Aleri Signs HSBC, Launches New Platform

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HSBC Private Bank is readying a rollout of the Aleri Streaming Platform from Chicago-based data software vendor Aleri Labs to manage a portion of the bank's real-time pricing process, including foreign exchange pricing, officials tell Inside Market Data.

Aleri is expected to begin implementing the platform next year under the terms of the global deal, officials say.

"The contract was finalized in the last few months, and we are deeply engaged with the bank at the moment," says Aleri president

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