New York, London, 10 May 2016 – S R Labs, LLC, a global leader in trading and market data technology, today announced the launch of the SuperFeed Compressed Data Feed. The new offering is the latest innovation in the development of the SuperFeed product line designed to support direct feed based, electronic trading applications.
The new solution addresses client requirements including a full range of trading firms, the buy-side, and retail brokers, in allowing consumption of low latency data through lower bandwidth connectivity including cloud and internet solutions. The new compression technology also enables market participants, outside of the main data center hubs, to benefit from SuperFeed’s data quality through a bandwidth profile that works for them.
SR Labs have deployed Solace Message Router Appliances to deliver a market leading compression solution, which publishes data in the OpenMAMA format. The Solace appliances compress the data by over 80% with negligible latency impact, enabling clients to benefit from SuperFeed’s low latency, data quality and normalized delivery while using significantly less bandwidth.
Ian McIntyre, COO Europe of SR Labs, stated “SuperFeed was designed initially to target the low latency requirements of electronic trading, and we have seen much of our success driven by customers in this area, through expansion into emerging markets or by using SuperFeed to offset costs in place of a direct feed handler solution.” Ian added, “The compressed feed enables customers using lower bandwidth connectivity, to use SuperFeed as an alternative consolidated feed, without compromising on reliability and data quality.”
Denis King, SVP of Global Field Operations and Strategic Alliances at Solace Systems, said “Capital markets participants are demanding more flexibility and freedom in how they consume market data and distribute it across their businesses.” He continued, “We look forward to working with SR Labs to help their customers achieve fast, efficient market data distribution over any kind of connectivity solution."
- Ends -
For more information contact
+1 646 828 7350
For media enquiries please contact
The Realization Group
+44 (0) 7974 937970
About SR Labs
SR Labs is a global leader in high performance trading and market data technology. Providing a wide range of solutions enabling the operation of scalable ultra-low latency systems, with cost saving technology designed to shape the future of trading. Visit www.srtechlabs.com
SuperFeed is SR Labs’ low latency, consolidated feed offering. SuperFeed offers the benefit of a direct feed without the associated costs, alongside the benefits of a consolidated feed without the associated latency and quality compromises. These advantages make SuperFeed a perfect solution for the consumption of the increasing volumes of market data arising from the ongoing move towards electronic trading.
About Solace Systems
Solace provides technology that improves the speed and efficiency with which information flows between applications, connected devices, datacenters and people. Modern financial services markets are as much about moving information as they are about money. The requirement to execute millions of operations a second has increased the demands placed on the infrastructures of financial institutions. Solace’s innovative messaging solutions meet these needs in a compact footprint that is easy and cost-effective to deploy, run and scale. To learn more visit http://solacesystems.com