Webinar Poll: Immediate Investment and Change Ahead for Market-Data Platforms

By: Ray Pellecchia

File Under: NYSE Technologies

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My colleague Combie Cryan from NYSE Technologies, who heads up business development for our SuperFeed(TM) team (and soon may be joining the Exchanges blog), has this report following the SuperFeedwebinar I blogged about here:

The answers to the poll questions during the webinar revealed some surprising results and some validation of our take on the market. We thought you would be interested in the synopsis:

• More than 200 people participated in the call. Nearly half indicated they intend to invest in or change their market-data platform "‘now." The remainder were split evenly between changing it in 6, 12 and 18 months. There is clearly a growing appetite out there for immediate change, and anecdotal evidence from clients indicates that budgets are available to support such investment.

• When asked about critical areas for market data both in terms of relative ranking and absolute priorities, the overwhelming priority (identified by 62% of respondents) was latency reduction, closely followed by cost management, integratibility and reliability. In short, respondents want high performance but want this to be reliable, at low cost and easy to implement and support. We in the SuperFeed team take this challenge to heart and have received encouraging feedback from clients not only on the speed of the data but also our speed in implementing their solutions.

• We were surprised by the frequency with which people were serving multiple needs from one infrastructure; all the way from algo engines to client websites. Predictably most respondents (three out of four) were feeding HFT/algo engines and almost as many (two out of three) were fanning the data out to a range of internal applications.

• Half of you cited co-location needs (from our data-center experience this figure will only grow) and a high proportion (nearly 50% again) were feeding internal display and website services. When serving such a range of needs, the actual end-user needs for data (including speed and granularity) clearly must vary. We designed SuperFeed to tick as many of these boxes as possible and with support from our feed-handler business, we can offer an integrated solution to meet the full spectrum of our client’s needs including working seamlessly with direct feeds and other third-party solutions.

• In terms of the features that add most value to your life, the overwhelming majority of respondents (75%) indicated that ease of integration was key. Unsurprisingly, respondents want solutions now and reliability and low risk both play a significant role in making a decision to change an easy one. Almost half of respondents indicated the need for links to co-lo architecture and also the need for flexibility in delivery locations and options as important factors. You agreed with us that an outsourced solution gives you all the benefits of high performance data with less of the challenges of re-architecting their infrastructure or networks to support (inherent in a deployed solution). A challenge, not to mention a balancing act, for all suppliers but one we at NYSE Technologies feel uniquely well equipped to address.

We would like to thank all of our kind respondents -- your views on the industry and its challenges have confirmed that we’re on the right path with SuperFeed.

SuperFeed is available today for all the major U.S. venues, with additional European and Asian venues coming online later this month. Further information on SuperFeed:

Register to see the SuperFeed webinar replay and future webinars

SuperFeed webpage