In January 2008, GIS acquired Razor Data LLC, which brought a robust technology platform into GIS that operates efficiently and does not require capital investment for GIS to execute its business strategy. Razor Data LLC is now RazorData, Inc.
RazorData brings experienced technology and operations management and a highly capable development team. Since it started up five years ago, RazorData realized dramatic growth in its subscriber base; it has a database of 90,000 people for marketing purposes.
Though RazorData, GIS provides a complete turnkey solution to its clients in the financial community by providing a broad array of information services. RazorData provides services that include:
- Stock market information and tools
- A comprehensive database creation and management
- Distributed web hosting and network environments, and
- Complete e-content creation, management and delivery.
By providing the technology and data solution, RazorData allows the Company's other divisions to stay focused on their core competencies to expand product offerings and acquire new customers.
Stock Market Data
RazorData aggregates and distributes data from over 18 different data providers into a "one stop shop" for client users to get their stock market tools and data. In any given month, RazorData provides data to over 15,000 users through web and desktop clients. The expansive tools and data include: searches, company valuations, technical analysis, fundamental analysis, analyst recommendations, real-time streaming news, real-time streaming quotes, over 20 years of historical data, insider activity, industries and sectors, exclusive newsletters, proprietary streaming data replay and institutional ownership. All of the data is delivered to the user through powerful, yet intuitively easy-to-use, software tools and websites.
Comprehensive Database Management
RazorData has developed proprietary features which include secure customer data management with over 100,000 unique user records and secure, error free, electronic bill processing.
Distributed Environments
RazorData has implemented a proprietary distributed hosting framework that provides multiple, redundant server nodes located around the United States. As the load is automatically spread over the network, the framework ensures that the customer administration system is bullet-proof and that the user experience is top notch.
Additionally, the distributed framework allows for the seamless distribution of high-bandwidth applications including audio and video recordings provided through the e-content education modules. RazorData has captured and edited over 100 hours of streaming audio and video content that is hosted and delivered to end users in a constant stream averaging 3MB/s, 24 hours a day.