UK software house Sinara Consultants has released the Sinara Market Data Platform (SinaraMDP), an open and flexible software product that provides distribution and management of real-time market data and news.
It is based on a number of trusted software components which Sinara have delivered to many clients through long-standing relationships with Interactive Data and Dow Jones Newswires.
SinaraMDP has now been deployed by Interactive Datas Real-Time Services business to provide a scalable platform for Blue Systems, a London-based provider of global financial information software. Blue Systems benefits from the platforms capability to handle high volumes of real-time streaming data delivered by Interactive Datas low latency, consolidated datafeed, PlusFeedSM.
The APIs on SinaraMDP allowed Blue Systems to build their innovative desktop and mobile applications that can access both real-time and historic time-series data. SinaraMDPs Alerting and SMS Sender modules have been added to the architecture to provide automatic notification of events such as price breaches to Blue Systems users.
SinaraMDP is a flexible system, so additional data sources can be integrated easily. For Blue Systems, Sinara added content from Dow Jones News by supplying an advanced feed handler component, and Blue Systems own developers were able to add ICAP data by using the Data Contribution APIs supplied with SinaraMDP.
“Sinara have been delivering market data software products for many years to meet the challenging requirements of clients throughout the UK and continental Europe. By bringing all our components into the SinaraMDP platform, we can give our clients a reliable system both now and in the future as we continue to invest in improving and extending the product. The recent addition of support for mobile devices was an important factor in Interactive Datas decision to deploy the platform for Blue Systems,” says Gary Hughes, sales & marketing director, Sinara.
“We have had a long and successful relationship with Sinara. They understand our data feeds and content very well, so were always our choice for the data distribution platform needed for our clients who use Blue Systems to access our low-latency data with coverage of up to 94 global exchanges,” adds David Hann, general manager, EMEA, Interactive Data Real-Time Services.