Thomson Financial, an operating unit of The Thomson Corporation and provider of information and technology solutions to the worldwide financial community, announced yesterday that BT Radianz, a provider of financial services connectivity, will provide network services for the new low-latency Thomson Data Feed (TDF). BT Radianz will provide connectivity for TDF, giving clients access to exchanges available in low latency, as well as Thomson Financial’s (TF) universe of real-time content. TF announced last week that they would embed Wombat Financial Software’s low-latency technology with real-time TDF.
The combination of Thomson Financial and BT Radianz as the network and communications provider, along with the embedding of Wombat Financial Software low-latency technology within TDF, gives Thomson Financial a product which addresses a broad range client application market data needs, from latency sensitivity through the broad proprietary content which Thomson will provide, the firm says.
Chris Church, executive vice president, global sales and industry relations, BT Radianz, says, “Speed continues to be a critical factor as trading strategies become more sophisticated and the timeframe in which the trade is executed grows smaller.
With a BT Radianz low latency connection to Thomson Financial’s real-time content, firms gain access to the information they need to execute their strategies quickly and intelligently.”
“BT Radianz adds great value to the TDF low-latency equation,” comments Matthew Burkley, president, enterprise solutions, Thomson Financial. “Through TDF, we will be offering the only complete solution for real-time data feed clients, including latency, delivery and platform options. With the dynamics in the marketplace changing, our clients demand optimum performance.
Our strategy reflects Thomson Financial’s understanding what our clients need to stay ahead of the game,” adds Burkley