Exegy Revenue and Competitors

Exegy was founded in April 2003 to commercialize computing technology developed in the School of Engineering at Washington University in Saint Louis. Exegy first applied its hardware acceleration technology to massive data mining problems faced by the national intelligence agencies. Exegy’s first computing appliance performed exact, approximate, and regular expression pattern matching against textual data. In 2005, Exegy began developing real-time data appliances for the financial services industry, armed with executive and senior technical talent with experience at Bridge Information Systems and Reuters. Historically, Wall Street is an innovation-friendly community with extremely high demands for processing massive amounts of data, very fast. Exegy successfully demonstrated the world’s first hardware-accelerated ticker plant appliance in New York in June 2006. A ticker plant or market data system is a computer system dedicated to consuming and normalizing real-time financial data – trade reports, quote prices, and order book events from exchanges and alternative trading systems. These systems have become increasingly important as exchanges have closed trading floors and become electronic. The first Exegy Ticker Plant appliance demonstrated capacity and speed that outpaced state-of-the-art systems by a factor of ten. Exegy never looked back, improving the performance of its flagship Ticker Plant product by another factor of ten in the next major release