Difference between revisions of "Novasparks"

From MarketsWiki
Jump to: navigation, search
(History)
 
(One intermediate revision by the same user not shown)
Line 14: Line 14:
 
Novasparks is a French fintech company based in Paris. They specialize in developing low-latency [[derivatives]] [[trading]] and [[market]] data software.<ref>{{cite web|url=https://novasparks.com/about-us/|name=About Us|org=Novasparks|date=July 20, 2020}}</ref><ref>{{cite web|url=https://www.bloomberg.com/profile/company/0818282D:FP?sref=wgRWWeJL/|name=NovaSparks SA|org=Bloomberg|date=July 20, 2020}}</ref>  
 
Novasparks is a French fintech company based in Paris. They specialize in developing low-latency [[derivatives]] [[trading]] and [[market]] data software.<ref>{{cite web|url=https://novasparks.com/about-us/|name=About Us|org=Novasparks|date=July 20, 2020}}</ref><ref>{{cite web|url=https://www.bloomberg.com/profile/company/0818282D:FP?sref=wgRWWeJL/|name=NovaSparks SA|org=Bloomberg|date=July 20, 2020}}</ref>  
  
== Background ==
+
== History ==
  
Novasparks was originally founded in 2008 by Partech International. In 2008, the company developed what its website claims was the "first pure FPGA data feed handler solution available on the market," for which they became known.<ref>{{cite web|url=https://www.globenewswire.com/news-release/2013/07/25/562426/10041872/en/Quincy-Data-Chooses-NovaSparks-for-Its-NASDAQ-ITCH-Data.html|name=Quincy Data Chooses NovaSparks for Its NASDAQ ITCH Data|org=GlobeNewsWire|date=July 20, 2020}}</ref> The company opened an office in New York City in 2011; the company launched the second generation of its platform for pure FPGA market data feed handlers in the U.S. and European markets the same year.<ref>{{cite web|url=https://novasparks.com/about-us/#history|name=About Us|org=Novasparks|date=July 20, 2020}}</ref>
+
Novasparks was originally founded in 2008 by Partech International. In 2008, the company developed what its website claims was the "first pure FPGA data feed handler solution available on the market," for which they became known.<ref>{{cite web|url=https://www.globenewswire.com/news-release/2013/07/25/562426/10041872/en/Quincy-Data-Chooses-NovaSparks-for-Its-NASDAQ-ITCH-Data.html|name=Quincy Data Chooses NovaSparks for Its NASDAQ ITCH Data|org=GlobeNewsWire|date=July 20, 2020}}</ref>  
 +
 
 +
The company opened an office in New York City in 2011; the company launched the second generation of its platform for pure FPGA market data feed handlers in the U.S. and European markets the same year.<ref>{{cite web|url=https://novasparks.com/about-us/#history|name=About Us|org=Novasparks|date=July 20, 2020}}</ref>
 +
 
 +
In July 2020, NovaSparks was acquired by Peninsular Capital, an independent investment company, through a management buy-out (MBO) transaction. According to Antoine Brousse, Peninsular Capital’s managing partner, the acquisition was part of NovaSparks' plan to expand into new markets.<ref>{{cite web|url=https://www.design-reuse.com/news/48382/peninsular-capital-novasparks-acquisition.html|name=Peninsular Capital Acquires NovaSparks|org=Design & Reuse|date=July 29, 2020}}</ref>
  
 
== Products and Services ==
 
== Products and Services ==

Latest revision as of 16:22, 29 July 2020

Novasparks
Founded 2008
Headquarters 12 Rue de Chatillon Floor 3 Paris, 75014 France
Products Financial technology; market data, low latency trading technology
Key People Luc Burgun, chief executive officer & president of the board; Jean-Eric Finck, chief financial officer; Pierre Gardrat, vp engineering & cto; Cliff Maddox, sales director; Arnaud Lesourd, application engineering director; Yves Charles, VP business development & board member; Jean-Marc Patouillaud, board member
Twitter @novasparksfpga
Web site Novasparks Home

Novasparks is a French fintech company based in Paris. They specialize in developing low-latency derivatives trading and market data software.[1][2]

History

Novasparks was originally founded in 2008 by Partech International. In 2008, the company developed what its website claims was the "first pure FPGA data feed handler solution available on the market," for which they became known.[3]

The company opened an office in New York City in 2011; the company launched the second generation of its platform for pure FPGA market data feed handlers in the U.S. and European markets the same year.[4]

In July 2020, NovaSparks was acquired by Peninsular Capital, an independent investment company, through a management buy-out (MBO) transaction. According to Antoine Brousse, Peninsular Capital’s managing partner, the acquisition was part of NovaSparks' plan to expand into new markets.[5]

Products and Services

Novasparks offers a broad range of low-latency trading software and hardware tools aimed at banks and trading firms that high-frequency trading, algorithmic trading, and all other forms of electronic trading.[6][7] The company also develops software that provides real-time market data.[8][9]

Novasparks also offers its services to other firms as a third-party software developer.[10]

Key People

  • Luc Burgun - Chief Executive Officer & President of the Board
  • Jean-Eric Finck - Chief Financial Officer
  • Pierre Gardrat - VP engineering & CTO
  • Cliff Maddox - Sales Director
  • Arnaud Lesourd - Application Engineering Director
  • Yves Charles - VP Business Development & Board Member
  • Jean-Marc Patouillaud - Board Member

References

  1. About Us. Novasparks.
  2. NovaSparks SA. Bloomberg.
  3. Quincy Data Chooses NovaSparks for Its NASDAQ ITCH Data. GlobeNewsWire.
  4. About Us. Novasparks.
  5. Peninsular Capital Acquires NovaSparks. Design & Reuse.
  6. Novalink. Novasparks.
  7. Novatick. Novasparks.
  8. TRUST YOUR FPGA PROJECT TO NOVASPARKS. Novasparks.
  9. INTEGRATING WITH NOVATICK. Novasparks.
  10. TRUST YOUR FPGA PROJECT TO NOVASPARKS. Novasparks.