Telekurs (USA) Brings North American Ticker Plant Online

 

Stamford, CT (January 20, 2004) -Telekurs (USA) Inc., a leading provider of real-time equity pricing information and fundamental data on securities from over 200 exchanges, today announced the completion of a major enhancement to its internal data distribution systems through the use of InfoDyne’s TPS+Plus™ ticker plant technology. InfoDyne Corporation, based in Chicago, is a leading provider of direct exchange feed ticker plant systems, trade/ordering routing solutions, and enterprise middleware.

 

The new ticker plant benefits Telekurs’ customers in the Americas by streamlining distribution of real-time data sourced directly from the local market sources.The addition of this local ticker plant serving the local markets means that American data previously sent overseas for processing is now processed and distributed locally, ensuring the most timely possible delivery of real time prices from all the world’s markets. In addition, implementation of InfoDyne’s scalable architecture ensures Telekurs’ readiness to accommodate expected increases in message volumes.

 

"Completion of this joint project is an important milestone in our strategic technology plans and allows us to continue providing our clients with solutions that represent best of breed services. The InfoDyne technology has added several dimensions to our system capabilities and provides the flexibility we need to expand”, said Atul Kapoor, Chief Technology Officer of Telekurs (USA). “Our partnership with InfoDyne not only enables us to stay ahead of volumes, but also paves the way for our customers to tailor custom combinations of direct exchange feeds for mission-critical applications and markets with the richness of Telekurs’ global market data coverage,” added Kapoor.

 

The Telekurs North American ticker plant now employs InfoDyne’s TPS+Plus ticker plant technology to directly process North and South American exchange feeds and seamlessly blend fundamental data and international content fed from the company’s central global ticker, which is based in Zurich, Switzerland. The firms worked closely together o integrate data from the Telekurs proprietary data collection system within the TPS+Plus™ architecture and publish the consolidated output in Telekurs popular MDFstream format. This collaboration allowed them to create a robust, customized solution that reduces latency and provides a scalable solution that can accommodate projected increases in content and message rates.

 

“InfoDyne appreciates the opportunity to work in partnership with Telekurs to deploy this next generation ticker plant technology. The collaborative effort has enabled both teams to stay focused and meet critical project milestones. We look forward to continuing to work with Telekurs to meet future system requirements and accommodate ever more demanding industry needs,” said Falke Bruinsma, Senior Vice President of Development for InfoDyne.

 

 

The Telekurs Group is active in the fields of cashless payment instruments, electronic payment systems, international financial information and information technology services.

Telekurs Financial is a subsidiary of the Telekurs Group, which was founded in Zurich, Switzerland in 1930. The company's streaming data and back office solutions track process and distribute information on one of the broadest collections of financial instruments available, with approximately 1.8 million financial instruments in its database.

Telekurs (USA) Inc. (www.tkusa.com) is one of 20 Telekurs Financial offices located in 14 major financial centers around the world, and is one of the company's regional data collection centers that is responsible for direct sourcing of descriptive and market data from nearly 200 global exchanges, 400 third-party contributors and 17 news agencies. With such far-reaching coverage of global markets consolidated into a single, normalized data feed, Telekurs Financial offers one of the most comprehensive data feeds available today.

 

 

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, ECNs, 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. For additional information please contact marketing@infodyne.com