Exegy Bows Data Tone-Edge Cache Combo for Mid-Tier Buy-Side Firms

Combining two of its existing solutions will allow the vendor to serve the needs of enterprise applications in remote locations.

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Exegy originally launched Data Tone in 2010 (IMD, Sept. 10, 2010) as an alternative to its deployed ticker plant appliances and managed services, to provide a normalized service for firms that don’t need heavy infrastructure and access to raw, low-latency datafeeds. “Those robust offerings are priced accordingly. But we would have smaller firms come to us and ask if there was a way they could use our services on a smaller scale,” says Exegy chief technology officer David Taylor.

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