Thomson Financial shoots for lower latency with Wombat alliance
Thomson Financial has partnered with low-latency technology vendor Wombat Financial Software. Thomson Financial will use Wombat's technology in its real-time data feed, Thomson Data Feed. The vendor says the new capabilities powered by Wombat will give clients access to exchange information in lower latency. Thomson Financial, a subsidiary of the Thomson Corporation, provides IT systems to 70 financial institutions and had sales of $2 billion in 2006.
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