SpryWare LLC, a premier provider of real-time market data solutions for securities traders has been acquired by Pico Quantitative Trading Holdings LLC, whose businesses include a financial technologies services firm and an agency broker dealer.
SpryWare, based in Chicago, IL, offers fully managed direct market data access and real-time ticker plant technology designed for low latency real-time access to data from securities markets around the world. SpryWare’s market data feed handler solutions process millions of messages-per-second on the smallest possible hardware footprint, giving clients a better balance between performance and cost of ownership. Many of the most sophisticated trading firms rely on SpryWare’s technology.
Pico Quantitative Trading Holdings LLC, based in New York City, operates a leading financial technologies services firm which provides infrastructure, integration management, and software solutions to a wide range of financial services firms and an agency broker dealer.
In the fall of 2013 SpryWare had entered into a strategic partnership with Pico Technologies which culminated in a complet acquisition by Pico.
Source: Marlin & Associates