Agreement Enables Access to Real-Time Data from Leading Exchanges with New Analytics Solutions
S&P Capital IQ®, a business unit of McGraw Hill Financial (NYSE:MHFI) and a leading provider of research, analytics and data, today announced an agreement with DataGenic, the leading global provider of on-premise and in-cloud smart commodity data management software, to deliver real-time market data in combination with a comprehensive data analytics and big data warehouse solution.
Through its ConsolidatedFeed offering, S&P Capital IQ will deliver real-time market data feeds from the world’s leading exchanges and brokers for integration with DataGenic’s Genic DataIQ, a real-time charting and analytical application designed for commodity traders, market analysts and researchers delivered via the web. Offering intuitive self-service analytics, Genic DataIQ acts as an intelligent decision platform to help users identify and assist in capturing alpha, and in capitalising on potential opportunities in the energy and commodities markets. The delivery of S&P Capital IQ’s market data to Genic DataIQ will help members of the commodity and energy communities view the entire market from a single application layer.
“This agreement expands our strategic alliances that provide clients with the data, speed and solutions they need for smart decision support for analysis and trading,” commented Brian Cassin, Managing Director, Real-Time Solutions at S&P Capital IQ. “Through a virtually seamless integration with DataGenic’s platform and our feeds, which include pricing and fundamental data, Genic DataIQ customers will have access to cutting edge systems for display and analysis of real-time market data.”
“Partnering with S&P Capital IQ is a key part of our overall business strategy to deliver best-of-breed world class solutions to our global client base,” commented Richard Quigley, CEO of DataGenic. “The access to over 190 real-time markets extends our reach to the front office, delivering intelligent analytics with market leading content.
S&P Capital IQ Real-Time Solutions supports the broad range of market data requirements across the financial community: from low-latency streaming data for the algorithmic trader to real-time or delayed data for the portfolio manager. The firm delivers global market data from more than 170 multi-asset class sources via its proprietary global fiber-optic network and API.
Through ConsolidatedFeed, S&P Capital IQ clients can access global multi-asset class data from a single reliable source and use it to power their electronic trading applications, real-time risk management systems or market data displays efficiently. Through seamless integration with third-party and in-house systems, ConsolidatedFeed reduces clients’ – including brokers’- total cost of ownership and maximizes their real-time data consumption.