In addition to the growth of its global estate of managed market data solutions, the decision to open a managed services office in London at this time was driven by a number of factors impacting the elite firms that Exegy serves. "Dramatic expansions in regulatory requirements and ongoing mandates to lower costs have caused market participants to rely more heavily upon vendors with the technology, expertise, and economies of scale to provide high-quality and cost-effective services," says Mr. O'Donnell. In response, Exegy has significantly expanded the breadth and depth of the managed services it provides to its clients since it first deployed its hardware-accelerated market data appliances in London in 2007. "In addition to raising the standards on 'what' services like monitoring and change management, our clients have asked us to provide more 'why' and 'how' services like analysis of market data behavior and planning for regulatory compliance. We are obliging enthusiastically, as it deepens our strategic engagement with our clients and directs our managed services roadmap," adds Mr. O'Donnell.
About Exegy, Inc.
Exegy provides best-of-breed technology and managed services for the normalization and distribution of real-time market data to a diverse set of élite firms in the financial services industry. Today Exegy serves as a strategic partner to leading exchange and ATS operators, market makers, sell-side banks, buy-side asset managers, and proprietary traders. At the heart of Exegy's product line are purpose-built, hardware-accelerated appliances derived from an extensive portfolio of patented and patent-pending technology. For more information, please visit www.exegy.com and follow Exegy on LinkedIn and Twitter @ExegyMarketData.
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SOURCE Exegy, Inc.