Market Data Technology Firm SpryWare Offers Secure, Direct Access to its Feed Handler Solution at 111 8th Ave. in New York and 350 E. Cermak in Chicago
New York, NY (November 22, 2010) – Telx®, a leading interconnection and colocation provider in strategic North American markets, today announced that SpryWare, a premier provider of ultra-low latency feed handlers and direct market data technology, has joined its Financial Business Exchange (FBX), a facility-based infrastructure platform that provides the capital markets community with unmatched proximity, latency and choice. As part of the Telx FBX community, SpryWare can offer financial markets customers secure, low latency access to its Market Information Server™, a fully-managed ticker plant solution designed for direct market connectivity for processing high-frequency data.
“By participating in the Telx FBX in New York and Chicago, SpryWare can offer trading firms a competitive advantage through low latency network connectivity to our direct market access (DMA) appliance, MIS,” said Dan Curry, director of Sales at SpryWare. “Telx’s extensive financial markets customer base, combined with our innovative ticker plant technology, serves the latency-sensitive trading community, helping them move each market data event, such as quotes and trades, through the system as fast and reliably as possible.”
“SpryWare’s MIS appliance gives our FBX customers a secure, efficient way to access the vital market exchange information they need to do business,” said Michael Cattell, VP of Financial Markets for Telx. “We are pleased that SpryWare finds value in our growing financial markets ecosystem in our recently expanded New York and Chicago facilities.”
About Telx Financial Business Exchange (FBX)
Telx Financial Business Exchange (FBX) is an ecosystem of financial exchanges, market data providers, order management vendors, independent software vendors, buy-side and sell side firms - all colocated in secure, Telx-managed data centers and interconnection facilities. FBX offers ultra low-latency connectivity, proximity hosting and direct market access to a growing list of the most important financial exchanges. Telx’s financial markets colocation facilities, strategically located at 111 8th Avenue in New York City, 100 Delawanna Avenue in Clifton, N.J., 350 East Cermak Road in downtown Chicago, and 300 Blvd East in Weehawken NJ, provide customers an ideal environment to grow and manage their businesses by placing their networks in proximity to their key suppliers, partners, and customers, along with hundreds of leading telecom and data service providers. For more on the advantages of the Telx FBX, download this free financial markets case study.
Located in the heart of the financial districts Chicago and New York, SpryWare specializes in standardized market-data technology via direct exchange feeds. SpryWare’s flagship product, The Market Information Server (MIS) ™, represents the latest and fastest in ultra low-latency technology for the DMA marketplace. The MIS™ is a fully-managed “ticker plant in a box,” designed specifically to handle key financial demands for speed and growing data volumes. The MIS™ processes and delivers market data with the lowest available latency while handling extremely high throughput. SpryWare solutions are designed to take full advantage of multi-core and parallel processing while staying independent of hardware platforms. SpryWare is an active participant and contributor to the FPL and co-author of the FAST™ protocol. For more information, please visit http://www.spryware.com.
Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets. With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 800 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.
Director of Marketing for SpryWare