Gissing Software announced immediate availability of the latest version of Version 2.0 of Gissing RealtimeXL-which incorporates a Dynamic Data Exchange (DDE) converter-allowing financial institutions to automatically convert their legacy Microsoft DDE links to Microsoft’s Real-Time Data (RTD) technology. The new functionality within Gissing RealtimeXL aims to enable financial institutions to benefit from the improved performance and reliability of RTD, while removing the risk associated with updating their DDE links manually.
“A surprising number of banks are still using DDE technology-which is incorporated in applications such as Reuters Personal Data Dictionary (PDD) and TIBCO’s Tiblink, despite the fact that the use of DDE protocol is no longer encouraged,” said Nick Braybrooke, product manager for Gissing RealtimeXL. “Until now there hasn’t been a convenient and easy way for financial institutions to migrate to RTD, but Gissing RealtimeXL v 2.0 changes this. We are already speaking to customers about how we can enable a seamless migration-allowing them to benefit from greater processing efficiency, reliability and faster execution of calculations based on real-time data.”