LOS GATOS, Calif.–(BUSINESS WIRE)–Oct. 9, 2003–VhaYu Technologies Corp., a leader in real-time tick-data capture, storage and analytics, announced today that it has signed a Developer LicenseAgreement (DLA) with Reuters (Nasdaq:RTRSY, LSE:RTR), the global information company. The DLA licenses VhaYu’s real-time tick-data platform to integrate with the Reuters Market Data System, RMDS, anadvanced market data integration platform.
The VhaYu platform gives customers the ability to scan every security on a tick-by-tick basis across the entire Reuters data feed, uncover increased trading opportunities, act faster on them and make more trades.
VhaYu is the only solution offering customers this level of real-time data capture and analytics that covers the entire securities market.
“The average analyst can track at least 20 if not up to 50 but no more than 100 securities at any given time, said Tejpal Chadha, CEO and co-founder at VhaYu. “Now, they’ll be able to scan the entire market, looking at every security, every tick. For Reuters’ customers, they gain immediate access to faster and more enhanced types of analytics, plus the ability to make more trades, a customer solution no other market data firm can match today. For Vhayu, this is another step in delivering on our strategy of working closely with industry leaders.”
About VhaYu
Headquartered in Los Gatos, California, VhaYu Technologies Corp. is a leader in real-time, tick-data capture, storage and analytics for the financial industry. Using patent-pending technology, VhaYu has developed its linearly scalable platform for brokerages, hedge funds, exchanges, research departments, back testing, compliance and risk management, delivering a 10-time reduction in hardware costs, lower market data costs and a 100-time improvement in data capture and analytics performance, the latter through the simultaneous capture of market data changes in the order of 50k/second and millisecond analysis of the data. For more information, visit www.vhayu.com.
