CQG Joins FIA Tech
Posted by Colin Lambert. Last updated: May 27, 2022
Trading technology provider CQG has become the first ISV to join FIA Tech Databank Network, an initiative to bring together independent software vendors, exchanges, clearing houses and other data providers with the aim of simplifying the use of reference data, analytics and software solutions from participating firms.
Databank Network unifies reference data from over 80 exchanges and central counterparties (CCPs), as well as index providers including FTSE, MSCI, S&P and STOXX, and data vendors EDI and Factset.
“CQG customers will have ready access to the industry services FIA Tech provides,” says Andrew Castello, head of reference data at FIA Tech. “This partnership is a further example of FIA Tech’s commitment to supporting the ISV community to further our mission to bring innovation to the derivatives industry.”
By incorporating CQG symbology into the global product reference data maintained on the Databank Network, FIA tech says CQG platforms will be fully interoperable with all FIA Tech services as well as other future ISV participants in the Databank Network. FIA Tech’s Databank provides firms with a cross-reference of exchange and vendor product symbologies, which can be used by subscribers to simplify integration of systems from best of breed providers, communicate more easily with clients and counterparties, and simplify integration to FIA Tech services.