Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Stephen Wood, OpenFin

29969

MDX Technology market data connectivity now available via OpenFin

RELATED TOPICS​

Market data solutions provider MDX Technology (MDXT) has become the first provider of connectivity to real-time market data to integrate with OpenFin, enabling financial institutions and FinTech firms to consume multi-vendor market data feeds.

With an extensive library of market data interfaces, MDXT enables OpenFin clients to connect their desktop applications to a broad range of real-time market data feeds via a single API, providing uniform access to a variety of providers, so data can be consumed by desktop and web applications, as well as excel spreadsheets. This allows users to select the best-of-breed market data provider that best fits their trading requirements and enables institutions to deliver internally derived pricing to internal proprietary and client web applications.
 
As a result of the application interoperability inherent to all financial desktop applications built on the OpenFin Operating System (OS), the whole ecosystem of fintech firms and financial institutions operating applications on OpenFin are able to consume fully entitled and controlled data from all major third-party providers via MDXT. This fundamentally changes the way the industry is able to consume, harness and exploit the true value of market data.
 
OpenFin is the de-facto digital infrastructure provider for capital market firms and the technology companies building solutions to support them. Licensed to more than 175,000 desktops, the OpenFin OS provides a web environment for agile application development and is now used to deploy more than 1,000 applications, including mission critical trading, risk and order management systems, to more than 1,500 major banks and buy-side firms.
 
Steve Wood (pictured), Global Head of Enterprise Deployment at OpenFin, says: “We’re delighted to welcome MDX Technology to our community. As a market data connector, they are able to offer the growing number of companies in our ecosystem – including buy-side, sell-side firms and vendors – real choice in the data consumed by their desktop applications.  Data is distributed directly to web applications and app builders can now subscribe to market data via MDXT through the OpenFin Services framework.”
 
Richard Gissing, CTO of MDXT, adds: “We are excited to bring our multi-vendor, real-time market data connectivity to OpenFin’s universe of customers. By making our extensive library of market data interfaces available via the OpenFin OS, MDXT opens up access to a wider potential audience of OpenFin users requiring market data in their applications.”
 
MDXT ConnectExcel (Excel add-in) and MDXT ConnectAPI (abstraction layer available for .Net, C++, Python and R) provides uniform access to real-time market data from Activ Financial, Bloomberg, Exegy, Refinitiv, Solace, Sungard, TIBCO, Vela, amongst others. The new MDXT ConnectOF extends the platform benefits to OpenFin users.

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by