Thomson Financial Signs Global Agreement with Wombat to Embed Low Latency Technology into Thomson Data Feed
Flexible Thomson Data Feed to Power Client Applications
NEW YORK, NY 02/21/2007, Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC, TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced a commercial agreement with Wombat Financial Software Inc., a leader in low latency technology, to embed their technology with Thomson Financial’s real-time Thomson Data Feed (TDF).
Through TDF, Thomson Financial will offer low latency access to exchanges, with multiple deployment options, including on-site, hosted, and co-location services. These new capabilities powered by Wombat, along with a new single application programming interface, will give clients access to exchanges available in low latency, as well as Thomson Financial’s universe of real-time content: Over 160+ exchanges, Level I prices, order books, Thomson TradeWeb pricing, Thomson Financial News, Thomson AFX and fixed income data. TDF will also integrate into the most commonly deployed market data platforms.
“With this partnership, Thomson Financial is poised to deliver to clients our extensive content at minimal latency across the globe,” said Matthew Burkley, President, Enterprise Solutions, Thomson Financial. “We are focused on the future; as a result, the embedding of the Wombat technology is one of the key pieces to providing an enterprise data feed solution to our clients – one which positions them to take advantage of the increasing performance demands of the market.”
A full product announcement will follow at a later date.
About Thomson Financial
Thomson Financial, with 2006 revenues of US$2 billion, is a provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (www.thomson.com), a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
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- Vice President, External Communications
- The Thomson Corporation
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