Gissing Software, a supplier of software and services for real-time trading, announced that GFI Group Inc. is using Gissing’s new delayed data handler for its ConteX Multi-Vendor Contribution System (ConteX MCS) to deliver energy prices to a major provider of financial market data.
GFI can now take data from internal sources and send electricity prices at a delayed rate to the data provider, which are then made available to users of its service. The delay can be set to intervals ranging from a few seconds to several hours.
GFI has been delivering prices using ConteX MCS from Gissing Software since March 2004 as a key element of its strategic platform for increasing distribution of tradeable prices across the many markets it serves. Using ConteX MCS, GFI simultaneously sends data to multiple information vendors.
The data from GFI’s internal networks enters ConteX MCS through input handlers connected to its trading platforms and contribution applications. The data is then routed to the appropriate output handler for onward distribution by the data vendors. GFI can package data for specific vendors and effectively monitor contributions guaranteeing the integrity and quality of data.