Feed Handler As-A-Service (FHaaS)

Real-time, ultra-low latency market data infrastructure

Real-time, ultra-low latency market data infrastructure — built and deployed by experts.

With over 15 years of experience in financial data engineering, Data Intellect delivers end-to-end solutions for building and managing market data feedhandlers and connectivity adapters — optimised for high performance and tailored to your trading environment.

All source code is delivered directly to your repository, with full documentation and tested deployment to your infrastructure.

Designed for Real-Time Trading Environments

Modern trading and data platforms rely on accurate, low-latency market data to function effectively. Our feedhandlers are built with this in mind. From equities to derivatives, we support a wide variety of asset classes and market venues — providing full integration with your existing data pipelines.

Our team has deep experience working with a wide range of data protocols, including exchange-specific formats such as Nasdaq ITCH, SBE, and EMDI, as well as more traditional standards like FIX and FAST. These protocols are supported at a granular level, ensuring you receive rich, high-fidelity market data down to individual order events.

We understand the complexities of today’s market structure, and our solutions are built to handle full-depth order book feeds, aggregated views, and top-of-book snapshots — depending on what your platform and users demand.

Flexible Integration Across the Stack

Beyond ingesting market data, we also support its integration across your trading infrastructure. Our FHaaS solutions can be extended to support a range of downstream use cases — from OMS and surveillance integration to trade and regulatory reporting. Whether you’re connecting directly to exchanges, through vendors like Refinitiv or Exegy, or consuming multicast data from internal networks, we adapt to your setup.

We’ve delivered connectivity for some of the largest and most active exchanges and vendors globally, including Nasdaq, LSEG/Refinitiv, Euronext, ICE, Cboe, CME, and more — always tuned to the specific requirements of each venue and client environment.

Built for Speed, Delivered with Precision

We don’t just build software — we build trust. Every project includes tested deployments, robust documentation, and transparent delivery processes. We work closely with your internal engineering teams to ensure that code is clean, understandable, and easy to maintain, even as your platform evolves.

By choosing FHaaS, you're not just getting a Feed Handler — you're gaining access to a team that understands the critical role of market data within modern trading systems and brings real-world experience from Tier 1 banks, hedge funds, and market makers.

Feed Handler Development Service : Delivered to Specification

Binary Protocols

Including EMDI / SBE / ITCH (Nasdaq) : detailed full-depth, orderlevel market data messages with ulstra-low latency

Fix/Fast Protocol

Traditional FIX (tagvalue format) or FAST protocol for market data optimization

Market Specific Feeds

Supporting various types of market data distribution: • Level 1 quotes [L1] • Order book aggregated [L2] • Full order book data [L3]

Proprietary Exchange Formats

Low-latency, real-time market data feeds covering the various asset classes & markets.

Custom Adapters

• OMS Adapters • Surveillance Adapters • Trade Reports • Regulatory Reports

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