Interactive Data, a provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, has launched a new version of the Interactive Data RMDS Feed Handler, capable of delivering a lower latency consolidated data feed at a reduced total cost of ownership.
The RMDS Feed Handler is designed to offer Interactive Data’s Consolidated Feed across a customer’s entire market data platform infrastructure, powering multiple applications without a laborious re-engineering effort.
The Interactive Data RMDS Feed Handler presents data to applications using the same data models they were originally designed to utilise. This approach enables applications to consume the Interactive Data Consolidated Feed content of global cross-asset data, including tick-by-tick Level 1 and full order book data, covering over 450 sources, in exactly the same way as their legacy feed sources.
As a result of this data format compatibility, the service offers a lower total cost of ownership through minimal application integration effort, controlled rollout capability, and reduced maintenance costs.
“Unless data from a new feed service is presented in a similar format or data model to the one in which the applications have been written, there can be an extremely high level of re-engineering required across every existing application that must integrate with it,” says Emmanuel Doe, president, trading solutions group at Interactive Data. “Our high performance and scalable Feed Handler is designed to alleviate this challenge for customers while helping them to realise potentially substantial cost savings with the Interactive Data Consolidated Feed.”
