BCC Group and Lightstreamer announce partnership to extend market data in the cloud offering
Elasticity, resilience, security, and cost management, these are the reasons the financial services industry is now embracing cloud solutions for all workloads. BCC Group is a leader in cloud ready solutions and their flagship product, the ONE Platform, is a vendor neutral cloud native market data platform. Lightstreamer is a lead provider of cutting-edge real-time data streaming technology. The two companies aim to demonstrate and expand what is possible utilizing cloud services for market data.
The collaboration between BCC Group and Lightstreamer will allow capital market data consumers to access real-time internal and external market data and distribute it through a single platform, the BCC-ONE Platform. This solution effectively eliminates many of the concerns around network connectivity and middleware for data distribution across all applications. Once the data is on the platform, it can be accessed by terminals, desktop applications, analytics engines, regulatory reporting, and other requirements.
The joint offering from BCC Group and Lightstreamer provides an open solution for resilient distribution of streaming real-time and reference data. It can be deployed in the public, private, hybrid or multi-cloud. And if necessary, on premises. This deployment will allow customers to transform their market data environment from both commercial and technical perspectives.
“We are very thrilled to power a totally new generation of market data in the cloud”, commented Alessandro Alinone, CEO of Lightstreamer. Mauricio González Evans, CEO of BCC Group, added,“ With our joint offering we are one step closer to giving the data consumer better control over their data sources and the cost of this data.”
BCC Group’s ONE Platform encompasses various features such as feed handlers, last value caches, publishing, authentication, entitlement management, scalable fan-out, and out-of-the-box GUI integration. These capabilities are all integrated into a single market data platform, accessible through the ONE API.
Both companies encourage interested parties to visit bccgi.com or lightstreamer.com to learn more about their collaborative efforts in bringing market data to the cloud.
Lightstreamer is a pure play in the segment of event-driven architectures (EDA), leveraging its intelligent event broker for real-time data streaming optimized for the Internet. The company has established its reputation as a global leader, serving over 300 customers across the globe, deploying more than 10,000 servers, and catering to over 100 million end-users. Notably, Lightstreamer has earned the trust of renowned organizations such as Morgan Stanley, E*TRADE, NASA, Sony, eToro, IG, and many others. Lightstreamer stands out from its competitors due to its unique adaptive streaming and dynamic throttling capabilities, which enable it to deliver real-time data to remote web and mobile apps regardless of available bandwidth and connectivity quality.
About BCC Group
BCC Group is a Frankfurt-based software house specialized in the development and delivery of high-quality software solutions for the financial industry. For nearly two decades, they have supported customers in market data technology, market data processes, end user experiences, and solution design and delivery. With their core competence in the development of solutions based on financial market data feeds, BCC Group created the ONE Solution, the world’s first real-time streaming financial data enterprise platform in the Cloud. The ONE Solution has been approved by FactSet, ICE, Bloomberg, LSEG/Refinitiv, IRESS, TP ICAP, Morningstar and other vendors. To learn more or test their platform on premises or in the cloud, visit http://www.bccgi.com.