First Derivatives Boosts Data Focus

The vendor has 15 feed handlers in production to process and normalize data provided by vendors and direct feeds from trading venues, and aims to increase this number to more than 20 by the end of the year, based on client demand for new data sources, says First Derivatives chief operating officer Michael O'Neill.

"The more feed handlers we have, the more people recognize us as a provider in that space," O'Neill says, adding that building a new feed handler "is not a big deal for us... developing

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