Hedge Funds Sign for IDC Hosting

Until now, the only client of DirectPlus was trading software vendor TradingScreen. Mark Hepsworth, president of the Real-Time Services division, says that after initially experiencing an extended sales cycle for the first deals, interest in the service is now increasing.

"The problem of market data volumes shows no sign of abating-and is even accelerating," Hepsworth says. "Customers are looking for hosted services to help take the burden of managing data off their hands."

Hepsworth says an

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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