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McObject Adds Partners in U.K. and India

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McObject, developer of the eXtremeDB in-memory database, is extending its sales reach and integration capability by partnering with Spreadbrokers in the U.K. and NSE.IT in India.

Spreadbrokers based in London specialises in low-latency technology for financial markets, and will target buy-side and sell-side firms, with a focus on the data management aspects of portfolio optimisation, complex event processing and order matching.

Meanwhile, NSE.IT, the wholly-owned IT consulting subsidiary of the National Stock Exchange of India, will provide integration, optimisation, development and other services relating to eXtremeDB for capital markets clients.

NSE.IT has experience of development using eXtremeDB as part of its algorithmic trading solution based on the NeatXS trading platform. In that project, it cut order-processing latency to the sub-millisecond level, and achieved higher throughput, providing real-time data management for pre-trade risk management, post-trade risk re-computation and management of margins.

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