Showing posts with label Data. Show all posts
Showing posts with label Data. Show all posts

Friday, 25 November 2011

Selerity Leverages CFN Services' Alpha Platform Expanding its Low-latency Event Data Distribution Network to Global Trading Venues

Herndon, VA (PRWEB) October 10, 2011

CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, announced today that Selerity, a provider of real-time event data solutions for the financial services industry has selected CFN Services Alpha Platform to extend low-latency access to its event data worldwide. Electronic traders can now access Seleritys low-latency event data locally without the use of long-distance telecommunications infrastructure in all major global financial centers.


CFNs Alpha Platform significantly decreases the time and costs associated with prospective clients evaluating Seleritys event data in real-time that do not have infrastructure in Seleritys current datacenters located in Chicago, New Jersey, or Frankfurt. The combination of CFNs global market data solutions and co-located access to Seleritys market-moving event data creates an industry-leading, integrated event-based trading solution.


Real-time event data is a critical component in many of todays multi-factor trading and risk-management strategies. The ability to gain access to various market-moving events in real-time to incorporate into their global investment strategies can offer trading firms a distinct competitive advantage. Because many of Seleritys event data sets are locally produced and distributed, trading firms can benefit from obtaining Selerity data close to specific trading venues with the lowest latencies possible.


With Seleritys existing physical presence in Chicago, New Jersey and Frankfurt, the Alpha Platform will expand our reach to a broader global audience, said Ryan Terpstra, founder and CEO of Selerity. Integration with CFNs Alpha Platform provides optimized low-latency connectivity to all the major financial datacenters around the globe including Toronto, London, Tokyo, Brazil and additional NY/NJ metro area trading venues.


CFNs Alpha Alliance consists of leading-edge technology and trading ecosystem providers such as Selerity that have set a standard of excellence through the seamless integration of third-party and proprietary trading technologies, applications and services worldwide. CFN Services Alpha Platform is a global, high-performance trading platform for automated trading. With a flexible and customizable platform, it seamlessly integrates the delivery of low-latency market data with best-of-breed trading applications all proximity-hosted within liquidity venues, to accelerate trading performance.


Selerity customers can now take advantage of CFN Services global footprint, high-performance infrastructure and our commitment to delivering market-leading trading applications with best-of-breed providers, said Mark Casey, President CFN Services. Were pleased to partner with Selerity to bring the capabilities of this platform to a broader segment and deliver enhanced solutions that better serve todays competitive financial markets.


About Selerity


Selerity is a real-time financial information and media company that focuses on capturing and delivering breaking events using innovative technology. Using proprietary real-time search and in-house capital market experts, Selerity monitors authoritative, primary sources for events that impact the financial markets such as corporate earnings, economic reports, energy statistics, and credit rating changes. Selerity's information products deliver clients both machine-readable event data and actionable news in

real-time. Customers use Selerity's platform to make accelerated decisions by incorporating event data and news into their investment strategies.

http://www.seleritycorp.com


About CFN Services in the Global Financial Markets


CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. For more information, please go to: http://www.cfnservices.com


About CFN Services


CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource

Financial Services Firms Turn to BUMI and Global Relay for Comprehensive Data Backup, Recovery and Compliance

(PRWEB) October 17, 2011

BUMI (Backup My Info!), the premier provider of online backup and recovery solutions for small to mid-sized businesses, today announced the addition of DH Frederick Securities, Inc. and The Family Wealth Consulting Group (FWCG) to its growing roster of financial services customers. In addition to online data backup and recovery provided by BUMI, these two California-based financial services firms are also utilizing Global Relay for email archiving offering an end-to-end solution to safeguard and ensure compliance of business-critical information.


Like many financial services organizations, DH Frederick Securities, Inc. and FWCG use Global Relay services in order to comply with FINRA regulations for the recordkeeping and supervision of electronic messaging. FINRA (the Financial Industry Regulatory Authority), which regulates all firms selling securities in the United States, requires its broker-dealers to archive all transactions and inbound, internal and outbound correspondence relating to their business.


