Elektron is the firm’s next generation high speed network and hosting environment that enables financial firms to access and share information faster and more cost effectively. The latest system is designed to address the challenges faced by the financial services community.

The intelligent information services provider said that for the first time, hedge funds, asset managers, banks, brokerages, exchanges and other participants will be able to connect to the world’s largest financial community and securely reach trading partners over the network.

The network aims at enabling firms to trade faster, using the most complete coverage of real time financial information available, connect to more markets and interact freely across a global, resilient and secure cloud. according to Thomson Reuters, businesses can save operational costs, reduce time to market, and professionals can have the opportunity for the open exchange of data, transactions and new business transactions.  Source:  Thomson Reuters

BIIA Newsletter June I -2010 Issue