Tenfore has installed its ticker plant in BT Radianzâs Tokyo data centre, providing local firms with direct access to low latency Asian content as well as Tenforeâs existing international content. By utilising connectivity from BT Radianz, Tenfore now plans to add data from Tokyo Stock Exchange, Singapore Stock Exchange and Bursa Malaysia and launch a further ticker plant in Hong Kong by the end of the first quarter of 2007. Both ticker plants will be integrated into Tenforeâs global infrastructure, which includes plants in New York, London and Frankfurt.
Richard Barden, head of business development, Tenfore, says: âFirms are finding our extensive coverage and our agility to enter into a variety of deals an attractive alternative to the other market data offerings on the market. Weâve already received requests from existing customers wishing to consolidate their Asian data requirements with one provider, as well as from prospects interested in our wider, more comprehensive service.â
Future phases of the project will see the company add content from the Hong Kong Stock Exchange, Hong Kong Futures Exchange and Tokyo Futures Exchange, including Level 2 data where available. The company already provides real-time and historic data for all major US and European exchanges, as well as end-of-day prices for Asia. With the addition of real-time prices from exchanges across Asia, Tenfore can offer a wider range of services, while retaining its flexible approach that accommodates differing customer requirements.
This push into Asia follows on from the recent overhaul of Tenforeâs new technical infrastructure for delivering low latency data. With the introduction of ticker plants in New York and London, and an upgraded communications network and ticker plant software, Tenfore can now deliver feeds with single digit millisecond latency. The increased bandwidth has allowed the company to add new content, including US level 2 equity data for Nasdaq, NYSE (OpenBook), CME and CBOT. It has also expanded its European content with full order book data for Euronext equities, along with level 2 coverage of Micex and RTS, both from Russia.
Gordon Bloor, CEO, Tenfore, says: âWeâve made a name for ourselves in the corporate market with our flexible approach, attractive pricing models and reliable data. With our new infrastructure and the expansion of our content, we can further strengthen this position and continue to help more firms achieve greater value from their market data budgets.â
With 3,000 direct end users, Tenfore boasts more than 500 corporate clients including HSBC and ING, and 45 wholesale/redistribution clients including Thomson Financial and GFI.