Compliance is extremely important, and meeting FINRA requirements does not mean financial services firms data is protected from disaster or other unforeseen events that can cause systemic failure, said Jennifer Walzer, CEO of BUMI. What Global Relay does for email communications, BUMI does for an organizations data, providing a means to backup and restore all types of business-critical information, applications and systems. Financial services firms such as DH Frederick Securities and The Family Wealth Consulting Group are recognizing that while regulatory compliance is compulsory, data protection is essential.


DH Frederick Securities is a licensed broker-dealer that specializes in assisting clients with capital and consulting needs. It is leveraging BUMI to remotely back up all of its operational systems and applications, such as Microsoft Office files. The company also relies on Global Relay to archive all of its email correspondence, keeping them compliant with government regulations.


If you had a virus cause a crash or, in our case, being in California, an earthquake, and all your hardware was destroyed, what would you do? said Dolliver Frederick, Founder, President and Chief Executive Officer of DH Frederick Securities. For us, in just two phone calls one to Global Relay and the second to BUMI we would have all our email, documents, correspondence and database information, and we would be back up and running. Thats also extraordinarily important from a FINRA and SEC compliance standpoint.


FWCG is a Silicon Valley-based wealth planning firm that manages nearly $ 100 million in assets. Prior to selecting BUMI, FWCG managed backups internally and needed an off-site solution to safeguard its data. Additionally, the firm utilizes Global Relay for email archiving. In the event of an outage, we wanted the capability to recover from a major data loss, said Hilary Martin, Financial Planner at FWCG. With BUMI and Global Relay in place, I feel completely covered, both from a FINRA-compliance and data backup and recovery perspective.


For more information about BUMI, please visit http://www.bumi.com.


About Global Relay

Founded in 1999, Global Relay is the expert in Compliance Messaging Solutions including Archiving, eDiscovery, Mobile Messaging and Collaboration. Global Relay Archive securely captures and preserves email, instant messaging, BlackBerry, Bloomberg, Thomson Reuters, social media and more with BlackBerry, iPhone, Outlook and web access. Global Relays 15,000 customers in 90 countries include broker-dealers, hedge funds, investment advisors and public companies, as well as 22 of the top 25 global banks. Global Relay has strategic partnerships worldwide, including a global Strategic Partnership with Thomson Reuters for compliance archiving. For more information, contact Global Relay at 866.484.6630 or http://www.globalrelay.com.


About BUMI (Backup My Info!)

Founded in 2002, BUMI (Backup My Info!) specializes in delivering online backup and recovery solutions for small to mid-sized businesses. Based in New York City, BUMI provides an off-site data protection solution that addresses critical issues such as rapid growth of data, business continuity, and regulatory compliance. Every BUMI client is cared for by a team of senior-level engineers dedicated to providing proactive and personalized support. Clients include professional service organizations such as banking, financial, insurance, accounting, hedge funds and law firms. For more information, visit http://www.bumi.com, call (866) 444-BUMI (2864), or follow on Twitter at http://twitter.com/backupmyinfo.


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The International ACM Knowledge Discovery and Data Mining Conference Brings Hundreds Of Analytics And Big Data Experts To San Diego

San Diego, CA (PRWEB) July 12, 2011

The worlds leading conference covering important areas in Knowledge Discovery and Data Mining (KDD), predictive analytics, and technology for analyzing Big Data and uncovering patterns in massive databases, will convene in San Diego, from August 21 24, 2011. Attracting hundreds of high caliber faculty, researchers and students, as well as renowned industry executives and practitioners, KDD 2011 is the top forum to present and discuss technology and science advances in data mining and predictive analytics. For the first time, the conference also includes an Industry Practice Expo, a brand new track of invited talks from leading experts, who have developed and deployed successful, large-scale predictive analytics and data mining systems in their respective fields. KDD 2011 is organized by ACMs Special Interest Group on Knowledge Discovery and Data Mining (ACM SIGKDD).


In a recent report, the global management consulting firm McKinsey identified data as the driving force behind the next frontier for innovation, competition and productivity, creating new opportunities across economic sectors and vertical industries. Attracting leading data scientists and practitioners, KDD 2011 is the premier venue to exchange research ideas and results and shape the future of predictive analytics and data mining. The addition of the Industry Practice Expo reflects the growing strategic significance of data in key industries including healthcare, advertising and entertainment among others. This years invited speakers include: