Arcontech Excelerates Broker

RNS Number : 9231Z

Arcontech Group PLC

24 January 2011

 



Arcontech Excelerates Broker Pages

London, 24^th January 2011.  Arcontech has announced a new release of its CityVision "Excelerator" add-in for real-time market data functionality within Microsoft Excel spreadsheets.

The new version provides enhanced functions for users to subscribe to real-time data from multiple sources and to perform controlled contributions to multiple destinations.  In addition, a new "compatibility mode" and an optional module for ANSI page display provide considerable added value and cost saving opportunities for user firms.

The optional page display module allows viewing of the common page types familiar on dealing desks and also handles full ANSI character attributes including foreground and background colours, bold, flashing, reverse video, etc. This is essential for correct support of direct feeds from Inter-dealer brokers (IDBs) such as Garban, ICAP, Tradition and Tullett Prebon.  It also of custom-built internal and pages.

Page displays can be arranged in user configurable layouts, the size, position and content information being specified via interaction with the displays and by formulae in the spreadsheet. Different layouts can be setup easily, saved and restored simply by saving and re-loading Excel files, effectively turning Excel into a simple yet powerful user-customisable market data desktop.

The new option in Excelerator also supports page shredding, allowing easy drag and drop of fragments from page displays to Excel worksheets. This allows, for example, simple set up of calculations on page-based prices for desktop analysis or re-distribution.  Customised internal and composite pages are also catered for as Excelerator can shred and show colour and video effects on pages built using other CityVision or RMDS components.

The compatibility mode eases migration to Excelerator, eliminating the need for spreadsheet conversion in most cases.

As with other CityVision products, Excelerator integrates with the Thomson Reuters RMDS market data platform, providing direct connection with entitlements controlled by DACS.

Andrew Miller, CEO of Arcontech said: "Excelerator is a compelling product for cost conscious, risk averse firms. Its high performance is proving attractive to users as are the new display features. Excelerator facilitates substantial savings by providing a viable alternative to expensive, bundled market data terminal products like 3000Xtra, particularly in conjunction with direct feeds, internal data and data from other vendors, such as IDC or Bloomberg.  The compatibility mode can virtually eliminates cost and risk of change and allows migration to occur very swiftly."

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Notes for Editors

About Arcontech Group Plc

Arcontech Group Plc's (AIM: ARC) key trading subsidiary is Arcontech Limited.

Founded in 1979, Arcontech is real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data.

Arcontech is independent of any data vendor (such as Thomson Reuters or Bloomberg) and has thrived due to timely delivery of dependable, cost-effective solutions to the financial community based on its award winning CityVision product suite.  Its diverse clients range from National Government, Banks and Data Vendors through to Internet Bookmakers.

Arcontech installed its first digital market data products in 1983 and has continually developed new, innovative systems and products, adopting leading edge technology, proven in the marketplace.

CityVision

CityVision supports collection, aggregation and redistribution of market data in real-time from multiple sources to multiple destinations. Sources can include exchanges, MTFs (Multi-lateral Trading Facilities) and contributed data from the spreadsheets and trading systems of the pan-European investment banking community.  Destinations include multiple vendor contributions, dealing desk displays, Microsoft Excel, real-time streaming web updates and on-line trading applications.

CityVision is fast, flexible, fully resilient, scalable and secure, with a full authentication and entitlements system. The system is extensible to receive instruments in any asset class, from hundreds of contributors and to provide controlled re-distribution.

CityVision can interoperate with other systems (such as Thomson Reuters RMDS and exchanges) via existing de-facto standards (such as Market link SSL and FIX) and via its own comprehensive APIs. This means it can provide cost effective solutions to add value to or replace incumbent systems.

Contacts

Andrew Miller - 020 7256 2300

Sarah Wisbey - 020 7562 7486

[e-mail]

 

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