Routing and Transformation of Real-time Data

Some financial firms insist on developing their own systems to manage the movement of real-time data through the organisation. Some even develop their own market data platforms.

Some, though, have realised that managing real-time data is a specialism that's best left to those who deal with it day-in, day-out. This means they're free to focus their efforts and expertise on areas where their own commercial and competitive advantage is greatest. Areas such as trading, pricing, analysis and portfolio management.

Developing your own system means you have to shoulder the burden of coping with changing protocol specifications and formats, updating systems to handle new instruments, protocols and liquidity pools. With MiFID threatening a fragmentation of liquidity in European financial instruments, this burden is only likely to increase.

Gissing Software recognises that the ability to interface with different systems and protocols is key to achieving integration in financial services. That's why we've developed a highly modular software architecture based around a core set of components. We've poured many man-years of effort into optimising and tuning these components for maximum performance and minimum latency.

Irrespective of your choice of middleware, whether it's an industry standard platform such as TIBCO Rendezvous or Reuters RMDS, or one that your firm has built itself, it's only as good as its interface to your trading platforms and your market data vendor(s) of choice.

Gissing specialises in providing and maintaining products that not only simplify the task of integration with any required system, but do it with minimal latency. This enables you and your financial firm to concentrate your resources on creating new business features, adding value to trading systems and focus on the business of doing business!

Gissing Software transforms and routes a variety of real-time data:

Market Data	Bloomberg Trading Data
Contributed Data	Internal Pricing Data
Bloomberg Money Market Rates	EBS Market Rates
MiFID Pre-trade Data	MiFID Post-trade Data
Aggregated ECN Data	Exchange Data

Our resulting product offerings give you:

High Capacity Throughput

Efficient distribution of data
Specifically designed handlers for each vendor and/or protocol
Extremely low latency - typically our Gissing ConteX MCS system adds less than 1ms latency in transforming and routing real-time market data.

Ease of implementation

Common messaging middleware and market data platforms supported
Modular architecture allows wide variety of connectivity "out of the box"
Implementations are mostly 'install and configure'

Extensive coverage

Handlers available “off the shelf” for common messaging platforms, market data vendors and protocols
Comprehensive range of existing vendor output handlers
Fast development of new custom handlers

Flexibility

Extensive, flexible mapping between formats
Full mapping of key instrument and record identifiers for each vendor
Modular design means you can start small and grow as needed

Robust

Core handlers in production for over 9 years - proven beyond any doubt
High reliability with our fault tolerant architecture

Product Releases and Lifecycle

Gissing Software products are released and supported in accordance with our Product Lifecycle policy.