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April 12, 2007 13:12 IST
India's leading technology solutions provider to financial markets--Financial Technologies--has launched a media company to provide global content, data, news and analytics for the country's booming capital and commodity markets. Named Tickerplant Infovending Ltd, the new company plans to transmit customised content, accurate and exhaustive data, top FT officials said.
Dewang Neralla, co-founder and chief technology architect of FT said Tickerplant aims to create a digital infrastructure to disseminate real-time, low latency ticker feed of over 100 market segments across the globe over a period of time.
The Tickerplant data management capabilities will provide enhanced data aggregation, indexing, and searching facilities to meet the information needs of its clients.
"Tickerplant endeavor is to empower the Indian Retail Investor by providing Invaluable market Information at Affordable Value and drive prosperity to the last mile through democratization of market intelligence data. The goal is to level the playing field for the smallest Indian investors by bringing 'Wall Street to the Man on the Street' " Neralla pointed out.
Tickerplant will provide exchange feeds for Indian and International Equities, Commodities, Forex, and Precious market rates & news. Tickerplant's digital broadcasting station will ensure seamless availability of critical market data and solutions to facilitate need based customisation.
Tickerplant's terminal based services for Market Data & News include a set of exclusive products which facilitate easy and accurate access to exhaustive market data and contents.
Navin Kumar, chief operating officer of Tickerplant said the company is all geared up to provide real-time market data across domestic and international exchanges that cover indices and individual scripts.
"Tickerplant is in the business of information retailing by providing data, news and analytics for financial markets," Kumar said.
FT officials said the media venture from the company vibes well with the other ventures that it has successfully launched in the last few years.
FT has promoted Multi Commodity Exchange, India's No. 1 multi commodity derivatives exchange; DGCX (Dubai Gold and Commodities Exchange), the first international commodity derivatives market in the Middle East and IBS Forex, inter-bank foreign exchange platform. Other key exchange ventures from FT include NSEL (National Spot Exchange), SNX (Safal National Exchange) and GBOT (Global Board of Trade, Mauritius).
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