MayStreet, which provides next-generation market access and analytics software, has created a high-precision, packet-capture and processing service for the U.S. equities, options and futures markets.
This Data-as-a-Service (DaaS) will give trading firms the ability to combine high-precision, GPS packet-capture data (.pcap) collected at each liquidity site and cloud-based computing resource.
By combining high-quality data, high-precision packet capture, cloud computing and our Bellport software suite, buy-side and sell-side firms now can quickly merge large, unwieldy amounts of market data with order-entry and trade information for a comprehensive view of the markets at exacts points in time in the past – a distinct competitive advantage, notes MayStreet co-founder and CEO, Patrick Flannery.
Flannery adds that clients using a combination of packet-capture, MayStreets Bellport software suite and cloud-based computing resources to build affordable, best-in-breed research and compliance infrastructures.The MayStreet DaaS uses cloud-based, post-processing and computing resources to allow firms who are moving from high-precision data to particular data formats to have an easier transition into research and compliance workflows.
