MayStreet Bows DaaS Packet Capture, Data Processing

The cloud-based service allows clients to convert data from high-precision formats to those used for research and compliance.

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MayStreet co-founder and chief executive Patrick Flannery says customers can use the cloud-based packet capture service along with the vendor's Bellport low-latency library for research, monitoring and compliance to build affordable, best-of-breed research and compliance infrastructures.

"Our primary goal has been to build foundational tools that would exist in any top-tier high-frequency or market-making firm, making them readily available as fast-time-to-market, affordable, modular products,"

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