Greenline Provides VeriFIX(R) to Support SIX Swiss Exchange's Deployment of the SWXess Trading Platform
By Greenline Financial Technologies Inc., PRNEWednesday, September 1, 2010
CHICAGO, September 2, 2010 - Greenline Financial Technologies, Inc. and SIX Swiss Exchange today
announced the successful implementation of VeriFIX, Greenline's industry
leading solution for automated FIX testing, in connection with the deployment
of the SWXess trading platform. VeriFIX offers advanced, customizable
exchange and broker simulation capabilities, providing SIX Swiss Exchange
with a more accurate and realistic FIX testing environment. As a result, SIX
Swiss Exchange can ensure the quality of its FIX infrastructure for exchange
members.
Edgar Blum, Head of Application Engineering at SIX Swiss Exchange:
"We are pleased to work with Greenline, who has significant expertise in
FIX technology for major global exchanges. Our members benefit from
high-quality FIX connectivity to our exchange, and Greenline's VeriFIX is a
critical component that helps us test FIX traffic before going live with
complex deployments. This partnership is a continuation of our strategy to
deliver leading trading technology for our exchange members."
Josh Tolman, President of Greenline:
"SIX Swiss Exchange is highly regarded as a leader in exchange
technology. We are excited to provide VeriFIX, the industry leader in
automated FIX testing, to help technologists optimize the testing cycle to
onboard exchange clients more efficiently."
VeriFIX is the industry standard for comprehensive FIX testing. VeriFIX
can test multiple counterparties and simulate scenarios 24 hours a day. This
capability allows for simultaneous load and regression testing for a wider
range of trading counterparties. VeriFIX can also be customized to support
multiple types of FIX connectivity, providing users the flexibility to
support a range of testing needs. Testing scripts can be easily configured to
emulate the exchange environment, providing clients and brokers with a
realistic depiction of trading behavior, delivering higher rates of testing
accuracy and protocol validation. Additionally, VeriFIX can provide execution
reports and latency statistics to illustrate system capacity and easily
detect any errors or message loss.
About Greenline Financial Technologies
Greenline provides superior FIX Protocol and electronic trading
technology solutions and services across all asset classes for leading global
financial institutions. Greenline's flagship product suite, VeriFIX(R),
CertiFIX(R), MagniFIX(R), MetriFIX(R), and Latency Monitor, delivers
end-to-end global connectivity solutions for any electronic trading
environment using or migrating to FIX Protocol. In addition, its premier
Professional Services consultancy can evaluate and improve clients' business
strategy and trading technology operations, leveraging its expertise across
all connectivity and messaging protocols. With global reach and client
experience, Greenline is ideally positioned to meet the demand for
connectivity and related trading technology. Greenline Financial
Technologies, Inc. is a member of FIX Protocol Limited - North Americas, and
is a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more
information, please visit www.greenlinetech.com.
About SIX Swiss Exchange
SIX Swiss Exchange is one of the world's leading and most technologically
advanced securities exchanges. It provides customers with first-rate
securities exchange services and brings together participants, issuers and
investors in an efficient and transparent marketplace. In addition to the
broad palette of products it offers, the SIX Swiss Exchange's integrated,
fully automatic trading, clearing and settlement system is indeed convincing.
www.six-swiss-exchange.com
SIX Swiss Exchange is a subsidiary of SIX Group. On a worldwide scale,
SIX Group offers first-rate services in the areas of securities trading,
clearing and settlement, as well as financial market information and payment
transactions.
Diana Bhaktul of Greenline Financial Technologies, Inc., +1-212-813-6354, dbhaktul at greenlinetech.com; or SIX Swiss Exchange Ltd, Media Relations, +41-58-854-2675, Fax, +41-58-854-2710, pressoffice at six-group.com
Tags: Chicago, Greenline Financial Technologies Inc., Illinois, September 2, T.i., Western Europe