StatPro Divestment Boosts Tenfore's US Expansion

Tenfore has tailored its products to meet specific requirements of FRI's client base-needs that Tenfore's existing systems could not meet. One of those requirements was the ability to deliver intraday price snapshots for very large lists of securities. "The problem was the number of symbols that had to be captured at a particular time. Some needed the entire US and Canadian market, which means tens of thousands of symbols," says Richard Barden, head of business development at Tenfore in London.