Hedge Funds

On New SuperFeed Сompressed Data Feed and Hedge Funds

SuperFeed-compressed-data-feed

Reliable data feeds are imperative to companies in the financial trading sectors. Hedge funds, insurance trusts and financial funds just wouldn’t be able to function without them. However, for many in this industry, one of the main challenges is obtaining the large volumes of data required, while still keeping a low latency, or the ability to respond to market events the minute they occur.

Achieving low latency requires investment – and it’s costly. There needs to be a sophisticated infrastructure to make it possible, and it is often necessary to keep ploughing plenty of investment into it on an ongoing basis.

In addition, the popularity of electronic trading brings a whole new set of challenges. It is growing increasingly popular for some financial companies to use cloud based platforms. These can have a low bandwidth, which equals a slow performance – and this is not ideal for the fast moving world of the finance.

A further challenge that arises is when the time comes to adding more data feeds. Emerging markets – or developing economies – can be the most difficult, as these direct feeds can be hard to access, but a new innovation aimed at the financial sector could be about to change all of that.

The SuperFeed Compressed Data Feed

New York-based SR Labs has recently announced a new superfeed compressed data feed, which could be set to revolutionize how data is received. What makes it so different? The new system combines the benefits of both a consolidated feed and a direct feed, which means it has the same capabilities as a direct feed, but it is also simple to use and cost effective.

Explaining the thinking behind the new product, Ian McIntyre of SR Labs stated in a media release:

“SuperFeed was designed initially to target the low latency requirements of electronic trading, and we have seen much of our success driven by customers in this area, through expansion into emerging markets or by using SuperFeed to offset costs in place of a direct feed handler solution.”

“The compressed feed enables customers using lower bandwidth connectivity, to use SuperFeed as an alternative consolidated feed, without compromising on reliability and data quality.”

Benefits of the SuperFeed Compressed Data Feed

From the information available so far the compressed data feed is a cost effective solution, but there are plenty of other benefits too. These include:

Reliability – customers using this new superfeed compressed data feed are also set to benefit from a greater reliability.

Efficiency – the compressed data feed can also aid productivity by helping to increase speeds and improve efficiency, even if the user only has low bandwidth.

Straight forward and time efficient– data feeds can be delivered in a single format, even if there are vast amounts of them. This will improve speed, which is of the essence in the fast moving financial sector.

Greater flexibility – users of the system will be able choose to receive the symbols they require, meaning it won’t be necessary to plough funds into data that isn’t relevant, which again greatly improves efficiency.

Quality – the compressed data feed will allow customers to benefit from the usual high quality, but without the high demands on bandwidth.

What are the main features of the SuperFeed?

There are numerous features, but the one set to benefit hedge funds the most is the easy access to exchange information. Users of the Superfeed compressor will be able to access data from more than 100 markets, including the NASDAQ, Euronext, NYSE, Moscow and BME.

Another crucial feature is it’s also hosted and managed; this will allow hedge funds and others in the financial trading sector more time to concentrate on the business of running their funds.

Overall, the SR Labs Superfeed compressed data feed has the potential to help solve some of the main challenges faced by financial funds, who need efficient and cost effective means of accessing data, while still maintaining quality and reliability.

Related topics:risk investment Security Technologies
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