With the integration of Bloomberg’s B-Pipe, Exegy is supporting its first consolidated data feed on its ticker plant appliance, augmenting the direct data feed coverage that it already offers. The implementation is already live at one hedge fund customer in London, say company execs.
B-Pipe offers coverage from “250 exchanges and thousands of data sources around the world,” according to Bloomberg’s Mark Pesonen. Bloomberg has recently made significant improvements to the latency of the consolidated feed by distributing data collection and distribution to regional hubs, thus reducing propagation latency. By combining B-Pipe’s comprehensive coverage with low-latency direct feeds, customers get access to a wide range of data, across the latency profile.
In a separate development, Exegy recently joined the steering committee for OpenMAMA, an open source project to define a common API for accessing market data. Initiated by NYSE Technologies, OpenMAMA is hosted by the Linux Foundation, and enjoys support from Dealing Object Technology, EMC, Fixnetix, J.P. Morgan and TS-Associates. Version 1.1. of OpenMAMA was released at the end of October.