MayStreet Rebrand Part of a Transformative Year

In so many ways, 2020 has been one giant stress test. 

Spikes in market volumes and volatility, upheavals to the way we all work and live, and the ongoing tests of BCP policies are a few of the extraordinary challenges we’ve all faced. Against this backdrop, it’s comforting to know our efforts over the past eight years have paid off. Our ability to keep running smoothly and meet client demands through the recent turmoil has proven the merit of our approach, both to building a technology platform and a team. 

While our work continues, it’s safe to say MayStreet has reached a new level of maturity. Our platform is the embodiment of this maturation. And our new brand and website www.maystreet.com, which we’ve launched today, are the outward manifestation. We hope you’re as excited as we are to see everything come together.  

Momentum 

Late last year, we assumed the role of market data provider for the SEC’s Market Information Data Analytics System (MIDAS)

It was tempting to see that moment as the culmination of years of development. But really, it marked a new beginning. If anyone still needed reassurance the way of the future is a cloud-based market data infrastructure platform built on the latest software and hardware, that was it. 

Since then, we have been talking with dozens of major industry players about how we can serve their enterprise-wide needs. It’s clear there’s a sea-change underway, and we’re extremely well-positioned to help market participants of all types—banks, market makers, quantitative investment firms, traditional asset managers, trading platform vendors, regulators and others—navigate it.

Adding value to volatility 

It’s one thing to survive a market shock. It’s another to learn from it and be ready for the next black swan. No one can see the future, but it’s not hard to imagine there are more major market disruptions headed our way as the global impact of the COVID crisis continues. (And note you can analyze market volumes and message traffic with our new visualization tool http://viz.maystreet.com/.)   

Having the capacity to easily review performance during these tumultuous times is vital for preparing to handle large swings in risk in the future. Making sure that everyone across an organization has access to the same high-quality data is key to forming a consensus and coordinating a response. 

A market data navigation system

So, while we don’t have a crystal ball, we’ve built the next best thing: a modular platform that provides you with the pristine market data you need—when you need it— to help figure out exactly where we’ve been. 

With massive amounts of market data generated by an increasingly fragmented trading landscape, it can be difficult to find your bearings, decide where you want to go and determine how to get there. That’s why we think of our platform as a GPS navigation system of sorts. One that easily lets you zoom out to get the big picture and drill down into the minutiae, too. Now everyone on your team can find their way forward—and beat the traffic, too. 

You’ll see our new brand reflects this simple but powerful idea. 

New destinations 

What does this mean for our clients? 

First, they can focus on their core business instead of wasting time trying to cope with the ever-increasing data deluge. With the right market data infrastructure in place, further automation can take place, allowing for even greater emphasis on the top end of the value chain. And the ability to leverage the cloud gives their balance sheets a boost by moving a capital expenditure to operational instead. 

In addition, during times like these when employees are no longer on-premises, shifting workflows to cloud and hybrid-cloud solutions is an obvious win-win situation for both productivity and ease of use. It’s not hard to see a “new normal” where this kind of flexibility is taken for granted. 

Pedal to the metal? Or dangerous curves ahead?  

Efficiency drives usage. This is especially true of the capital markets. In these uncertain times, one thing we can be sure of is that there will be ever-increasing amounts of data. 

Fortunately, a platform like ours—built from the ground up with the latest technology—is designed to scale. Whichever direction the markets are headed, the faster you can analyze the data, the safer your journey will be. 

And wherever things go from here, we look forward to continuing to guide you. 

Patrick Flannery, Co-Founder and CEO

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