Pairing of FIX Engine with Open Data Movement Enables Very High Throughput with Deterministic Latency
Ottawa, Ontario, March 15, 2017 – Solace, the leading provider of open data movement technology, and FIX Flyer, a leading provider of securities trading technology, announced today a joint solution that helps asset managers, broker dealers, exchanges, and proprietary trading shops improve the performance and predictability of their FIX-enabled trading platforms. A leading regional broker in Latin America has been using the joint solution in production for a year, and several broker dealers are evaluating the solution.
“We’re proud to partner with FIX Flyer because their commitment to customers is unparalleled. Their founders have first-rate reputations in the financial services industry and have passed their passion for customer service on to a staff of tenured FIX experts,” said Denis King, SVP of Alliances and Global Operations at Solace. “They offer extremely fast time to market so customers are up and running right away, and local support around the world to ensure they stay that way.”
“The combination of our FIX engine and Solace’s fast and reliable messaging gives clients robust FIX connectivity with deterministic routing latency and high throughput, with a ‘zero garbage collection’ architecture that eliminates the risk of performance degradation over time,” said Randy Prager, CTO at FIX Flyer.