CMS WEBVIEW SELECTS RADIANZ FOR SECURE, RELIABLE DISTRIBUTION OF MARKET DATA IN FIX FORMAT
David N.W. Sawyer / Radianz
5 Nov 2004 5:05PM ET
CMS WEBVIEW SELECTS RADIANZ FOR SECURE, RELIABLE DISTRIBUTION OF MARKET DATA IN FIX FORMAT
TDI™ Feed to Be Available through Radianz
LONDON (4 November 2004) Radianz, the leading global provider of financial connectivity services, and CMS WebView plc (CMS), an international systems and software provider, today announced that CMS will make available its TDI™ Feed of real-time futures and options data through Radianz’s shared market infrastructure.
CMS customers taking the TDI Feed (Transactional Data Interface) through Radianz’s shared market infrastructure platform will receive a high-speed wholesale supply of real-time data from a range of the world's leading futures exchanges. The TDI Feed is offered in various formats including Financial Information eXchange (FIX) and the default protocol from individual exchanges. The benefit of the TDI Feed is that customers can choose the frequency of data delivery, with options such as real-time, delayed, snapshot or end-of-day, on an exchange-by-exchange basis.
“We are extremely excited about offering TDI Feed access to the Radianz community,” commented Bob Antell, Chief Executive of CMS. “Among the many advantages of Radianz are its global reach and high levels of security and reliability. Through the Radianz connection we will significantly increase the market for TDI Feed, making it available to the thousands of financial institutions that already are in the Radianz community.”
“CMS provides unique real-time market data in a FIX format, which makes it a perfect fit for the Radianz community,” said Chris Church, executive VP, strategic client development at Radianz. “Our customers want fast, secure and reliable access to the destinations they need to reach, and we are pleased to add the CMS TDI Feed to the growing list of market data resources available through Radianz.”
CMS is one of 140 providers making available its services over Radianz’s shared connectivity platform, which can be accessed through one fully managed connection. Radianz provides a neutral platform with a global reach to more than 10,000 financial services sites worldwide.
About CMS
CMS (www.cms.co.uk) listed on the Alternative Investment Market of the London Stock Exchange (AIM: CWV) in August 2000. Since its original formation in 1982, CMS has developed extensive expertise in the area of real-time market data collection, processing and distribution.
Until 1997, when a management buy-out took place, CMS was a subsidiary of the London Commodity Exchange and latterly LIFFE.
CMS’s lead product – Transactional Data Interface (TDI) – enables clients to control the collection, processing and distribution of mission critical data for their business needs. TDI customers include some of the world’s leading futures exchanges - the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT).
In addition to the above, CMS is also a well-established provider of Digital Data Feeds (DDF) for the wholesale market. The company has developed DDF using its proprietary TDI software and carries a wide range of real-time data directly from many of the world’s leading futures and options exchanges.
CMS has also entered into an agreement with USA based Data Transmission Network LLC (DTN) to market its PC based price reporting service (ProphetX) in Europe – this represents a major opportunity for CMS to target the high-end sector of the quote vendor terminal market.
About Radianz
Radianz (www.radianz.com) is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company’s shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain. In 2004, the readers of WATERS magazine named Radianz “Best Network Provider.” Radianz was founded by Reuters (LSE: RTR; NASDAQ: RTRSY) and Equant (NYSE: ENT) (Euronext Paris: EQU) in June 2000 and operates as an independent company.
Radianz and the lighthouse logo are trademarks of the Radianz group of companies worldwide.
CONTACT:
For CMS WebView:
Bob Antell/Peter Blogg
020 7744 7722
Neil Boom/Rosemary Acfield
Gresham PR Ltd.
020 7404 9000
For Radianz:
Patrick Kilhaney
Intermarket Communications
212-888-6115 Ext 223
Kelly O’Brien
Intermarket Communications
212-888-6115 Ext 256
