February 13, 2006
MarketXS teams with Dealing Systems Limited to provide the DealXL
calculation suite to MarketXSPro users
Amsterdam - Netherlands and London - UK, February 13th 2006:
Today MarketXS, a leading supplier of real-time market data technology
and trading solutions, has signed a deal with UK-based Dealing Systems
Limited (DSL) to provide DSL's decision support software product, DealXL,
to the extensive MarketXS user base as a bundled package.
Coupling DealXL with MarketXSPro for Forex and Money Markets will enable
MarketXSPro users to extract huge extra value from the data feed
delivered by MarketXS, by providing a series of integrated applications
covering key trading areas such as Forex Arbitrage, Cross Currency
Forwards, FRA Pricing from Futures and Forex Forwards pricing from
Futures.
DealXL is already used by many of the world's leading Treasury operations
including HBOS London, Scotiabank, Svenska Handelsbanken, Credit
Lyonnais, AIB, Banca di Roma as well as key money brokers such as Martins
Brokers. It is primarily used within the Forex and Money trading rooms of
Banks and Corporate Treasuries.
Ronald Kleinveld, COO MarketXS says 'At MarketXS we have partnered with
various providers of analytical tools with a view to make a wide range of
specialist functions available to our users, selected from leading
providers around the globe. As a leading calculation suite in particular
in the areas of Forex, Money Markets and Derivatives, we consider DealXL
to be another great addition to our market data and analytics offering.'
Hugh Curran, CEO Dealing Systems Limited says 'We are delighted to have
teamed up with MarketXS. They are a vibrant, open company, with a
'can-do' attitude which closely matches our own. This arrangement widens
our reach in Europe by providing additional functionality and value to
the growing MarketXS user base.'
Ruud Van Der Wijngaart, Market Data Management, SNS Financial Markets
says 'We like the first class support that Dealing Systems provide. They
are responsive and genuinely interested in any problem.'
About MarketXS
MarketXS is a leading provider of real-time market data technology and
trading solutions. Over 350 customers use its high-availability market
data infrastructure, the Finance Engine(tm), to power terminals,
websites, transaction systems or any other real-time market data
application for front, middle or back-office with any source of data.
Rendering conventional market data systems obsolete, the Finance
Engine(tm) provides maximum flexibility, rapid deployment and low total
cost of ownership. MarketXS data sources include ComStock, Dow Jones
Newswires, Telerate, Standard & Poor's FT Interactive, etc. and direct
feeds from major exchanges and inter-dealer brokers. MarketXS has offices
in The Netherlands, Belgium, Luxembourg and Germany and is the exclusive
distributor of Telerate products in the Benelux region. MarketXS is also
the exclusive distributor in Europe, Middle East & Africa for the HMDP
(based on TRS technology) and OCC (based on Active8 technology) products
from Hyperfeed.
About Dealing Systems Limited
Dealing Systems Limited is a UK software company providing products and
services to Treasury operations worldwide. Dealing Systems' flagship
product is DealXL, a set of pricing tools providing decision support to
Foreign Exchange and Money Market traders.
The company licences its products to many of the world's leading
institutions - such as Scotiabank, Svenska Handelsbanken, HypoVereinsbank
and AIB.
In addition to product supply, Dealing Systems provides customization and
support to ensure optimal integration of standard real-time data feeds
and internal data sources
For further information please contact:
Ronald Kleinveld, COO
Market XS
Phone +3120 50 25 800
Email: ronald.kleinveld@marketxs.com
Website: www.marketxs.com
Hugh Curran, CEO
Dealing Systems Limited
Phone +44 20 7538 5235
Email: hugh.curran@dealing-systems.com
Website: www.dealing-systems.com