The increasing volatility of capital markets has exacerbated longstanding problems with the pricing models of market data providers, and the expenses associated with making market data available across your enterprise can dwarf the cost of acquiring it by a factor of 8*. Between that and the need for quants and risk managers to quickly back-test for investment strategies and compliance metrics, it’s imperative that buy-side and sell-side firms alike are able to answer these questions about how they receive market data:
Highest message rates of any messaging platform that I'm aware of. The wide range of supported protocols (SMF, MQ, EMS, JMS, MQTT, AMQP...) for both direct and guaranteed messaging. The customer support is top notch, whether it be for production support or for adding new features to the platform. They are knowledgeable and patient.”
COVID-19 has resulted in unprecedented trading volumes and volatility, but even as we’ve climbed from 65 billion messages a day to over 118 billion, we’ve had no outages or degradations in performance in our critical market data and messaging applications. Our Solace messaging and eventing platform took the data increases in stride.”
Joshua Carroll, Managing Director, RBC Capital Markets
The keys to a successful market data management strategy are reuse and reliability.
An event mesh gives you the means to work with virtually unlimited number of data sources over a wide variety of interfaces, including your trusty Excel spreadsheets and utilizing Webhooks.
PubSub+ can help you link trusted sources of data across your ecosystem and enable your teams to innovate with cross-asset products, indices and back-testing capabilities.