As per the partnership, Geodesic’s Mundu TV, a live internet television service, would be integrated with the Omnesys trading platform ‘Nest Plus’ for providing business TV channels to Indian Stock traders using ‘Nest Plus’ within their trading terminals. Geodesic’s Mundu TV app currently provides 55 channels with 18 channels in news category. The five business TV channels include CNBC TV18, CNBC Awaaz, ET Now, UTV Bloomberg, and NDTV Profit.
Omnesys’ Nest Plus is the premium version of Omnesys NEST coupled with additional features. Omnesys’ trading system ‘OMNESYS NEST’ is used by institutions to access various stock and commodity exchanges. OMNESYS provides market data and connectivity solutions to both buy-side and sell-side firms. The trading system is available either as a broker hosted solution or a ‘Software as a Service’ (SaS) solution. Using Nest Plus, the trader can subscribe to value added services, technical calls, charts, news, TV and broker calls on the trading terminal. Previously, Omnesys had integrated Mundu TV into its NEST trader terminal to provide live market updates and news. Headquartered in Bangalore, Omnesys has offices in Bangalore, Mumbai, New Delhi, Kolkata and Mangalore.
Presently, Geodesic products include Mundu Radio, Mundu TV, Mundu IM, Mundu SMS, BBeep, Spokn, Continuum and Spyder. Headquartered in Mumbai, the company is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India and has offices in Mumbai, Bangalore, Chennai and Hyderabad in India, USA, Uruguay, UK, UAE, Hong Kong and Mauritius. It reported consolidated net sales of Rs 230 crore for the quarter ended March 31st 2012.