Interactive Data Melds 7Ticks, DirectPlus

Interactive Data is combining its DirectPlus service, which provides low-latency, hosted direct exchange feeds aimed at hedge funds, with 7Ticks, the low-latency infrastructure provider it acquired last year.

"We are merging DirectPlus in with 7Ticks," says Mark Hepsworth, president of institutional business at Interactive Data. "DirectPlus was a set of direct feed handlers located in a BT Radianz facility. Now [with 7Ticks' infrastructure], we can have multiple versions of those feed handlers

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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