Bear Stearns Selects Vhayu Velocity To Power Cost Analysis Module

Bear Stearns & Co. Inc., has signed Vhayu Velocity to power the cost analysis segment of its algorithmic trading application. "Vhayu's software was designed specifically for market data and has built in scalability and reliability that we demand within our

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Bear Stearns & Co. Inc., has signed Vhayu Velocity to power the cost analysis segment of its algorithmic trading application.

“Vhayu’s software was designed specifically for market data and has built in scalability and reliability that we demand within our trading technology infrastructure,” said Jerome Downey, senior managing director of Bear Stearns.

“Many firms are now realizing that it has become increasingly more difficult to build in-house data analysis and storage solutions,” commented Jeff Hudson, CEO of Vhayu.

Vhayu Velocity captures, analyzes, stores and publishes events while processing every tick of market data in real-time and historically, including full depth of the order book.

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