Thomson Reuters buys data technology firm Vhayu

Market data vendor Thomson Reuters has acquired Vhayu Technologies, a provider of data capture and analysis hardware and software.
By None

Market data vendor Thomson Reuters has acquired Vhayu Technologies, a provider of data capture and analysis hardware and software.

The two firms have a history of collaboration. Thomson Reuters has been distributing Vhayu’s Velocity tick-data management system as the Reuters Tick Capture Engine for the last four years. As a result, Vhayu’s developers have integrated Velocity with the Thomson Reuters Market Data System and have devised a single, normalised view for the Reuters Real-Time Data and Reuters DataScope Tick History products.

Following the acquisition, Velocity will be an integral component of the Thomson Reuters Quantitative and Event Driven Trading solution, which comprises tools for pre-trade analytics and trading strategies.

“This acquisition brings together technology and content that will generate a powerful new class of solutions for financial services customers,” said Jeff Hudson, CEO of Vhayu, in a statement. “By integrating Thomson Reuters’ valuable content with the analytics and storage technology of Vhayu, customers will enjoy new solutions that will greatly expand the value of market data.”

Jon Robson, president of enterprise, Thomson Reuters, added, “Our clients will benefit from this acquisition as a natural enrichment of the proven solutions we deliver for high frequency and advanced quantitative trading, research and analytics.”

«