Profiling the Leading Vendors

This chapter offers information on various trading technology companies and their services. Vhayu Technologies is a leading provider of a real-time software platform that enables financial institutions to capture, store, and analyze enormous amounts of historical data. Vhayu's platform, called “Velocity,” is widely used for tick data management to allow clients to perform real-time trading analysis. Xenomorph is a leading player in the high-performance data management market. Its core data management platform is TimeScape, which is an object-relational database called Xenomorph XDB. It was designed to handle massive amounts of data to facilitate the rapid analysis of trade opportunities and risk management. Apama is an independent financial technology firm, founded in 2000, providing outsourced trading strategies. Apama currently has clients on both the buy and the sell side, with major clients including JP Morgan, ABN Amro, and Deutsche Bank. FlexTrade is one of the leading broker-neutral, trade order management providers in the algorithmic trading market. Their leading product, Flex-TRADER, challenged the once-dominant QuantEX marketed by ITG. Portware is a leading provider of buy-side and sell-side trade and execution management software for basket, single-asset, and automated quantitative trading. Portware Professional, its core product, is a centralized platform for trade and execution management. It is an order management system capable of handling both single-asset and portfolio/basket trading with multiuser support.