Exegy, a leading provider of market data, trading technology, and managed services for the capital markets, is proud to announce today that Exegy Nexus™, a purpose-built FPGA-powered market data platform, together with nxAccess, its FPGA-based trading engine, has been named ‘Most Innovative Solution for Front-Office/Trading’ at the 2026 A-Team Innovation Awards.
Delivering ultra-low latency performance with unified access and operational efficiency, the combined solution brings market data processing and execution into a single FPGA-accelerated workflow. Nexus preprocesses and distributes market data based on application needs, while nxAccess enables firms to act on that data directly in hardware—triggering and modifying orders with deterministic performance. Together, they eliminate the need for fragmented feed handlers and execution systems, reducing infrastructure footprint while accelerating the path from data to decision to execution.
“We are seeing market participants under increasing pressure to deliver high performance while reducing infrastructure complexity, power consumption and cost, “said Laurent de Barry, CPO of Exegy. He continues: “This recognition reflects the industry’s shift toward unified, hardware-accelerated architectures that eliminate disjointed systems and enable firms to operate efficiently at scale, without compromising latency.”
At the center of this innovation is Exegy Nexus™, a purpose-built platform designed to centralize and streamline front-office market data infrastructure. Developed with early adopters across market making, agency brokerage, and global banking, Nexus replaces fragmented, server-heavy feed handler environments with a single, fully managed FPGA appliance. By processing data before distribution, it reduces downstream data volumes, lowers compute requirements, and simplifies system architecture.
In one US broker deployment, replacing in-process feed handling across 200 servers reduced infrastructure requirements to just 157 servers, lowered API load to 18%, and generated $3.19 million in annual savings.
Complementing Nexus, nxAccess extends this architecture into execution. Its hardware-accelerated algorithm environment allows firms to preload orders, respond to market events, and trigger or modify orders directly in FPGA, eliminating software latency and ensuring consistent, deterministic performance under all market conditions.
The A-Team Innovation Awards are overseen by an esteemed Advisory Board and the A-Team editorial team, with finalists and winners selected based on direct input from financial institutions and industry practitioners.