The firmâs ultra-low latency market data solution, QuantFEED â captures raw data co-located within the exchange, performs micro-second decoding and delivers normalized data through a single API (application programming interface). Written in C++, with a multi-threaded design running on Linux, the product leverages QuantHouse feed handler technology.
The QuantHouse proprietary fiber optic network allows its clients to receive the QuantFEED product from any of the 15 QuantHouse âPoints of Presenceâ within the US and European Exchange data and proximity hosting centers. Benefits include easier ways to integrate the solution and very high throughput rates and access to historical data.
Denery Fenouil, CTO and co-Founder of QuantHouse, said:
âIt seems to us that many banks are beginning to recognise that now is the best time to explore and adopt next generation trading solutions. The flexibility of our technology allows clients to easily integrate cost effective QuantHouse solutions with their existing legacy environment in order to have a step-by-step evolution.â
Markus Diener, Head of IT at Bank Vontobel, added:
âTechnology has evolved considerably over the past few years as more desks need the latest generation of electronic trading systems. Recent market volatility has shown the limitations of legacy data systems. We have selected the QuantHouse solution because Bank Vontobel is constantly looking for efficient and market-tested solutions to give an edge to our clients.â
Stephane Leroy, Head of Global Sales & Marketing at QuantHouse, concluded:
âIn addition to our large buy side and exchange client base, weâre also working with more than 15 top tier banks globally. We believe current market conditions act as an additional stress-test for the banking sector in terms of trading infrastructure and reliability, and our experience and expertise are clearly what they are looking for to manage this transitionâ