IBM Plans Broader Feed Coverage

IBM is broadening the range of markets that it covers via its Websphere Front Office direct feed handler software and plans to expand coverage into other asset classes beyond its core base in equities and derivatives markets, officials tell Inside Market Data.

The vendor currently offers more than 100 direct feed handlers - a number that has grown significantly since IBM acquired the Infodyne direct feed business in 2008 (IMD, May 2, 2008). "At the time of the acquisition we covered about 50

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