Telekurs (USA) Renews License With InfoDyne For Its TPS+Plus Ticker Plant
Chicago, June 13, 2005 – InfoDyne Corporation, a leading provider of exchange feed ticker plant technology, today announced that Telekurs (USA), a leading provider of real-time pricing information and fundamental data on securities from over 200 global exchanges, has renewed its license, and will continue use of InfoDyne’s TPS+Plus ticker plant software to power its market data services in the Americas. For the past two years, Telekurs’ US-based ticker plant has employed InfoDyne’s TPS+Plus technology to process real-time content fed from American exchanges and seamlessly blend fundamental and international content fed from the company’s central global ticker, which is based in Zurich, Switzerland.
Importantly, the close working relationship between InfoDyne and Telekurs (USA) also gave rise to integration of MDFstream, Telekurs’ real-time broadcast global market data feed, with direct exchange feeds supported by InfoDyne’s TPS+Plus product suite. This means that joint customers can have seamless integration of critical, latency-intolerant feeds with the global, consolidated market data provided by Telekurs.
The companies are in deep discussions with several financial institutions, which they hope to be able to disclose in the coming weeks.
“Telekurs (USA) is very pleased with the InfoDyne TPS+Plus ticker plant solution, as it provides a quality backbone for the ever-growing market data infrastructure required to support US and global volumes”, said Barry Raskin, President of Telekurs (USA). “InfoDyne’s TPS+Plus has proven to be a reliable, extensible service that we are comfortable relying upon and recommending.”
“InfoDyne is very pleased that Telekurs (USA) has decided to renew their license and we are looking forward to continuing to work with them to provide high performance solutions meeting the evolving business and technical requirements of the financial community we both serve,” said Guy Tagliavia, President of InfoDyne. “More than anything, we work hard to satisfy our customer needs and it is always gratifying when a customer decides to extend their usage of our products and services.”
About Telekurs Financial
Telekurs Financial is a company in the Telekurs Group, which operates in the fields of financial information, payment transactions and IT services. As a leader in its field, Telekurs Financial specializes in the procurement, processing and distribution of international financial information for investment advisory services, portfolio management, financial analysis and securities administration.
A global network of local financial market specialists procures real-time stock exchange information straight from the leading financial centers. Containing over 2 million financial instruments, the database of structured, encoded securities information maintained by Telekurs Financial and its ten representative offices abroad is unparalleled throughout the world in terms of both depth and data coverage.
As the official numbering agency for Switzerland and the Principality of Liechtenstein, Telekurs Financial is responsible for allocating Swiss security (Valor) numbers. It is a founding member of the Association of National Numbering Agencies (ANNA) and leads the way in introducing standards aimed at simplifying trading and securities administration.
Telekurs (USA) Inc. is one of 19 Telekurs Financial offices located in 14 major financial centers around the world and is one of the company's regional data collection centers responsible for directly sourcing data from nearly 200 global exchanges, 400 third-party contributors and a number of news agencies.
Telekurs (USA)’s services range from valuation pricing and real-time market data feeds to streamlined reference/cross-reference, descriptive and corporate actions/events services for improved straight-through processing. With such far-reaching coverage of global markets and such extensive depth of information, Telekurs offers one of the most comprehensive data feeds available today.
For more information, visit
www.tkusa.com or call 1.800.Telekurs.
About InfoDyne
InfoDyne Corporation (
www.infodyne.com) has been a provider of market leading enterprise products and solutions to the financial marketplace for over 12 years. With a commitment to “encapsulate
your enterprise
TM”, InfoDyne delivers ticker plant, straight through processing, and object-based middleware technology — solutions that offer a quantifiable market advantage, a reduced cost of ownership, and a high rate of return.
InfoDyne’s TPS+Plus™ ticker plant system integrates direct exchange, ECN, and consolidated feeds, including all North American and most major global exchange feeds, to provide dramatically faster data delivery than traditional market data consolidators, and, at a significantly lower cost. InfoDyne’s STP+Plus™ solution offers direct trade and order routing to major exchanges, and other trading partners.All InfoDyne products are compatible with the leading client site system solutions currently in the market, including InfoDyne’s own object-based Middleware2 technology.InfoDyne’s TPS+Plus™, STP+Plus™, and Middleware2 system solutions are deployed on-site within a customer’s own data center or as a fully managed service at a shared data center facility.