ITRS partners with MarketsIO to drastically enhance data management and monitoring for the financial services industry
London: 10 December 2024 – ITRS, the leading provider of real-time IT monitoring and observability solutions, and MarketsIO, a specialist in next generation data and marketplace technology solutions for financial services, today announced the launch of a strategic partnership to provide world-class data management and monitoring to the financial services sector.
Financial firms need the ability to continually monitor and analyse market feeds, define parameters for data quality, and take rapid, corrective measures when issues occur. ITRS Geneos is widely recognised as the gold standard for market data management, enabling firms to observe numerous market feeds and in-house data sources with ease.
EventStream, MarketsIO’s Universal Data Platform, delivers market leading performance in terms of latency, scalability, and ease of use. With the adoption of a native plug-in for ITRS Geneos, MarketsIO can seamlessly incorporate Geneos' advanced market data monitoring capabilities into EventStream. The native plug-in will reduce the configuration burden for banks and brokerages and simplify the integration of Geneos into MarketsIO’s existing monitoring infrastructure.
The partnership is a win-win for both parties, combining ITRS’s vast experience in real-time data monitoring and MarketsIO’s deep expertise in capital markets data. It adds to ITRS’s extensive library of native plug-ins and demonstrates the company’s commitment to quickly providing value to customers.
Commenting on the partnership, Rodney Taylor, Global Head of Partners and Sales at ITRS, says: “At ITRS we are always looking to help our customers innovate and ensure that they can utilise the latest technologies. This partnership sends a clear signal that we are continually evolving our platform to match the changing demands of our customers. The MarketsIO team bring a wealth of experience in capital market data solutions and we’re thrilled that this collaboration will strengthen our ability to deliver advanced monitoring solutions.”
Terry Roche, CEO at MarketsIO, adds: “This partnership underscores our shared dedication to driving innovation in the financial services sector. By seamlessly integrating ITRS Geneos’ industry-leading monitoring capabilities with our cutting-edge EventStream platform, we empower clients to optimise their market data with unparalleled resilience, speed, efficiency, and advanced capabilities. We are redefining the standard for data technology in financial services.”
ENDS
About ITRS
ITRS delivers IT observability with a purpose. We provide AI-powered observability and monitoring solutions for mission-critical IT applications, infrastructure, and web services in industries where every second lost impacts business performance. As the leading provider of real-time actionable insights, we enable meaningful decision making by contextualising large volumes of data from the broadest range of technologies — from on-prem to the cloud and everything in between. We drive business resilience, performance, and agility for the most demanding industries, guaranteeing customers can run seamless, always-on operations and drive business transformation.
For more information go to www.itrsgroup.com. Follow us on LinkedIn
About MarketsIO
MarketsIO is a pioneering technology company specialising in delivering innovative, risk-free, and scalable solutions for the financial services industry. With a strong focus on transformation, MarketsIO empowers businesses to overcome the costly legacy challenges of data sourcing and distribution, providing them with choice and empowerment through cutting-edge technology and expert insights. Our mission is to modernise financial services data by adhering to the core principles of freedom and openness, ensuring that everyone can make informed decisions about their data and technology without the constraints of outdated systems.
With decades of experience, MarketsIO is the only independent software provider that offers a comprehensive technology stack that includes a multi-platform API suite, Data Platform, Entitlements and Control, and more. We are dedicated to driving technological advancement and empowering financial services with state-of-the-art solutions.