Entries by Greg Barr

World’s Largest Interdealer Broker TP ICAP Selects Solace as Foundation for Open Data Movement

Cloud-Friendly Messaging Platform Will Enable Migration to Modern Service-Based Architecture

Ottawa, Ontario, June 20, 2017 – Solace, the leading provider of open data movement technology, and TP ICAP, the world’s largest interdealer broker, announced today that the company has deployed Solace technology to upgrade their messaging infrastructure and implement a modern service-based trading architecture.

“The size of our client base and breadth of our service offering have both grown significantly since TP ICAP was formed through Tullett Prebon’s acquisition of ICAP’s global brokering business in December,” said Matt Dobson, Global Head of Technical Architecture, TP ICAP. “We believed that to continue providing exemplary service to our clients we needed to migrate to a service-based architecture, and knew we needed to upgrade our messaging infrastructure to support that change. Solace has exceeded all of our expectations.”

TP ICAP chose Solace’s Virtual Message Router and SolCache as together they uniquely support the wide variety of exchange patterns required as part of the company’s intermediary services, internal and external trade execution solutions, and data offerings.

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