Colt, NovaSparks Ally for FPGA-Normalized Tokyo Feed

The vendors will make the datafeed available at TSE’s co-location center, and enable access to the data via Colt’s MarketPrizm API, allowing clients to “benefit from the ultra-low latency and deterministic performance of FPGA technology combined with the flexibility and ease of use of Colt’s API,” officials say.

Because the integrated solution is run as a managed service, clients will not need to invest in any other technology to exploit the FPGA-normalized feed, which performs the normalization in less than a microsecond.

“Capital markets firms face significant challenges to remain competitive. A number of our customers have expressed interest in a managed FPGA market data solution, combining ultra-low latency and flexibility to help them succeed—and without upfront investment costs,” says Andrew Housden, vice president of capital markets at Colt.