Under the agreement, the SAVVIS DDU is now providing FTEN with a normalized 'plug and play' interface to access these multiple data sources and data compression to reduce the amount of bandwidth needed to access the data.
As a leading provider of direct market access and risk management technology to the financial community, FTEN and their customers are some of the most demanding on Wall Street," says Matt Fox, Vice President and General Manager of SAVVIS' Financial Services Division.
The joint-team of FTEN and HSG made for one of the strongest combinations of subject matter experts and software developers I have ever witnessed," said Jon Foster, Founder and CEO of HSG.
This enabled us to deploy new technology and service offerings to securities firms worldwide," reports Doug Kittelsen, Chief Product Officer of FTEN.
Wedbush Morgan Securities, the largest international clearing firm headquartered on the West Coast, today announced implementation of Intraday RiskXposure(TM) from FTEN to provide real time intraday risk management for black box, proprietary trading, and prime brokerage clients.
Intraday RiskXposure(TM) from FTEN is a revolutionary new risk management service that provides clients with real time intraday risk management capabilities, regardless of which front-end trading, order or portfolio management systems they use.
based predecessors to FTEN decided to merge together to join one company.
We welcome the opportunity to work with a subject matter expert like FTEN in the financial securities industry," said Jon Foster, Founder and CEO of HSG.