MTS Group has chosen SoftSolutions! as it’s provider for the new DataFeed platform, the lightweight WEB-based solution for bulk data distribution. The rationale for this development is to significantly lower the costs involved in distributing market information to issuers of fixed income products traded on MTS Group’s “Telematico”platform . “By susbstituting the incumbent leased line solution” says Cazzulini project manager for Datafeed at MTS Group, “we estimate that we can improve significantly our cost efficiency.”.
The new DataFeed solution, will be based on a Secure Web server architecture, atop of a Linux and Sun Blade (Solaris) environment. MTS Group also expects a significant lowerage of both time to market and customization efforts.
SoftSolutions! CTO Andrea Gambirasio says “We are excited to assist MTS Group in this project. We welcome particularly the use of standard off the shelf components such as MySql and the choice of J2EE as the reference technology. In preliminary performance tests conducted with real-market environment, the Java based platform showed an impressive response to critical market conditions in terms of speed, and we are confident that we can deliver a solution that is extremely efficient and economic”.