Hedge Funds Sign for IDC Hosting

Until now, the only client of DirectPlus was trading software vendor TradingScreen. Mark Hepsworth, president of the Real-Time Services division, says that after initially experiencing an extended sales cycle for the first deals, interest in the service is now increasing.

"The problem of market data volumes shows no sign of abating-and is even accelerating," Hepsworth says. "Customers are looking for hosted services to help take the burden of managing data off their hands."

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