Interactive Data, a provider of financial market data, analytics and related solutions, has revealed that its real-time market data and trading solutions group has launched a new version of its Client Site Processor (CSP).
CSP supports the delivery of PlusFeed, Interactive Data’s low-latency, consolidated global datafeed that is used by financial institutions globally to power algorithmic and electronic trading applications.
The new version of its CSP is designed to handle up to 9.4 million messages per second and to help clients improve financial message processing performance by up to 70%.
The new CSP is engineered to accommodate full OPRA and depth of market data and keep pace with current estimates of anticipated volume growth until the first half of 2011. The CSP can also help PlusFeed clients control costs by supporting a compact output format that reduces the server’s output by a ratio of approximately 7:1.
Jay Kilberg, managing director of feed solutions for Interactive Data, said: “Our clients are continually faced with significant growth in market data volumes and are looking for ways to obtain low latency data while controlling costs. The new CSP can enable our clients to leverage their existing hardware resources in order to accommodate the increased processing demands that result from market data volume growth.”