Arcontech teams with West Highland

RNS Number : 4318H

Arcontech Group PLC

27 May 2011

 



ARCONTECH GROUP PLC

("Arcontech" or the "Group")

Arcontech teams with West Highland to strengthen US support

Arcontech Group PLC (AIM: ARC), the London based real-time market data systems specialist, and New York based West Highland Support Services ("WHSS") are pleased to announce the appointment of WHSS to provide pre and post sale support for Arcontech's best-of-breed real-time market data systems.

The agreement strengthens Arcontech's 24/7 global support capability and broadens the range of WHSS's expertise portfolio to include Arcontech's CityVision product suite covering multi-vendor contributions, vendor independent real-time publishing to and from Excel, alternative distribution technology and integration with Thomson Reuters and Bloomberg market data platforms.

Andrew Miller, CEO of Arcontech said: "We are delighted to be working with West Highland.  We have been impressed with their knowledge in the market data space and their immediate grasp of our technology and the opportunities it presents for mutual business expansion. With increasing potential and number of installations in the New York area, it makes sense for us to partner with a specialist who can demonstrate a reputation and strong track record in the industry"

Together with support resources in Europe and Asia, Arcontech's operation can now provide 'follow-the sun' support from centres in the local time-zone, coordinated by a global 24/7 helpdesk.

Steven Roe, CEO of WHSS added: "Adding Arcontech's CityVision to our supported product set makes sense for us as a neutral provider of support services.  There is complete overlap in our target markets but no competition for business between us.  It's a good fit."

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Notes for Editors

About Arcontech Group Plc

Arcontech Group Plc's (AIM: ARC) key trading subsidiary is Arcontech Limited.

Founded in 1979, Arcontech is real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data.

Arcontech is independent of any data vendor (such as Thomson Reuters or Bloomberg) and has thrived due to timely delivery of dependable, cost-effective solutions to the financial community based on its award winning CityVision product suite.  Its diverse clients range from National Government, Investment Banks and Data Vendors through to Brokers and Bookmakers.

Arcontech installed its first digital market data products in 1983 and has continually developed new, innovative systems and products, adopting leading edge technology, proven in the marketplace.

CityVision

CityVision supports collection, aggregation and redistribution of market data in real-time from multiple sources to multiple destinations. Sources can include vendor data feeds, exchanges, MTFs (Multi-lateral Trading Facilities) and contributed data from the spreadsheets and trading systems of the pan-European investment banking community.  Destinations include multiple vendor contributions, dealing desk displays, Microsoft Excel, real-time streaming web updates and on-line trading applications.

CityVision is fast, flexible, fully resilient, scalable and secure, with a full authentication and entitlements system. The system is extensible to receive instruments in any asset class, from hundreds of contributors and to provide controlled re-distribution.

CityVision can interoperate with other systems (such as Thomson Reuters RMDS and the Bloomberg) via existing de-facto standards (such as Market link SSL and FIX) and via its own comprehensive APIs. This means it can provide cost effective solutions to add value to or replace incumbent systems.

Contacts

Andrew Miller - 020 7256 2300

Sarah Wisbey - 020 7562 7486

[e-mail]

About West Highland Support Services LLC

Founded in June 1998, West Highland Support Services, LLC is the leading international market data support services firm dedicated to providing system architecture/design, remote monitoring and support solutions to the financial community. West Highland's mission is to optimize our clients' market data environment by offering efficient and effective solutions resulting in overall savings.

West Highland brings an uncommon level of commitment, management experience, business and technology insight and technical experience that spans all aspects of the market data environment. The result is a highly focused organization that delivers excellent value for our clients. Since its inception, our management and technical representatives have built a reputation of client-focused professionalism, senior industry knowledge and have a proven track record of unparalleled results.

Contacts

Steve Roe - + 1 212 867 1848

 

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