Vela Trading Technologies is an independent provider of high performance trading and market data technology. The company provides market data feed handlers, consolidated market data feeds and low latency market access tools for trading venues across North America, Asia and Europe. Its clients include investment banks, hedge funds, trading technology software providers and proprietary trading firms. The company was known as SR Labs until June 20, 2016, when it was renamed Vela. Vela was founded as SR Labs by Srinivasan Ramiah in 2007. He was replaced as CEO in September 2014 by Lava Trading co-founder Richard Kornhammer, who left after just six months. In June 2015 Jennifer Nayar was appointed CEO, who went on to spearhead the firms rebranding as Vela. The company raised $53 million from Insight Venture Partners in January 2013, which helped fund its 2014 acquisition of Wombat Financial Software and its platform from NYSE Technologies.