Gissing Software has launched Gissing ConteX Express, aimed to bring automation to contributions process, increasing efficiency while also keeping costs to a minimum.
The technology can be used to contribute market prices to a single venue, and to get prices from real-time spreadsheets or pricing applications out to the market without a market data platform. It can also be used to publish real-time prices to a website for clients. A key application of Gissing ConteX Express will be to enable clients to easily migrate from Bloomberg PriceLink to Bloomberg MPF. It provides an ideal solution for clients who are keen to contribute executable prices on Bloomberg MPF.
Deployed on a Microsoft Windows platform, Gissing ConteX Express provides a ‘one-in, one-out’ configuration that is not tied to a particular messaging platform or vendor format. It is available in a choice of standard flavours, while ConteX’s library of more than 20 different data handlers, including the recently announced FAST Protocol and MiFID Transparency handlers, allows versions to be built to meet clients’ specific data requirements.
Richard Gissing, CTO, Gissing Software, said: “Until now, financial institutions with modest contribution needs faced an insidious choice when deciding what technology to adopt. Gissing ConteX Express allows them to function more efficiently with flexible, customizable technology that’s already tried and tested. The product has evolved from Gissing ConteX MCS, Gissing Software’s proven multi contribution system, which is already used to meet the contribution needs of major financial institutions at more than 40 sites around the globe. As the most economical and reliable one-in, one-out contribution solution available Gissing ConteX Express is perfect for organizations looking for contributions technology for modest requirements.”