NYSE Technologies, a commercial technology unit of NYSE Euronext, has signed an agreement with Societe Generale, an European investment bank, for its market data cost management software and services, Data Access and Reporting Tools Usage Analysis for Bloomberg terminals.
NYSE Technologies’s managed service offering is claimed to provide comprehensive business-focused reports that allow Societe Generale Corporate & Investment Banking to reduce its market data costs and minimise the administrative overhead for its market data operations.
Societe Generale Corporate & Investment Banking already uses NYSE Technologies’s Data Access and Reporting Tools (DART) Usage Analysis for Reuters globally.
Steve Cowler, managing director of global market data at NYSE Technologies, said: DART Usage Analysis is an innovative solution that allows firms to better control their market data costs. Societe Generale Corporate & Investment Banking joins a growing list of over 30 of the world’s top financial institutions employing the DART Usage Analysis suite; a well defined, robust product portfolio with superior functionality.
NYSE Technologies provides software, market data products and data management applications and exchange technology for trading firms, vendors and financial markets around the world. With offices across the US, Europe, Singapore and Japan, NYSE Technologies is capable of supporting the trading operations of global financial institutions and exchanges.
