Tenfore provides BSI with real-time and historic end-of-day prices from multiple equities and futures exchanges, and more than 20 FX and treasury contributors, plus newswires from four of the leading news vendors. Tenforeâs Publish & Subscribe Application Programming Interface (PubSub API) allows BSI clients to receive streaming data from Tenforeâs Frankfurt data centre via any TCP/IP network, such as the internet, LAN or WAN, VPN or via dedicated leased line.
Sulim Malook, CEO, BSI, says: "We selected Tenfore because of its clean, low-latency content, which is easily integrated into our applications, and its flexible approach. Specifically, it was willing to source data from additional exchanges, such as MEFF and SIMEX, at our request. Also, by carrying out the exchange-related administration, reporting and compliance tasks, Tenfore is helping to reduce our costs associated with the management of market data."
The PubSub API enables third-party applications to request and receive information from the Tenfore data feed based on a selected universe of symbols. Tenforeâs APIs offer quick and easy integration of Tenforeâs data into third party applications and for the contribution of client data through the Tenfore network. The company has designed its APIs to accommodate differing client requirements and constraints including environment, data usage and development resources.
Gordon Bloor, CEO, Tenfore, says: "BSI is joining our growing list of over 40 wholesale and redistribution clients, which include Thomson Financial, SunGard and GFI. By customising our technology to BSIâs requirements, we aim to maximise the effectiveness of its market data budget and ensure the success of its BLUEâ¢analytics offering."
BSI and Tenfore intend to extend the partnership with the launch of BLUEâ¢mobile this summer. Tenfore will provide real-time prices and news for the product, which enables BSI clients to access streaming quotes, news and charts via smart phones and PDAs.
In addition to its wholesale client base, Tenfore boasts more than 500 corporate clients including, HSBC, ING and Rabobank, and over 3,000 direct end users. The company has its own ticker plant and provides low-latency content to users in over 60 countries worldwide.