Vela’s market data feed, SuperFeed, can now be accessed via the BT Radianz Cloud, a financial markets cloud community.
SuperFeed offers customers a single source for data feeds and can now be delivered as a managed service via the Radianz Cloud, meaning customers do not require investment in their own back-office infrastructure.
The data feed is fully compatible with Vela's existing software which enables customers to design bespoke systems to meet their business requirements.
According to Vela, members can reliably access thousands of applications and services via SuperFeed from more than 400 providers.
David Payne, managing director of Radianz Services at BT, said: “Customers accessing Vela’s SuperFeed via our highly-secure and resilient Radianz Cloud can benefit from lower costs and reduced operational risk. At the same time, Vela benefits from a ready-made market place with thousands of clients in the capital markets ecosystem as it drives for growth for its managed services business.”
He added: “This is a great example of how both customers and providers can benefit from joining the Radianz Cloud community with high-performance service, accessibility and choice.”
Ollie Cadman, head of business operations at Vela, commented: “Vela’s SuperFeed is designed to simplify and speed up clients’ access to data via a single source. This eliminates the need for clients to directly source various, disparate market data feeds as well as alleviate the ongoing mandated overheads of managing the infrastructure and exchange-driven changes.”
He added: “By joining the BT Radianz Cloud community, Vela’s market data feed clients gain access to a range of connectivity and hosting solutions from one of the world’s largest secure networked financial communities.”
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