Originally formed through the combination of SR Labs and Wombat Financial Software, Vela has established itself as a leading independent provider of trading and market access technology. The company offers a suite of products for market data, execution, and automated trading, catering to a global client base that includes top-tier banks, brokers, trading firms, and exchanges. In June 2021, Vela was acquired by Exegy Inc., another prominent provider of market data and technology solutions. Vela now operates as a key brand within Exegy, continuing to offer its specialized low-latency and high-performance financial technology solutions as part of a broader, integrated portfolio.

Founded in

United States