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21 January 2013

FlashFinancials signed an exclusive distributor agreement with Direkt

Flash Financials has signed an agreement with News Agency Direkt making Direkt the exclusive distributor of 'Flash Financials’ products in the Nordic region. 'Flash Financials’ product portfolio includes cutting edge tools and technologies for machine readable financial news, targeting the needs of automated trading systems and algo traders.

“Direkt’s prime task has always been to offer the best services possible for the Nordic financial market. By combining Direkt’s insight of the Nordic market and the technical skills of Flash Financials we can provide the best and fastest service in the Nordic area”, says Torun Reinhammar, CEO of News Agency Direkt”.

“We are very pleased that Direkt will distribute our products in the Nordics. Our products match and complement Direkt’s current product portfolio very well, and their expertise and thorough understanding of the Nordic market will give us excellent opportunities to further develop the products to suit the needs of customers in this area”, says Vijay Gudipalli, CEO of Flash Financials Pvt.Ltd (India).

“We are impressed with Direkts capacities and unparalleled reputation in the market. Being the prime choice for financial professionals, we are convinced that they are the best ones to bring our products to users in the Nordic financial markets”, says Vijay Gudipalli.

Case study: Earnings guidance, January 10, 2013

Nokia Press Release:
“Nokia exceeds previous Q4 2012 outlook for Devices & Services and Nokia Siemens Networks.”
Flash AlphaStream identified this as:
Nokia - Earnings Guidance
Flash AlphaStream feed delivered in
time 14:02:02.477 time 14:02:02.510 33 milliseconds

Market started reacting 2 seconds after Flash AlphaStream feed deliverance and the Nokia stock closed 14% up.

News Agency Direkt was founded in 1988, and is the most initiated and most used news medium on the Swedish financial market. Newsagency Direkt also includes SME Direkt, the leading supplier of consensus estimates in the Nordic region, showing the markets expectations on companies and macro economics.

Flash Financials was founded in 2012, and is an integrated product- and service-company providing next generation tools for the financial markets. The company currently has a bipolar presence in Europe (Stockholm, Sweden) and India (Bangalore).

Read more on:

Banglore, 21 January 2013

For more information, please contact:

AB Nyhetsbyrån Direkt
Torun Reinhammar, CEO
Phone: +46 8-519 179 30

Flash Financials Pvt.Ltd (India)
Vijay Gudipalli, CEO
Phone: +91 80 4120 1050

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