DTS expand their entry into US Hedge Fund and Asset Management market
Tuesday, 06 May 2008 10:53

One of the top New York based, Global Asset Management companies with approximately 40 Billion dollars in assets under management have purchased Derivative Trading Systems' Horizon COM application to handle some of their data and analytic needs in four of their centres of operation.

An initial purchase of a license in London in March 2007 of Horizon COM was followed by a further license purchased by their head office in New York in May 2007. A new centre in Prague purchased a third license (January 2008) for one of their consultant traders and this was followed by a second user in New York in February 2008.

These purchases were quickly followed by a further License in London and then a first License in their Tokyo branch during April 2008 to complete the round the clock coverage of the financial markets.

Recently a third Licence has been added to the London branch in May 2008 where training is underway to bring the users up to speed as quickly as possible.

The latest licenses were purchased following the announcement of DTS’s release of the new Horizon version 3.5 with added features and extra data to support the 62 Currencies already available.

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