IBM has acquired InfoDyne Corporation, a privately held US software firm specialising in high-speed data integration and delivery for trading platforms.
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InfoDyne provides software that is designed to enable trading firms to process large data volumes at microsecond response rates, said IBM.
InfoDyne's market data delivery platform takes data from hundreds of sources and delivers it in a standardised format, helping customers to control escalating data feed costs.
The widespread adoption of electronic trading has driven exponential growth in transaction and data volumes.
Today, an estimated four billion shares per day trade on the New York Stock Exchange, Nasdaq and regional exchanges, six times the volume on these same exchanges five years ago, said IBM.
Combined with IBM's current software portfolio, this acquisition will allow IBM to help financial services companies track, consume and react to changing market conditions in real-time, IBM said.
This is the 69th acquisition IBM has made over the past five years. The value of the InfoDyne acquisition has not been disclosed.