To be developed using CMS's market leading TDI™ Network architecture, the new solution ultimately will enable the CBOT to deliver a high-speed market data feed from its new (LIFFE CONNECT™) electronic trading system alongside data from its existing sources.
CMS's TDI™ Network architecture is increasingly being recognised as industry standard technology in the area of exchange data distribution. Benefits of TDI™ include its wide range of proven input and output interfaces, together with inbuilt network resilience and significant data flow capabilities. Versions of the software are already in operational use at organisations including the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME).
Bob Antell, CEO of CMS WebView plc commented: "We are very pleased to be working on this project with the CBOT®. It builds on our proven expertise in this area and can only reinforce CMS's position as a world-leading provider of market data feed solutions. It also acts as formal recognition of CMS's experience in successfully interfacing TDI™ to the LIFFE CONNECT™ electronic trading system in addition to previous TIBCO and OM Click based installations."
Steve Dickey, Vice President of Market Data Products and Information at the CBOT® said: "CMS WebView plc has established a solid reputation for delivering its data solutions on time and within budget. We are confident that CMS will be able to fulfil the requirements of the CBOT in the area of market data distribution. One of the deciding factors in choosing CMS was the company's proven market knowledge and business experience in the areas of exchange data feeds and operations."