Morningstar Catalog 2010/2011 - (Page 18)

Alpari (UK) Ltd Expands its Trading Platform with Morningstar Quotes Real-Time Data TM Morningstar Quotes TM 33 internal systems such as proprietary Deliver high value at low cost. Online broker Alpari (UK) Ltd has a vision to help clients trade a variety of instruments, though it launched to serve Forex and precious metals traders. Keeping its commitment to low pricing means the broker must always consider the cost of expansion. Alpari’s decision to add contracts for difference (CFDs), a type of derivative commonly traded outside the United States, began with the search for suitable data. “It was a priority to find a reliable provider of live and historical exchange data,” says Paul Kiff, Alpari’s head of trading. Expand strategically. While looking for pricing data to drive its models, Alpari discovered Morningstar Quotes. “We talked to a lot of data providers,” recalls Norbert Lukasiewicz, who manages product development. “But the deciding factors were the reliability of the feed and its ease of integration—plus, of course, the cost.” Ultimately, Alpari selected a streaming real-time feed covering 250 instruments from 10 exchanges, delivered via API. “This has allowed us to expand into other products,” explains Kiff. TM trading, risk management, and portfolio management applications, as well as client-facing websites. Brokerage firms, banks, hedge funds, trading firms, media outlets, and buy-side institutions looking for a new source for real-time data can find cost and efficiency advantages while benefiting from the hands-on client service Morningstar is known for. Each feed is tailored with the markets, formats, and time intervals a business needs—yet can be set up in as little as one day. Dedicated data specialists manage the necessary negotiations and contracts with exchanges worldwide. Our direct relationships with 160+ data sources make it possible to simplify this process for our clients. Local Morningstar support teams work closely with clients to maintain a deep understanding of how to meet their business and technology needs, as well as apply their regional market expertise to resolve any issues with logistics. See sample real-time data Real-Time Market Data Distribution Network Resilient links between London/Tokyo, London/Hong Kong, Hong Kong/Shanghai, Hong Kong/Tokyo, and Frankfurt/Mumbai 200Mb-per-second link between Chicago and New York 200Mb-per-second triangular link between London, Frankfurt, and New York, with a VPN backup Negotiate with expertise. As Alpari’s advocate, Morningstar negotiated with the exchanges involved to get the best pricing for data use, then consolidated everything into one contract. “We were fairly green in our understanding of exchange costs and license fees,” says Kiff. “Morningstar did the necessary paperwork and made all the contacts, saving us quite a lot of time and streamlining our costs.” Prepare for new markets. Alpari successfully launched CFD trading earlier this year. “Morningstar gives us an edge that allows us to compete with rival Forex brokers by offering products such as CFDs and delivering accurate data at a good speed,” explains Lukasiewicz. “Compared to other brokers, we can really stand out from the crowd. As we enter new markets, Morningstar will be the company we will talk to regarding any kind of data.” K Paul Kiff is head of trading and Norbert Lukasiewicz is product development manager at Alpari (UK) Ltd. Low-Latency Data Delivered Directly From Exchanges Feeds from Exchange Link Various Exchanges Feedhandler Process Client Data Normalized and Distribution Streamlined Multicast Feed Delivered to Client Systems To Client Systems Exchange Link ExchangeA Exchange B Exchange C Feedhandler Process Client Distribution Multicast Feed Multicast Feed

Table of Contents for the Digital Edition of Morningstar Catalog 2010/2011

Morningstar Catalog 2010/2011
Legg Mason
T. Rowe Price
Raymond James
Morningstar Direct
RBC Global Asset Management (U.S.) Inc.
Morningstar® EnCorr®
CPMS Equity Market Service and CPMS Backtest Service
Morningstar® Workstation
Morningstar® Annuity Research CenterSM
Morningstar Quotes
Alpari (UK) Ltd
Morningstar LIM
Morningstar® QuoteSpeed
Morningstar® Fund Research
Morningstar® Equity Research
Morningstar® ETF Research
Morningstar® Corporate Credit Research
Morningstar Realpoint
Morningstar Associates
Ibbotson Associates
Morningstar Investment Services
Morningstar® Licensed Data
Morningstar® Document Library
Manager Benchmarks
Manager Profiles
Morningstar® Alternative Investment Center
Morningstar® Traded Fund Center
Morningstar® Pension and Endowment Center
Morningstar® Indexes
Morningstar® Equity Licensed Data
Morningstar® Document Research
Morningstar FootnotedPro
Morningstar® Advisor Workstation
Morningstar® Analyst Research Center
Morningstar® Portfolio Builder
Morningstar® Annuity Analyzer
Morningstar® Enterprise Data Management
Morningstar® Site Builder and Licensed Tools
Investor Relations Services
Morningstar® Advisor Websites
Morningstar Office
Labrum Capital Advisors, LLC
Morningstar® Principia
CPMS Model Portfolios
Advisor Professional Development
Morningstar® Newsletter Builder
Financial Charts and Presentations
Ibbotson® SBBI® Classic Yearbook
Corporate Performance Graph Service
Morningstar® Institutional Marketing and Sales Solutions
Morningstar® Investment Profiles and Guides
Morningstar Valuation Services
Ibbotson Valuation Publications
Ibbotson® Cost of Capital Resources Center
Advertising Services
Customer and Employee Incentive Programs®
Global Investing Websites
Morningstar® Investment Research CenterSM
Newsletters and Books

Morningstar Catalog 2010/2011