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Omnesys Enters into Partnership with Mumbai Based Heckyl

Team YS
7th May 2012
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The partnership will deliver Global Financial News and Data in real-time to Indian stock market traders within their trading terminalsOmnesys, a leading provider of multi-asset trading software & systems, has announced that it has entered into a partnership with Heckyl. Based out of Mumbai, Heckyl Technologies is a products and solutions provider for Real-Time Financial Information and News Analytics.

As per this partnership, Heckyl’s platform FIND (Financial In News & Data), would be integrated with the Omnesys’s premium trading platform ‘Nest Plus’ for providing real-time, high quality Financial Information on the go from millions of sources (News wires, Blogs, Twitter, Social Media) to the Indian Stock market traders using ‘Nest Plus’ within their trading terminals.

FIND features also include SEBI, RBI, NSE, BSE, MCX, NSDL & Company Announcements, Heat Map and News sentiments and Real-time Stock Upgrades, Downgrades, Order Flow, Economic Updates, M&A news, all in a single platform.

Mukund Mudras, Managing Director of Heckyl Technologies said, “Heckyl is pleased to announce that we are a partnering with Omnesys Technologies and our News Analytics Dashboard will be embedded prominently on the Omnesys Premium Trading Platform. This partnership creates an incredible opportunity for end users as with Heckyl Dashboard the traders gets an edge of getting Real Time News,Economic Alerts,Research Reports,Set up Trading Startegies,Triggers and get the hold of the social media sentiemnts embedded onto the trading terminal. Heckyl prime mission and objective is, commitment to innovation, excellence, and total customer fulfillment.”

This is a huge step forward for Heckyl, which is also a 2011 Tech 30 company. Talking to Mukund, as a startup entrepreneur, how easy or difficult was it to enter into this partnership? He says, "As a start-up one of the challenges is to prove that you are the best in your offerings and you are here to stay (not an over-night operator). Also you are essentially partnering with organizations who have proved the value of their product offerings over a period of time, hence it really takes a lot of efforts and time to make the partnership successful as the end users should be benefitted out of this partnership. Heckyl faced its own set of challenges in similar terms but were lucky to have met and interacted with the right people for a faster decision making, which essentially helped in moving into the application integration much faster."

‘Omnesys Nest Plus’ is the premium version of ‘Omnesys NEST’ with a lot of additional features. Omnesys’ trading system ‘OMNESYS NEST’ is used by top institutions to access various stock and commodity exchanges. OMNESYS provides market data and connectivity solutions to both buy-side and sell-side firms. The trading system is available either as a broker hosted solution or a ‘Software as a Service’ (SaS) solution. Using Nest Plus, the trader can subscribe to variety of value added services, technical calls, charts, news, TV and broker calls on the trading terminal itself and then use this information to make informed trading decisions.

Shrikant Pandit, Managing Director of Omnesys said, “Our partnership with Heckyl is a very strategic decision to provide value added services to our customers, who would now have the convenience of receiving News, Analytics, Analyst Views, Brokerage Recommendations, Research Reports, Market Video, Social Media Insights and SENTIMENTS etc, on their trading desk itself, giving them an edge to make a qualified decision based on information”.

So, going forward, what can one expect from Heckyl?

"In terms of the future of Heckyl offerings, the product is maturing and will offer more features in terms of F&O, Economic factors and co-relations and Strategy builder. We are also working on building a personalized desktop in HTML 5 version, which is to be released in the future, hoping that all the browsers are moving towards supporting all the features. The application is right now geared to the retail traders and will move in the coming future to target the Institutional traders and research desk." mentions Mukund.

Read abouts Heckyl's funding news here and more about them on the website.

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