Royalblue Sees Strong H1

ORGANIZATION & STRATEGY

Royalblue, a UK-based market data and software vendor, announced a 20 percent increase in revenues for the first half of 2005, along with a set of new initiatives.

Revenue rose from £28.5 million to £34.1 million, while recurring revenues rose 30 percent to constitute 66 percent of overall revenue.

This period saw the first sale of Royalblue's US market data product, which provides Level II data for the Nasdaq market.

In the first half of this year, Royalblue expanded Fidessa's data coverage t

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