oraise PICOS live with Refinitiv Contribution Channel

The first PICOS customer changed contribution in their production environment from MarketLink IP to the new Refiniv Contribution Channel, both products of Refinitiv (an LSEG business) after an extensive test and transition phase.

In time for the upcoming obsolescence of MLIP, announced by Refinitiv for Q3/2021, PICOS, the multi contribution platform from oraise, enables the efficient publication of market data to the new Refinitiv interface, with a newly developed software part.

PICOS is a platform-independent and optimising multi-vendor market data contribution server, which allows market data generated in financial institutions to be accurately communicated in parallel to vendors such as Refinitiv, Bloomberg, SIX Financial Information, Infront, and more.

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