Knowledge Technology Solutions PLC
03 March 2008
3 March 2008
Knowledge Technology Solutions Plc ('KTS')
Arcontech announces expansion of StarNet market data platform
for Tradition Group
Following its successful implementation of Arcontech's CityVision StarNet market
data platform, Tradition Group (www.traditiongroup.com/uk) has extended this
system to manage contributions to Bloomberg in London. The migration of the
Bloomberg contributions from the previous system was achieved in a matter of
days.
The Tokyo hub has also been rolled-out, to support local contributions to a
number of vendors in that region. The deployment, achieved within a week, is
integrated with the London hub and provides seamless data transfer between the
locations. Other data collection hubs throughout the world are in the process
of roll-out. Currently the data platform collects data from 10 offices globally
with further expansion planned for 2008.
The StarNet system collects data from various sources, including in-house
trading systems and numerous Excel spreadsheets. It enables managed real-time
publishing to many destinations, including Reuters, Bloomberg and Tradition's
RMDS platform, as well as to other global offices.
Commenting on these improvements Dominique Velter, Strategic Marketing Director
at Tradition said: 'We chose the Arcontech system over competitors because we
were convinced that it would meet our growing business requirements quickly and
efficiently.'
Andrew Miller, managing director of Arcontech, added: 'It's great to be involved
with a dynamic and forward-thinking firm like Tradition. They recognised the
potential for cost and operational efficiency offered by StarNet and have
implemented an innovative architecture using our off-the-shelf products.'
-Ends -
For further information please contact:
KTS / Arcontech 020 7256 2300
Andrew Miller
Kelso Consulting (PR advisers to Arcontech) 020 7242 2272
Tim Prizeman/Angelina Hunt
Notes for Editors
Arcontech: Founded in 1979 and acquired by Knowledge Technology Solutions PLC in
2007, Arcontech is an award-winning developer of mission-critical software for
real-time market data transmission and trading. Its clients cover a wide range
of users of market data, from leading City institutions through to bookmaking
websites. The CityVision suite addresses enterprise level real-time data
requirements.
CityVision: Arcontech's suite of software components for real-time data
publishing is well established and proven with major City institutions.
CityVision's StarNet components extend the suite to allow financial institutions
to interconnect different networks and the Internet. CityVision allows the
immediate, simultaneous and secure transmission of market data between sources
and destinations. It can deliver very high message rates with exceptionally low
latency and can scale from one to hundreds-of-thousands of users.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.