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MCI enters into agreement with Interactive Data


Johannesburg, 28 Jul 2014

MCI Consultants today announced it has entered into an agreement with Interactive Data with the aim to enable it to provide its stock broker customers with stock exchange information from multiple exchanges from across the world through Interactive Data's Consolidated Feed.

"We have incorporated the Interactive Data's Consolidated Feeds into our trading system, TradeCIS. TradeCIS provides the necessary interfacing to enable our clients access to the content from Interactive Data," commented Jan Rabbets, Business Partner at MCI Consultants. "Thus again, we have been able to listen and respond appropriately to the needs of our customers."

"We are pleased MCI selected Interactive Data to deliver global financial information to a wide range of MCI clients in Africa," said Rob Lane, European Business Manager, Trading Solutions at Interactive Data. "MCI clients can benefit from Interactive Data's Consolidated Feed with real-time depth of book market data from more than 450 sources, including over 150 exchanges worldwide."

"As a result of this relationship with Interactive Data, TradeCIS now includes additional content features, including real-time market depth for enabled exchanges; customisable instrument lists for subscribed exchanges; long-term and intraday instrument charting; instrument information; exchange instrument search; trade history; and, customisable exchange tickers," concluded Rabbets, "hence we are now able to offer a more comprehensive and competitive trading solution."

MCI provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. As a JSE-accredited supplier and an accredited JSE Shared Infrastructure Provider (SIP), MCI serves as a primary IT solutions provider to the stock broking community and is today considered to be at the forefront of the industry.

For further information, please contact Jan Rabbets, MCI: tel 011 454-3420, e-mail j.rabbets@mci.co.za

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Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers subscribe to its fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2 500 employees in offices worldwide.

MCI Consultants

MCI is a dynamic business information systems consulting firm based in Johannesburg, South Africa specialising in providing IT solutions to medium and large companies across various industries in South Africa, Africa and abroad.

MCI offers a complete solution, which can include project management, consulting services, installation, training and support, packaged software implementations, hosted solutions, product development, including e-commerce and mobile solutions, hardware supply and network and communications services.

MCI's superior performance and reputation is attributable to its passionate, dedicated team and dynamic skill pool of consultants.

MCI's approach is to continuously provide solutions to meet its clients' changing requirements. MCI prides itself in delivering excellent customer service and building long-lasting partnerships with its clients.

Editorial contacts

Paul Booth
Global Research Partners
(082) 568 1179
pabooth@mweb.co.za
Aliki Droussiotis
MCI
(011) 454 3420
aliki@mci.co.za