The Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) presented the 2011 Outstanding Data Provider Award to TMX Datalinx, TMX Group’s information services division. The award was presented at the FISD Issue Brief in London on December 1.
This award was created by the FISD Service Level and Communications Working Group to recognize the exchange or data provider that most closely adheres to the Working Group’s Best Practice Recommendations. These recommendations are guidelines for communication and notification sent by exchanges and information providers to their customers and downstream distribution partners for events such as system upgrades, administrative and policy changes, new product introductions, and unplanned interruptions.
In addition to TMX Datalinx, BATS Europe, London Stock Exchange, and NASDAQ OMX were nominated as finalists for the award.
“We are extremely proud of this achievement and honoured to be recognized along with these other world-class exchanges and content providers,” said Eric Sinclair, President, TMX Datalinx and Group Head of Information Services. “This award underscores TMX Datalinx's continuing commitment to providing the best in products and services to our customers.”
Tom Davin, Managing Director of FISD, said “TMX Group is strongly deserving of this acknowledgement. The award recognizes the importance that clients and distributors place on clear and timely communications from their information providers. This recognition highlights the value of the Service Level and Communications Working Group’s recommendations as a reference for exchanges and information providers throughout the market data distribution chain.”