Tullett Financial Offers Customers Internet Access to Data Products

17/05/2004

Tullett Financial, a leading provider of real-time money markets, interest rate derivatives and fixed income price information from the inter-dealer market, today announced that it has launched a service which offers customers direct Internet access to Tullett Financial’s premium data products; SwapMarker, MortgageMarker and TreasuryMarker.

The data can be viewed in two ways. The first is a light application, downloaded by the client, which enables the delivery of Tullett Financial’s information products via the Internet direct to user workstations. Once installed, the application consists of the Tullett PageViewer enabling a user to view data within Tullett Financial-designed intuitive page displays. Blocks of data and their underlying records can then be highlighted, dragged, and dropped into Microsoft Excel spreadsheets for manipulation and in-depth analysis. The underlying records within the spreadsheet continuously update in real-time. The application also has an Excel add-in for enhanced functionality which allows the user to set up chains, tables and pages directly from within Excel. All data viewed in Excel is “pushed” in a real-time event driven manner and displayed in an efficient “array” form to minimise workstation CPU load.

For organisations that simply want to view the pages from SwapMarker, MortgageMarker or TreasuryMarker without accessing the underlying records, a second method of access is available via http://www.tullettfinancial.comthrough a user’s web browser. This method provides the ability to launch floating windows for more efficient use of the desktop.

The technology underlying both services is the CityVision StarNet product from real-time market data applications specialist, Arcontech.

Commenting on the launch of the new Internet delivered services, David Mukerji, Director and Global Head of Sales for Tullett Financial said, “We are already seeing significant interest in this new delivery channel from our customers. It has proved of particular interest to users within large customer sites and smaller firms who do not have access to or require the breadth of content provided by traditional vendor terminals, but who do require a broad spectrum of fixed income, interest rate derivatives and money markets information at a cost effective price point. Furthermore, the ability to consume our information within spreadsheets over the Internet, in addition to viewing the page displays, provides these customers with a level of functionality and utility hitherto only available via vendor terminals.”