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DelphX Connects to Thomson Reuters for Real-Time Cloud Data Services

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Facility will provide robust Elektron Data Feeds for DelphX pricing of new CPO, CRN and Underlying Securities

DelphX Capital Markets Inc. (DELX.V) (“DelphX“) announced today that it is working with Thomson Reuters to price its new CDS-alternative securities that are designed to enable credit investors to hedge risk, enhance yield and lower their exposures though risk-pooling.

Stephen Bacso
Stephen Bacso

“We needed a solution that could integrate easily with our distributed systems and accommodate low latency incoming flows of market-pricing data. We found the Elektron Data Platform cloud delivery to be ideal for our purposes,” stated DelphX CTO, Stephen Bacso.

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Brennan Carley
Brennan Carley

“Innovative businesses like DelphX need comprehensive and robust data to power their applications and serve their clients,” said Brennan Carley, Global Head of Enterprise Proposition & Product at Thomson Reuters Financial & Risk. “We’ve made it simpler to access our data in the cloud so customers can move faster in testing and building exciting new business models.”

The Elektron connection will enable DelphX to deliver continuous quote and trade pricing for primary and secondary market transactions negotiated within its ATS market for new and outstanding Covered Put Option and Covered Reference Note securities.

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