Press Release: PolarLake announces partnership with OnixS to extend Market Data and Front Office capabilities

Press Release:
PolarLake announces partnership with OnixS to extend Market Data and Front Office capabilities

Dublin, London June 23rd 2010. PolarLake today announced that they have agreed a partnership with OnixS allowing PolarLake to support a range of OnixS Direct Market Access Market Data and Trading Handlers. The OnixS solutions provide high performance calibrated and certified access to a wide range of exchanges, ECNs and brokers based on FIX standards and proprietary API’s.


John Randles CEO PolarLake said, “Partnering with OnixS is a natural extension for PolarLake giving our clients a single platform to cover the range of data feeds from Market Data to Reference Data. Also we will able to offer a great set of FIX engines and certified Direct Market Access solutions to the most popular exchanges.”


Wayne Meikle, Commercial Director of OnixS added “We’re pleased to be working with PolarLake to expand the Direct Market Access services available to PolarLake customers. Our focus on market data and trading venue solutions and PolarLakes focus on data management and distribution create a compelling overall solution offering.”

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About PolarLake

PolarLake works with Global Financial Institutions and Asset Managers to implement Pricing and Reference Data Distribution and Integration solutions. We help our clients to control the collection, access and distribution of Pricing and Reference Data to internal consumers across their organizations. They work with us to:

 
• Control and ensure transparency on their end to end Data Supply Chain
 
• Achieve faster Time to Market than is possible with generic approaches
 
• Manage the Complexity of Pricing and Reference Data Distribution and Integration.
  
   

PolarLake has been recognized by Industry Analysts as a leader in the Reference Data Distribution and Integration space, named by Aite as the most packaged Reference Data Distribution solution and included in the Gartner visionaries’ quadrant.


PolarLake’s clients include 6 of the top 10 Investment Banks, 2 of the top 5 Prime Brokers and 2 of the top 10 Asset Managers in the world.


www.polarlake.com


About OnixS www.onixs.biz :


OnixS is a specialist software business providing high performance multi-platform, multi-venue Direct Market Access solutions with a Pay As You Use (PAYU) subscription commercial model.


The OnixS products include the OnixS selfConnect range of FIX engine and FAST encoder/decoder components designed to be easily integrated within existing .NET, C++ and Java application frameworks.


The OnixS directConnect products are calibrated and certified DMA market data and trading handler solutions for a wide range of exchanges, ECNs, and brokers designed for rapid and efficient integration.

For more information contact:

  Wayne Meikle

  wayne.meikle@onixs.biz

  +44 20 7117 0111