Exegy, Inc.: Company Research Report

Company Overview

Name: Exegy, Inc.

Mission: Exegy continually innovates to meet evolving market challenges, addressing the diverse needs of elite financial market participants with industry-leading solutions ranging from low-latency technology to real-time trading signals and historical simulation.

Founded: Created to commercialize hardware-accelerated computing technology developed at the School of Engineering at Washington University in St. Louis. No specific founding date is provided in the data.

Founders: No information is available.

Key People:

David Taylor, D.Sc. - CEO

Peter Feret - CFO/COO

Jim Fiesel - CRO

Arnaud Derasse - CTO

Pam Haaser - SVP, People

Chris Codelli - VP, Revenue Operations

Yewande Sobola - Global Head of Solutions Consulting

Thomas Gallo - Vice President, Head of Client Success

Headquarters: St. Louis, MO

Number of Employees: No information is available.

Revenue: No information is available.

Known For: Exegy is known for providing resilient, low-latency solutions for financial firms in normalized market data, connectivity, and real-time trading signals. They are also recognized for their technological innovation of more than 175 patents, extensive partnerships, and leadership in the financial markets technology industry.

Products

Market Data

1. Feed Handlers

FPGA Feed Handler: Streamlines market data application development by processing data feeds on FPGA technology, making them available through a normalized API.

Software Feed Handler: Low latency, normalized market data available from over 300 venues, providing flexibility, book building, and a comprehensive view across venues.

2. Ticker Plant

Offers low-latency market data processing with features like packet capture and flexible deployment options. It supports major asset classes and integrates with existing infrastructure.

3. Axiom Market Data Feed

A market data-as-a-service offering, delivering high-quality, low-latency normalized market data, scalable for business growth, and supports global market access.

4. MarketDataPeaks

Provides data rates for real-time market data feeds from US equities, futures, and options, helping with infrastructure and network planning.

Historical Market Data

MarketDataPeaks: Measures data rates, including microbursts, to help firms plan for network capacity and regulatory compliance.

Recent Developments

New Products and Features

nxFramework Wins Best New Tech Award: Exegy’s FPGA development framework, nxFramework, recognized for its standardization and record-breaking latency in trade execution.

Integration with Deribit: Addition of Deribit to Exegy’s Metro Trading Platform, allowing crypto traders to leverage Metro’s trading capabilities.

Completion of CEO David Taylor's Vision: Enhancements in trading product technology, including FPGA-based projects and metro platform functionality for crypto-exchanges.

Partnerships

Strategic Partnerships: Collaborations with firms like Transaction Network Services (TNS), Symphony, and others strengthen Exegy's offerings and client value.

Leadership Changes

Hiring of Jim Fiesel as CRO: To build on Exegy's sales momentum after a 60% growth in annual new sales in 2024.

Awards and Recognition

CEO Awarded Chief Executive of the Year: David Taylor recognized for leadership in derivatives technology.

Record-Setting Latency: Achieved in collaboration with AMD, showcasing advanced trading technology.

Summary

Exegy, Inc. stands as a leading provider of market data and trading technology solutions, known for its innovative use of technology, particularly FPGA, to deliver low-latency, resilient market data solutions to financial firms worldwide. With a strong focus on improving trading infrastructure and embracing technological advancements, Exegy continues to expand its product portfolio and build strategic partnerships, thereby facilitating enhanced performance and growth for its clients in the capital markets.