Gissing Software Newsletter
Volume 4, number 1, Spring 2008
News and updates from Gissing Software: Transforming and Routing Real-time Data
In this issue:
On December 21st 2007 Reuters announced its intention to acquire Gissing Software, and the sale and purchase agreement was signed. Following due diligence and some legal processes the acquisition completed on January 19th. Gissing is now a wholly owned subsidiary of Reuters. It will continue to operate as an autonomous unit based at its headquarters in the London borough of Bromley and will continue to supply and support its range of market-leading real-time market data products.
Find out more about the acquisition of Gissing by Reuters and what it means for you...
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Gissing ConteX MCS Version 4 moves into production - White Paper available to download.
We're delighted to announce that following the largest product development project that Gissing has ever undertaken, the long-awaited new version of Gissing ConteX MCS - Version 4 - completed internal testing and entered client beta test during January. Beta testing is now complete and the product is being put into production. Full release is expected during April.
Our marketing and design teams have collaborated to produce a White Paper which describes the design criteria and objectives, and outlines the major architectural innovations in this new release.
Download the Gissing ConteX MCS Version 4 datasheet (pdf format)...
Obtain your own copy of the Gissing ConteX MCS Version 4 White Paper...
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Prior to the acquisition (see: Gissing acquired by Reuters above) our development team had been working very closely with Reuters to further enhance the only currently available third-party solution for contributing data over a Reuters Marketlink IP 2 connection. Reuters Marketlink IP 2, an entirely new protocol, can support up to 750 messages per second (subject to Reuters' provisioning) and so can replace multiple Marketlink IP 1 connections. This has now been deployed at two major clients, and is under evaluation at three more.
Read more about using Gissing ConteX with Reuters Marketlink IP 2 ...
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Gissing Software won business from several new clients last year, notable among them are two clients from the buy-side - not somewhere Gissing has traditionally sold solutions. The two clients are Fidelity International, a major global fund management company, and Malbec Partners, a new hedge fund. Gissing built a new Hedge Fund market data system for Malbec largely from existing technology components. This is now available to other Hedge Funds looking to improve the capability of their internal market data systems.
Read more about Gissing's Hedge Fund market data platform...
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Gissing will once again be attending SIFMA Technology Management Conference and Exhibit in New York in June with its own booth. Other events planned for 2008 include the SIFMA Hedge Fund conference, also in New York in June, and a Hedge Fund event in London later in the year.
Find out where to see Gissing during 2008...
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