ACTIV Financial, a global provider of real-time, multi-asset financial market data and solutions, today announced that the firm was named “Best Data Provider to the Sell-Side” at the Sell-Side Technology Awards. In its inaugural year, the Sell-Side Technology Awards recognize the leading technologies and vendors through an auditable and transparent methodology and judging panel comprised of analysts, CIOs and Waters staff members.
In a market characterized by growing market data volumes and sources, global trading strategies, and continued cost pressures, firms are increasingly looking to access more markets at lower costs. ACTIV’s global market data coverage and light-weight delivery infrastructure provides firms with a best-of-breed solution that offers comprehensive, high-quality data at a low cost.
“We are delighted to have been recognized by Sell-Side Technology as best data provider to the sell-side,” said Frank Piasecki, president of ACTIV. “We remain committed to providing our clients with a high quality, comprehensive market data and infrastructure solution that enables them to manage growing data volumes in an operationally efficient and cost effective way.”
A truly global provider with distribution across the Americas, Europe and Asia, ACTIV added more than 15 feeds across asset classes in 2012. ACTIV invests heavily in technology, and is constantly upgrading and expanding its range of services. The firm is currently working to deploy a ticker plant at the new co-location facility of Tokyo Stock Exchange (TSE), which will provide physical access to TSE FLEX Standard, FLEXFull, FLEX Full (WB) and Tdex+ feeds in raw or normalized outputs using ACTIV’s hardware-accelerated ticker plants.
ACTIV also announced it is extending its North American coverage of ACTIV TradeDeck, a fully managed solution providing an ultra low latency pre-trade risk gateway, to all Canadian exchanges for equities, options and futures to prepare for regulations around pre-trade risk checks.