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Announcing FlexiSphere VM™ - A Cloud Computing 'Vendor Mall' for Financial Services

FlexiSphere Introduces New Cloud Service to Connect Financial Content and Application Vendors to Firms in a Highly Secure, Performant and Auditable Environment.


News provided by

FlexiSphere

Jun 22, 2010, 12:44 ET

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NEW YORK, June 22 /PRNewswire/ -- FlexiSphere, a cloud computing company focused on financial services, today announced FlexiSphere VM™, a "Vendor Mall on Demand" which provides instant access to industry content and application vendors available in the cloud.  FlexiSphere VM™ delivers content and applications from top vendors in content: real time, fundamental & historical data, news, research; applications: analytics, portfolio, risk and compliance management; and trade support: order routing, execution management and back office.  Its inaugural partners include: Comtex News Network, Concursive, EZX, Interactive Data Corp, QUODD Financial Information Services, SIX Telekurs, and Zacks Investment Research, among others.

For clients of FlexiSphere, including: investment advisors, hedge funds, brokers, dealers, traders, institutional sales and risk and compliance managers, it is a one-stop shop for access to an a la carte suite of services in a secure, performant and affordable cloud computing environment.  For vendors partnering with FlexiSphere, it is an instant delivery mechanism to new or existing clients via a secure, private cloud.  

"Offering clients the ability to quickly realize their integration and development goals using a combination of 'instant on' vendor services that best suits them is a real advantage," said FlexiSphere Founder and CEO Tom Saleh.  "We are proud of the caliber of vendors we are able to bring together to serve the financial services community using our proprietary Policy Fabric™ in a highly secure and federated virtual cloud solution."

The FlexiSphere Policy Fabric facilitates the secure federation of virtual private clouds.  This proprietary layer enables consumers and suppliers of information to manage, audit and restrict the interchange of data within virtual private cloud networks.  Just as important for the financial services industry, it provides an efficient and auditable framework driven by business policies.

The FlexiSphere VM™, "Vendor Mall on Demand" Cloud delivery solution provides vendors in the financial services a deliver solution and marketplace with a cost effective, direct, secure and reliable way to get their product to clients faster and better in a highly secure and resilient cloud architecture. FlexiSphere VM™ provides instant delivery to a vendor's new or existing clients via a secure, private cloud. This reduces the cost of scaling a vendor's distribution center, reduces the number of communications and hardware (and costs) coming in to a client site, shortens the lead time for a vendor to recognize revenue and allows vendors to keep a greater share of wallet.

About FlexiSphere

FlexiSphere is a cloud computing delivery system developed by financial industry professionals for financial industry professionals.  FlexiSphere is developing the next generation of delivery and integration technology that brings content and applications together with flexible, resilient and infinite on-demand computing resources at a lower total cost of ownership.  The result is a more efficient and transparent financial services architecture.  

Contact Info: Jim Gorman, +1-646-747-7166

SOURCE FlexiSphere

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