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With all this discussion about a TS replacement, I have not heard anything
about using the UMDS (Universal Market Data Server)product as the back end. In
my software company days we were planning on using it with a VB front end. The
product seemed realiable, very fast, good VB and C++ interfaces and cheap! It
even came with a simple charting package and accepted data from a number of
major data sources. They also had licensing rates, etc.
IMHO: As of a year and a half ago this seemed to be the best infrastructure
upon which to build a TS for the new millenium. Any tech heads have any
comments on this or looking into this avenue? Of all the coders I've hired, VB
guys are the cheapest market rates and in this high tech economy... As a matter
of fact, given a good spec someone could parse the work out to Indian firms at
half the US rate! A good spec should be easier also as the product has already
been well defined over the last decade, this is not a new thing being done.
I've done a lot of software development in the last decade and I would be
suprised if an operation run by experienced software development management
could not do it in less than a year for about $100-$200k. Even less if you know
how to negotiate employee option plans... And no, I won't be :)
Just a few high altitude thoughts.
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