Press Releases
LONDON, Oct. 8, 2013 /PRNewswire/ -- ARQA Technologies (ARQA), the independent financial markets software provider, has announced it will provide clients with a consolidated financial data feed provided by S&P Capital IQ Real-Time Solutions. The global provider of next generation trading products will address the growing demand from ARQA clients for differentiated low-latency data at different speeds.
S&P Capital IQ Real-Time Solutions is one of ARQA Technologies' long-standing partners in the provision of 'fast' market data delivery. The global ConsolidatedFEED, an additional offering from the firm, is designed for investors, sales/traders and risk managers, as well as electronic quote and news applications. The end-to-end market data feed is delivered to support electronic trading applications and real-time risk management. The solution provides both normalized and value-added market data and promises seamless integration with existing legacy or in-house distribution systems.
As well as investment banks and asset management companies, the innovative ConsolidatedFEED benefits corporate and financial institutions that need to power in-house applications such as middle-office portfolio and risk applications. It may also be used for back-office applications as snapshots of real-time data needed to price portfolios and positions.
Integration with ARQA's products will bring the global consolidated feed to end-clients and trading desks of companies which use the QUIK front-office system. When QUIK is employed as a risk server the new feed may serve for the purposes of online real-time pre-trade checks, as well as post-trade analysis of positions opened in global markets. Existing solutions integrating ARQA's products to back-office platforms will transparently bring relevant data into accounting systems of companies and banks. The implementation of the global ConsolidatedFEED to solve such tasks will reduce overall costs of market data for clients without loss of quality compared to 'fast' alternatives. The feed consolidates data from 21 points of presence and provides the data from hubs inside co-location facilities in New York and London.
Brian Cassin, Managing Director and Head of Real-Time Solutions at S&P Capital IQ, commented: "The consolidated data feed is for clients that do not have ultra-low latency as their most important requirement. They may be looking for low latency, but also broad coverage of global exchange data, data aggregation, normalisation, ease of implementation and ease of data consumption."
The General Director of ARQA Technologies, Yuri Voronov said: "We believe some of our customers may discover that the new consolidated data feed offers an opportunity to enhance their performance due to better access to global exchange data and, thus, offer improved service to their own customer base."
About S&P Capital IQ
S&P Capital IQ, a part of McGraw Hill Financial (NYSE:MHFI), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need.
For more information visit: www.spcapitaliq.com or www.quanthouse.com.
About ARQA Technologies
ARQA Technologies is an independent software provider of solutions for operating on financial markets. The company offers a range of front-to-backsolutions (front-officeQUIK, middle-officemidQORT and back-officebackQORT) as well as SaaS from its data-centreslocated in Novosibirsk, Moscow and Kiev. The clients of ARQA Technologies include over 300 banks, investment and asset management companies in various countries.
For more information visit: arqa.ru/eng/
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