This partnership enables a generational step forward in market data distribution by leveraging the cloud to significantly reduce complexity and cost.
May 17, 2019 – BCC Group, a Frankfurt-based FinTech specializing in the development of software products for the financial services industry, today announced a partnership with Solace Corporation. Solace is the creators of Solace PubSub+, an advanced event broker that enables smart data movement. By enabling interoperability between their solutions, BCC Group will reduce the cost and complexity associated with market data distribution systems.
Under the agreement, Solace PubSub+ will serve as the messaging middleware layer for the BCC Group’s flagship product, The ONE Solution. The ONE Solution provides a source neutral cloud platform that transforms, entitles, and distributes real time streaming market data globally over the single ONE API. It can be deployed in a private, public or hybrid cloud environments.
“Our goal for the ONE Solution has been to take a generational step forward in the market data space by finally putting the data consumer in the driver’s seat,” began Mauricio Gonzalez Evans, CEO at BCC Group. “With Solace’s industry-proven messaging middleware as the backbone, we are disrupting the market by rapidly moving market data into the cloud.”.
Capable of running across distributed environments or in a single box, the ONE Solution will leverage the power of PubSub+ and enterprise container platforms such as Docker to let data consumers instantly stream data from any market data vendor or exchange. It can also ingest and distribute internal data fully entitled via the ONE API.
“The combination of BCC Group’s market data expertise and Solace’s event streaming capabilities provides global financial institutions with unparalleled speed and security,” said Paul Fitzpatrick, Chief Business Development Officer, at Solace. Today’s market data consumers demand better data services than ever, and we’re excited to work with BCC Group to deliver this through the ONE Solution”
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 the area of market data technology, market data processes and spreadsheet integration technology. With their core competence in the development of solutions based on financial market data feeds, BCC Group created ONE Solution, the world’s first real-time streaming Financial Data Enterprise Platform in the Cloud that has been approved by ICE, Bloomberg, Thomson Reuters/Refinitiv, Morningstar and other vendors. To learn more or test their platform on premises or in the cloud, visit http://www.bccgi.com.
Solace is the only unified advanced event broker that supports publish/subscribe, queueing, request/reply and streaming using open APIs and protocols across hybrid cloud and IoT environments. The company’s smart data movement technologies rapidly and reliably route information between applications, devices and people across clouds. Established enterprises such as SAP, Barclays and the Royal Bank of Canada as well as high-growth companies such as VoiceBase and Jio use Solace to modernize legacy applications and successfully pursue analytics, hybrid cloud and Internet of Things strategies. Learn more at https://solace.com.