Statement re Arcontech

RNS Number : 3768D

Knowledge Technology Solutions PLC

15 September 2008

 



15 September 2008 

Knowledge Technology Solutions plc ('KTS' or 'the Company')

Arcontech/KTS Completes Integration with Equiduct feeds

KTS is pleased to announce that it's wholly owned subsidiary Arcontech, a real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data, has completed the introduction of new feed handlers to integrate Equiduct's data into its CityVision product suite. This gives customers' access to the real-time VBBO (Volume-weighted Best Bid/Offer), hybrid order book and trade feeds from the new pan-European stock exchange via off-the-shelf CityVision products, such as Excelerator for real-time data in Microsoft Excel and the CityVision Calculation Engine, which offers high speed data processing to support price comparisons and algorithm trading decisions.

The new development will also provide access to the Equiduct feed via powerful CityVision DNA (dot net api) module, which allows developers using Microsoft's .net languages rapidly to create high performance applications very simply. It will also enable CityVision to publish Equiduct data directly onto the Reuters RMDS platform instead of via vendors, thus considerably reducing the latency for delivery.


Andrew Miller, managing director of Arcontech, commented: 

'This is another example of the benefits of our independent market data platform components approach. Deploying our FIX engine interface and feed server API greatly reduces development time for basic feed handling and, once that is done correctly, the data is immediately available to the rest of our components. We are now ready, well ahead of the Equiduct live date, to work with firms wishing to take advantage of integration with the new exchange.'

For further information please contact:

Arcontech/KTS
Andrew Miller	020 7256 2300
Smithfield (PR advisers to Arcontech)
Katie Hunt / Will Henderson	020 7360 4900

Notes for Editors

About Arcontech

Arcontech, a wholly owned subsidiary of KTS, is an award-winning developer of mission-critical software for real-time market data transmission and trading. Its diverse clients cover a wide range of users of market data, including leading City institutions, National Government, Banks, Brokers and Data Vendors through to Internet Bookmakers.

Formed in 1979, Arcontech has thrived due to timely delivery of dependable, cost-effective solutions to the financial community.

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. 

Arcontech has experience of a wide range of technical concepts and applications and the ability to combine the best from each. Key areas of expertise include: 

• Market data infrastructure 

• Contracts for difference trading and spread betting systems 

• Real-time internet distribution 

• Multi vendor data contribution 

• Platform integration and protocol conversion 

• Consulting and custom development 

For more information please visit www.arcontech.com and www.ktsplc.com. 

 

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