LONDON – 23 February 2022: ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that ION MarketFactory has been named ‘Best Low Latency Data Feed Provider – Managed’ at the TradingTech Insight (TTI) Awards Europe 2022.
MarketFactory’s SaaS-first approach to innovation grants its clients access to the entire market, regardless of location, workflow, protocol, instrument, or liquidity provider. The award-winning product, Whisperer, is a single API that connects to more than 100 FX APIs with a speed of 5-7 microseconds – 1,000 times faster than other market solutions.
Over the past year, MarketFactory made substantial improvements to its flagship product by adding new data feeds for 31 venues, including SG1 and Aurora to its co-location spaces, and access to offerings beyond FX.
“We are thrilled to receive the Best Low Latency Data Feed award from TTI Europe this year,” said Eugene Markman, COO of ION FX. “The last 12 months have seen turbulent market conditions and prolonged market data spikes. Despite this, our customers experienced no connection issues, demonstrating Whisperer’s impeccable performance as a high-throughput, low latency product. As the FX market grows, we will continue to evolve Whisperer in tandem, offering an uninterrupted, seamless experience to our clients.”
“It has been fantastic to see such a high calibre of entries in our TradingTech Insight Awards Europe 2022. There are some really deserving winners and we congratulate ION on winning Best Low Latency Data Feed -Managed and for their contribution to the financial trading technology industry,” said Angela Wilbraham, CEO of A-Team Group, which hosts the TradingTech Insight Awards Europe.
The TTI Awards conducts voting online, and this year ION Markets earned the highest number of industry votes across Europe. Voting also included input from the TTI Advisory board, comprising experts from its customer and prospect community.
About TradingTech Awards Europe
The TradingTech Insight Awards Europe shine a spotlight on trading solutions and services, along with the vendors that provide an exceptional trading infrastructure, and technology. In this rapidly changing industry, these awards are designed to recognize the vendors that overcome those challenges and achieve excellence.
ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation.
About ION Markets
ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale.
About ION MarketFactory
MarketFactory is a financial technology company that provides software-as-a-service (Saas) to currency markets. Customers gain access to the entire market, no matter the location, workflow, protocol, instrument, or liquidity provider. Its flagship product, Whisperer, is a single API that connects to more than 100 FX APIs.