SR Labs ensures clients’ readiness for OPRA increased data volume challenge
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Removes need for unnecessary infrastructure and bandwidth
New York, London, 1st March 2016 - The latest announcements by the Options Pricing Reporting Authority (OPRA), of changes to its Expanded Message Header, are expected to result in hugely increased data volumes. SR Labs, a global leader in enterprise-grade market data and trading technologies, is pleased to confirm that the changes will have a minimal impact on the data volumes that their clients are processing via the Filtered Options Feed (FOF) solution. SR Labs FOF is a fully managed market data feed that provides filtered U.S. options market data with greatly reduced bandwidth and infrastructure requirements. FOF provides clients with the flexibility to consume only the data they need, with no code changes required to existing feed handlers. FOF’s most unique feature is the delivery of data in the identical multicast binary protocol as OPRA’s raw multicast feed. With OPRA now supporting a new Transaction ID field, to allow participants to cross-reference inbound transactions with outbound transactions, it is projected that peak data volume will require bandwidth of 20 Gbps by July 2016. This will require customers consuming the OPRA direct feed to rethink capacity around network bandwidth, feed handler capacity, and infrastructure expansion. The FOF delivers a greater than 75% bandwidth reduction on the OPRA feed, ensuring that its consumption remains easy, affordable and predictable as OPRA continues to grow at an exponential rate. Clients receive both Trades and NBBO data in real-time, or conflated, as their systems require.
Jennifer Nayar, CEO SR Labs said, “We’ve seen concern building over the OPRA header change implemented on February 29th, which is projected to increase message sizes by as much as 30%”, she added “our FOF clients remain confident and secure in the knowledge that this change, which may overwhelm direct OPRA consumers, will have little impact on their infrastructure.”
For more information contact SR Labs sales@srtechlabs.com +1 646 713 2776For media enquiries please contact Melanie Budden The Realization Group melanie.budden@therealizationgroup.com +44 (0) 7974 937970