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Vhayu Tick Processing Engine Adds 29 New Customers in 2007

Vhayu says 29 new customers globally were added to its client roster during 2007, tripling the company’s revenue in the process. The new customers have licensed Vhayu Velocity either directly from the company or as the Reuters Tick Capture Engine, powered by Vhayu Velocity, which Reuters resells under a non-exclusive licence.

The associated growth in revenue reflects the increase in market data volumes and customer requirements for systems capable of supporting this surge in data, which is expected to continue well into 2009 and beyond, the vendor reckons.

Vhayu News Release External Link

[tags]Vhayu, Vhayu Velocity, Reuters, Reuters Tick Capture Engine[/tags]

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