DGAP-News: StockTouch to Leverage NASDAQ OMX FinQloud for Processing Power and Data Hosting
(firmenpresse) - The NASDAQ OMX Group, Inc.
23.09.2013 16:11
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Mobile App Becomes Newest Contributing Member to the Financial Services Cloud
Ecosystem
NEW YORK, 2013-09-23 16:11 CEST (GLOBE NEWSWIRE) --
StockTouch announced today that the leading financial application used to
monitor and understand the stock market will be powered by NASDAQ OMX FinQloud,
a secure, cloud computing platform designed exclusively for the financial
services sector and powered by Amazon Web Services (AWS). StockTouch is a
mobile application that displays a series of color coded heat maps that give
users the pulse and direction of the market, categorized across industry
sectors.
The FinQloud platform allows StockTouch to store and compute the same type of
commercial data used by institutional investors, powering the application's
proprietary, user-friendly heat maps for 4,000 total securities. By operating
within FinQloud, StockTouch will enable its 500,000 users to quickly analyze
reliable data, saving the company maintenance costs associated with speed of
processing. StockTouch's innovative delivery of financial information with
mobile gaming data protocols is supported by the scalable computing power of
FinQloud, which creates output files to regularly refresh visualizations, and
renders 30 frames per second animations. Also, StockTouch will be able to
easily expand its cloud architecture to accommodate broader application
features or business partnerships within the FinQloud open ecosystem.
'StockTouch moved its operations into FinQloud to be closer to its contributing
members from the investor community, and to benefit from the same reliable
handling of the data we provide,' said Jennifer Johnson, Founder of StockTouch.
'We feel that FinQloud could support StockTouch for the long-term, as we engage
closely with individual and institutional investors to provide additional
trading tools for the future.'
'FinQloud is the only capital markets ecosystem that is developed for an open
environment with commercial cloud technology, and we're thrilled to welcome
StockTouch,' said Julia Sears, Associate Vice President of FinQloud at NASDAQ
OMX. 'We continue to foster innovation within FinQloud. That's the real value.
Members of the financial services community, both large and small, can now meet
in a secure environment to build new solutions for their data management.'
About FinQloud:
NASDAQ OMX FinQloud, powered by Amazon Web Services, is a secure, cloud
computing platform designed exclusively for the financial services sector.
FinQloud combines AWS cloud computing expertise with enhanced security from
NASDAQ OMX to provide cost-effective and efficient management, storage and
processing of financial data. FinQloud can help firms significantly reduce the
operational costs and complexities associated with data and infrastructure
management - enabling more effective deployment of scarce resources.
A product of NASDAQ OMX's unique financial technology domain expertise and
Amazon's secure, flexible and cost-effective cloud infrastructure, FinQloud
enables financial market participants to benefit from the economic and
performance advantages of cloud computing, in a manner designed to help
customers comply with regulatory and security requirements. Flexible, reliable
and highly scalable, FinQloud is fully-managed and designed to immediately help
firms reduce their technology burden, aid in compliance and refocus resources
on revenue driving activities, even as data volumes and regulatory initiatives
continually rise. To learn more visit www.nasdaqomx.com/FinQloud or contact
FinQloud(at)nasdaqomx.com.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-40 microsecond speeds with 99.99%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to approximately 3,400 listed
companies worth $6 trillion in market cap whose innovations shape our world, we
give the ideas of tomorrow access to capital today. Welcome to where the world
takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn
more, visit nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
FinQloud and NASDAQ OMX's other products and offerings. We caution that these
statements are not guarantees of future performance. Actual results may differ
materially from those expressed or implied in the forward-looking statements.
Forward-looking statements involve a number of risks, uncertainties or other
factors beyond NASDAQ OMX's control. These factors include, but are not limited
to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic
reports filed with the U.S. Securities and Exchange Commission. We undertake no
obligation to release any revisions to any forward-looking statements.
-NDAQG-
StockTouch Contact:
Jennifer Johnson
Jennifer(at)StockTouch.com
NASDAQ OMX Media Contact:
Robert Madden
+1 (646) 441-5045 (office)
+1 (347) 740-0191 (mobile)
Robert.Madden(at)NASDAQOMX.com
News Source: NASDAQ OMX
23.09.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
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ISIN: US6311031081
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Datum: 23.09.2013 - 16:11 Uhr
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