Exegy Expands Market Data Dominance with NovaSparks Acquisition for Ultra-Low Latency Solutions
In a strategic move to bolster its leadership in high-performance market data and trading technology, Exegy has announced the acquisition of NovaSparks Inc., a company recognized for its real-time market data normalization and distribution solutions powered by Field Programmable Gate Array (FPGA) technology. This acquisition positions Exegy as a premier provider of FPGA solutions tailored for mission-critical electronic trading platforms, addressing the intricate demands for speed and scalability in the dynamic landscape of capital markets.
David Taylor, CEO of Exegy, expressed enthusiasm about welcoming NovaSparks’ customers and integrating their expertise into Exegy’s already remarkable portfolio. The acquisition reflects Exegy’s ongoing strategy, following its previous acquisitions of Vela Trading Systems and Enyx, to enhance their service offerings aimed at elite capital markets businesses. With a commitment to delivering unmatched speed and extensive global coverage, Exegy continues its mission to be the technology backbone of capital markets enterprises.
“One of the main advantages our clients will gain is access to Exegy’s established global scale alongside our comprehensive managed services,” said Taylor. This includes 24/7 follow-the-sun support, ensuring that all existing partnerships and integrations that NovaSparks clients have forged with third-party trading platforms will not only be maintained but also leveraged for further enhancement.
Luc Burgun, CEO of NovaSparks, noted that the collaboration with Exegy would significantly enhance their innovation potential and improve customer support services. Under Exegy’s umbrella, clients can expect the same ultra-low latency performance they have come to rely on, but now backed by Exegy’s robust service infrastructure and market reach.
Exegy promises to retain existing NovaSparks products and is set to invest in the development of new solutions that will synergize the best features and intellectual properties from both companies, ensuring that clients benefit from a wide range of high-performance options.
Headquartered in St. Louis, Exegy serves a vast spectrum of market participants, including buy-side and sell-side institutions, trading venues, and technology providers. With its commitment to delivering innovative end-to-end solutions and operational efficiency, Exegy is well-positioned to address the evolving needs of global financial markets. The company uses a combination of solutions that include FPGA-accelerated systems, purpose-built appliances, advanced enterprise software, and automated service technologies.
As the financial landscape continues to evolve, the demand for faster and more efficient trading technology increases. The integration of NovaSparks into Exegy marks a significant milestone in the effort to meet these intricate demands. By expanding its technological capabilities and optimizing its client service framework, Exegy reaffirms its position as a leader in the field and underscores its commitment to providing the cutting-edge technology necessary for success in today’s fast-paced markets.
In conclusion, this acquisition not only broadens Exegy’s service offerings but also enhances its potential for further innovation, ensuring that it remains at the forefront of the capital markets technology sector. Clients can look forward to improved products and an unparalleled support system that reinforces Exegy’s promise of excellence. For further details about Exegy’s services and recent developments, visit their website at www.exegy.com.
David Taylor, CEO of Exegy, expressed enthusiasm about welcoming NovaSparks’ customers and integrating their expertise into Exegy’s already remarkable portfolio. The acquisition reflects Exegy’s ongoing strategy, following its previous acquisitions of Vela Trading Systems and Enyx, to enhance their service offerings aimed at elite capital markets businesses. With a commitment to delivering unmatched speed and extensive global coverage, Exegy continues its mission to be the technology backbone of capital markets enterprises.
“One of the main advantages our clients will gain is access to Exegy’s established global scale alongside our comprehensive managed services,” said Taylor. This includes 24/7 follow-the-sun support, ensuring that all existing partnerships and integrations that NovaSparks clients have forged with third-party trading platforms will not only be maintained but also leveraged for further enhancement.
Luc Burgun, CEO of NovaSparks, noted that the collaboration with Exegy would significantly enhance their innovation potential and improve customer support services. Under Exegy’s umbrella, clients can expect the same ultra-low latency performance they have come to rely on, but now backed by Exegy’s robust service infrastructure and market reach.
Exegy promises to retain existing NovaSparks products and is set to invest in the development of new solutions that will synergize the best features and intellectual properties from both companies, ensuring that clients benefit from a wide range of high-performance options.
Headquartered in St. Louis, Exegy serves a vast spectrum of market participants, including buy-side and sell-side institutions, trading venues, and technology providers. With its commitment to delivering innovative end-to-end solutions and operational efficiency, Exegy is well-positioned to address the evolving needs of global financial markets. The company uses a combination of solutions that include FPGA-accelerated systems, purpose-built appliances, advanced enterprise software, and automated service technologies.
As the financial landscape continues to evolve, the demand for faster and more efficient trading technology increases. The integration of NovaSparks into Exegy marks a significant milestone in the effort to meet these intricate demands. By expanding its technological capabilities and optimizing its client service framework, Exegy reaffirms its position as a leader in the field and underscores its commitment to providing the cutting-edge technology necessary for success in today’s fast-paced markets.
In conclusion, this acquisition not only broadens Exegy’s service offerings but also enhances its potential for further innovation, ensuring that it remains at the forefront of the capital markets technology sector. Clients can look forward to improved products and an unparalleled support system that reinforces Exegy’s promise of excellence. For further details about Exegy’s services and recent developments, visit their website at www.exegy.com.
Topics Business Technology）
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