DataGenic and GFI Group Enter Data Distribution Agreement
LONDON, March 20, 2017 /PRNewswire/ --
DataGenic, the leading global provider of on premise and in-cloud Smart Commodity Data Management solutions, today announced it has entered into a data distribution agreement with GFI Group, a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC") operating as an intermediary in the global OTC and listed markets.
Under the agreement DataGenic becomes a licensed carrier of GFI European Energy data allowing it to provide GFI market data across its suite of commodity data management solutions, including Genic DataManager and Genic CurveBuilder RT.
At launch, the available data will include European Power, European & UK Gas, Coal, and Global Dry Freight data from GFI's EnergyMatch Europe platform, with additional European and US energy data sets scheduled for "on-boarding" in the coming months.
"We are delighted to partner with one of the world's top brokerage firms which is important to our clients and our business strategy as the world's go-to partner in data management solutions - providing normalised and quality assured premium content that is accessible as part of our award-winning solutions or our via our self-service data mart and API's", said Richard Quigley, CEO of DataGenic. "With over 600 feeds, and a mixture of real-time and end-of-day content, DataGenic now manages 100 million data points on a daily basis for its growing global client base."
"As the exclusive distributor of GFI Market Data, FENICS Market Data continually look to expand our distribution channels with industry leading partners. DataGenic fits this profile very well" said Mike Morris, Head of Partnerships at FENICS Market Data. He continued "FENICS Market Data represents a number of hallmark Market Data brands and look forward to working with DataGenic to further expand our relationship as we bring additional Energy datasets from the BGC Group to market"
DataGenic is the leading global provider of on premise and in-cloud Smart Commodity Data Management software, delivering intelligent analytics, real-time data content and proven business value. Its innovative solutions include a data-agnostic multi-commodity data management platform, visual mapping and management of business processes, extensive and extensible data quality management, unlimited forward curves construction and an intelligent decision framework.
Founded in New York in 1987, GFI provides competitive wholesale market brokerage services in a multitude of global over-the-counter (OTC) and exchange listed cash and derivatives markets. Over more than 25 years, GFI has expanded both organically and through acquisitions into a broad range of markets, including fixed income derivatives, cash fixed income, emerging market financial products, energy and commodity derivatives, and equities. GFI prides itself on its reputation as an industry leader across these markets, regularly ranking highly in market surveys published in leading industry publications. GFI operates a hybrid brokerage strategy, combining experienced voice brokerage with best-in-class trading technology.
About FENICS Market Data
FENICS Market Data is one of the world's leading specialist providers of real-time, tradable, indicative, end-of-day and historical OTC market data. Data is sourced directly from global broking operations including electronic broking, global pricing systems and analytics to provide clients with specialized, independent and verifiable OTC pricing services.
For further information, please contact: Frank Steiner, Marketing Manager, Email email@example.com, +44-(0)20-3814-8505.
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