New York and London, U.K. – February 14, 2011 - ACTIV Financial, a global provider of fully managed low-latency market data solutions, today announced another year of high growth and innovation for the fiscal year ending Dec. 31, 2010. Throughout the year, ACTIV not only significantly strengthened its global presence through increased data centers but achieved record customer integration by adding more than 90 new clients. ACTIV also lead the industry migration towards hardware-accelerated solutions by introducing its 2nd generation FPGA-accelerated market data offering, ACTIV MPU Gen2.
ACTIV’s growth in 2010 was supported by the addition of more than 30 new staff members, including an expanded focus on customer support. The company also expanded its global footprint by adding new data centers in Toronto, London and Tokyo and added or enhanced several dozen global feed handlers with particular focus on new liquidity exchanges and FX content. ACTIV’s FPGA-accelerated offering, MPU Gen2, debuted in November to strong industry acclaim, offering clients the ability to drastically reduce their hardware footprint and control their data management costs while maintaining the microsecond performance expected across the industry. Additional company highlights for the year include
Frank Piasecki, President of ACTIV Financial, said, “Our success in 2010 is a reflection of ACTIV’s continued commitment to innovative solutions which are always born from client feedback.” He continued, “Our clients want the ability to perform at the highest levels while still maintaining control of cost. ACTIV has responded to these demands with ground-breaking offerings designed to give our clients a competitive edge in the markets both today and in the years ahead.”