News Releases

 
Société Générale Corporate & Investment Banking Signs Deal with NYSE Technologies for Usage Monitoring Software
--Leading European Investment Bank Selects DART Usage Analysis to Reduce Market Data Costs--

March 30, 2009 –NYSE Technologies, the industry leading trading technology experts and commercial technology unit of NYSE Euronext, today announced an agreement with Société Générale for its market data cost management software and services, Data Access and Reporting Tools (DART) Usage Analysis for Bloomberg terminals.

NYSE Technologies’ managed service offering provides comprehensive business-focused reports that allow Société Générale Corporate & Investment Banking to reduce its market data costs and minimize the administrative overhead for its market data operations. Reducing costs is crucial in today’s economic environment and DART Usage Analysis provides the tools to identify unused and under-used exchanges and specialist services. DART Usage Analysis also provides visibility on how a vendor subscription is actually being used, for instance whether the terminal is used mostly for simple quotes, news stories, graphics, more value-added analytics or electronic trading.

"DART Usage Analysis is an innovative solution that allows firms to better control their market data costs," said Steve Cowler, Managing Director, Global Market Data at NYSE Technologies. "Société Générale Corporate & Investment Banking joins a growing list of over 30 of the world’s top financial institutions employing the DART Usage Analysis suite; a well defined, robust product portfolio with superior functionality."

Société Générale Corporate & Investment Banking already uses NYSE Technologies’ DART Usage Analysis for Reuters globally, and with the addition of its Bloomberg terminals flavor, the company has industry-leading solutions to effectively manage its costs for two of the world’s largest market data vendors.

 

About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies is a leader in providing innovative software, market data products and data management applications, connectivity solutions, exchange technology, and transaction solutions for trading firms, vendors and financial markets around the world.  NYSE Technologies offers one of the most comprehensive suites of high quality commercial technology products that includes advanced messaging platforms, co-location services, ultra-low latency order routing and a one-of-a-kind hosted network community, all designed to enable the free flow of liquidity for the global marketplace.  This division operates four units: the Global Connectivity unit, offering one of the world's largest, most reliable financial transaction networks connecting firms and exchanges worldwide; the Trading Solutions unit, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; the Exchange Solutions unit, which provides multi-asset exchange platform services, managed services and expert consultancy; and the Global Market Data unit, which offers a broad array of global market information products covering multiple asset classes.  With offices across the U.S., Europe, Singapore and Japan, NYSE Technologies' advanced integrated solutions for a wide range of services has earned the ability to power the trading operations of global financial institutions and exchanges.  For additional information visit: http://www.nyse.com/technologies



Contact: Eric Ryan
Phone: 212.656.2411
Email:  eryan@nyx.com