by Volante’s low-latency, high-volume integration of market data feeds, provides the performance that capital markets institutions need today.”
As with all Volante integration solutions, spreadsheet-style interfaces incorporate pre-built definitions for all financial data standards and message formats such as FIX, FAST and XML. Volante automates all coding and documentation, as well as provides metadata for model-driven initiatives such as data governance and application integration. More at www.volantetech.com