Showing posts with label Trading. Show all posts
Showing posts with label Trading. Show all posts

Friday, 25 November 2011

Selerity Leverages CFN Services' Alpha Platform Expanding its Low-latency Event Data Distribution Network to Global Trading Venues

Herndon, VA (PRWEB) October 10, 2011

CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, announced today that Selerity, a provider of real-time event data solutions for the financial services industry has selected CFN Services Alpha Platform to extend low-latency access to its event data worldwide. Electronic traders can now access Seleritys low-latency event data locally without the use of long-distance telecommunications infrastructure in all major global financial centers.


CFNs Alpha Platform significantly decreases the time and costs associated with prospective clients evaluating Seleritys event data in real-time that do not have infrastructure in Seleritys current datacenters located in Chicago, New Jersey, or Frankfurt. The combination of CFNs global market data solutions and co-located access to Seleritys market-moving event data creates an industry-leading, integrated event-based trading solution.


Real-time event data is a critical component in many of todays multi-factor trading and risk-management strategies. The ability to gain access to various market-moving events in real-time to incorporate into their global investment strategies can offer trading firms a distinct competitive advantage. Because many of Seleritys event data sets are locally produced and distributed, trading firms can benefit from obtaining Selerity data close to specific trading venues with the lowest latencies possible.


With Seleritys existing physical presence in Chicago, New Jersey and Frankfurt, the Alpha Platform will expand our reach to a broader global audience, said Ryan Terpstra, founder and CEO of Selerity. Integration with CFNs Alpha Platform provides optimized low-latency connectivity to all the major financial datacenters around the globe including Toronto, London, Tokyo, Brazil and additional NY/NJ metro area trading venues.


CFNs Alpha Alliance consists of leading-edge technology and trading ecosystem providers such as Selerity that have set a standard of excellence through the seamless integration of third-party and proprietary trading technologies, applications and services worldwide. CFN Services Alpha Platform is a global, high-performance trading platform for automated trading. With a flexible and customizable platform, it seamlessly integrates the delivery of low-latency market data with best-of-breed trading applications all proximity-hosted within liquidity venues, to accelerate trading performance.


Selerity customers can now take advantage of CFN Services global footprint, high-performance infrastructure and our commitment to delivering market-leading trading applications with best-of-breed providers, said Mark Casey, President CFN Services. Were pleased to partner with Selerity to bring the capabilities of this platform to a broader segment and deliver enhanced solutions that better serve todays competitive financial markets.


About Selerity


Selerity is a real-time financial information and media company that focuses on capturing and delivering breaking events using innovative technology. Using proprietary real-time search and in-house capital market experts, Selerity monitors authoritative, primary sources for events that impact the financial markets such as corporate earnings, economic reports, energy statistics, and credit rating changes. Selerity's information products deliver clients both machine-readable event data and actionable news in

real-time. Customers use Selerity's platform to make accelerated decisions by incorporating event data and news into their investment strategies.

http://www.seleritycorp.com


About CFN Services in the Global Financial Markets


CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. For more information, please go to: http://www.cfnservices.com


About CFN Services


CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource

NetProspex, New Entrant in the $20bn Sales Desktop Market for Trading Executive Contacts, Secures Series B Funding

Waltham, MA (PRWEB) May 23, 2008

NetProspex Inc., a recent entrant in the market to create the world's most accurate and extensive database of sales contacts, announced that it has secured Series B funding from angel investors. The company will use the funding to further develop its proprietary tools to bring accurate sales contact information to the sales desktop.


NetProspex helps customers maximize their ROI by providing them with higher quality, and more accurate, sales leads. Customers pool their contacts with NetProspex's database in exchange for new contacts. A range of proprietary technologies is used to ensure that the customer-supplied data is validated up front and that the quality of the database is maintained over time. The result is a unique resource of executive contacts that reaches far deeper than alternatives.


"Our business has been growing at a brisk pace and as a result we were able to complete our funding round in less than 2 months. This continued vote of confidence from our investors is truly gratifying," says Gary Halliwell, CEO and founder of NetProspex. "Our work in raising the bar on data quality for sales contacts and the success of our contact trading platform has laid the groundwork for continued growth of the company."


NetProspex angel investors include business media publishing veterans Rikki Tahta, Simon Murdoch, Roland Beaulieu and Gary Mueller.


About NetProspex

Founded in 2006, NetProspex understands that effective sales efforts require the most in-depth and accurate prospect data. The company's core product line overlays user-contributed and commercial sales lead data with multiple layers of quality control to produce an entirely unique and highly effective sales and marketing contact database. With over 2.5 million accurate business contacts across 350,000 companies, NetProspex is a major new source of contacts, including difficult-to-find mid-management decision makers across North American businesses. For more information or a free trial, visit http://www.netprospex.com.


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