We provide best-of-breed technology and managed services for the normalization and distribution of real-time market data to élite firms in the financial services industry.
Exegy was founded in April 2003 to commercialize computing technology developed in the School of Engineering at Washington University in Saint Louis. Exegy first applied its hardware acceleration technology to massive data mining problems faced by the national intelligence agencies. Exegy’s first computing appliance performed exact, approximate, and regular expression pattern matching against textual data. In 2005, Exegy began developing real-time data appliances for the financial services industry, armed with executive and senior technical talent with experience at Bridge Information Systems and Reuters. Historically, Wall Street is an innovation-friendly community with extremely high demands for processing massive amounts of data, very fast.
Exegy successfully demonstrated the world’s first hardware-accelerated ticker plant appliance in New York in June 2006. A ticker plant or market data system is a computer system dedicated to consuming and normalizing real-time financial data – trade reports, quote prices, and order book events from exchanges and alternative trading systems. These systems have become increasingly important as exchanges have closed trading floors and become electronic. The first Exegy Ticker Plant appliance demonstrated capacity and speed that outpaced state-of-the-art systems by a factor of ten. Exegy never looked back, improving the performance of its flagship Ticker Plant product by another factor of ten in the next major release.
The Company Today
Exegy provides best-of-breed technology and managed services for the normalization and distribution of real-time market data to a diverse set of élite firms in the financial services industry. Today Exegy serves as a strategic partner to leading exchanges, market makers, sell-side banks, buy-side asset managers, and proprietary traders. Exegy solutions normalize, enrich, cache, and distribute real-time market data sourced from over 200 direct and vendor consolidated data feeds to customer applications. Market coverage spans North America, Europe, Africa, and Asia, while asset class coverage includes equities, options, futures, complex derivatives, indices, and foreign exchange instruments. At the heart of Exegy’s product line are purpose-built, hardware-accelerated appliances derived from an extensive portfolio of patented and patent-pending technology.