CMS Webview has signed a deal to distribute exchange ticks through the Fame Energy Data Service unit of SunGard Data Management Systems.
Under the deal, CMS will provide SunGard with a bespoke data-feed of tick data from the London Metal Exchange (LME), International Petroleum Exchange (IPE), London International Financial Futures and Options Exchange (Liffe), New York Mercantile Exchange (Nymex), Commodity Exchange Inc. (COMEX) and New York Board of Trade (Nybot).
Bob Antell, chief executive of CMS, says the firm's TDI Data Feed uses a single protocol to feed tick data from a number of exchanges around the world into SunGard's Fame Time Series Database.
"The rapid development of algorithmic trading applications has brought to the fore the need to have easily accessible tick-by-tick trading data for back testing of new trading strategies," he says. "The combination of the Fame Energy Data Service and our TDI Data Feed will provide exactly this capability."
Emma Garvey, data product manager at SunGard Data Management Solutions, says the decision to add tick data came in response to a requirement from investment bank clients.
"CMS appeared to be one of the few providers with a central source for tick data from a number of worldwide commodities exchanges," she says.
The CMS data will be made available through SunGard's energy data offerings, including EnergyScope, a Web-based energy data desktop that offers analytics for risk management, marking to market and many forms of market analysis.