Imported from previous forum
London - Business Architects announce collaboration with TransactTools to integrate their eXimius Investment Management application suite with TransactTools’ ttCONNECT Financial Information Exchange (FIX) Engine.
This new development gives eXimius users instant FIX connectivity allowing a common standard to integrate multiple brokers, market makers and trading desks.
Business Architects eXimius, a browser based, front office investment management solution, combines Customer Relationship Management with in-depth Portfolio and Compliance analysis, Performance and Risk measurement, Client Reporting and Order Management facilities. It provides a single unified decision support platform for relationship managers, portfolio, compliance and fund managers to control client investments more effectively and efficiently.
TransactTools’ ttCONNECT messaging engine sets the standard for today’s financial protocol engines. Besides the high-throughput and high-availability expected by the financial services industry, ttCONNECT provides unprecedented flexibility and configurability to FIX and other financial messaging protocols. TransactTools’ design philosophy around ttCONNECT was simple: provide a zero-touch administrative interface with an easily configurable and customizable messaging engine which could concurrently support hundreds of connections – each supporting a different protocol or user-customized versions of a protocol.
“With cost driven or product widening improvements occurring in the trading process more retail private client managers require electronic interfaces with multiple brokers or back office systems. This new FIX connectivity offering means our clients can gradually bring on new brokers seamlessly " comments David Wilson, UK Director of Business Architects International.
“TransactTools is excited about this partnership and the value it will bring to customers,” commented Sam Johnson, TransactTools CEO. “These products share the same underlying technology standards, and the integrated solution means there’s one less moving part for customers to worry about.”
The FIX protocol provides Investment Managers with a complete, broker independent, connectivity solution spanning the trading process from IOIs to orders and allocations for single orders as well as basket orders for equities, fixed income and derivative instruments.
Business Architects International is a leading European software company focused on solutions for the financial marketplace. The company offers private banks and investment management companies a wide range of customer specific business applications for asset management. Business Architects combines financial know-how with technology expertise. All solutions are based on best-practice business models and component technology, enabling our customers to adapt rapidly to, and move with, changing business conditions and generating a significant competitive edge. The range of products includes eXimius, a front & mid office investment software product combining portfolio management & CRM in a unified package.
Business Architects was founded in December 1997 and has offices in Brussels, Amsterdam, Luxembourg, Paris, Frankfurt and London. The company has 120 employees. Customers include: Achmea, AGF, Axa, Crédit Foncier de France, Dexia, Mastercard, F. van Lanschot Bankiers, Fortis Investment Management, Gerling, ING, Kas Bank, Penson Inc. and Rabobank. Business Architects has partnerships with leading software suppliers including Microsoft, Rational Software and IBM.
For further information, please contact:
Derek Upton
Marketing Manager
Business Architects International
Mechelen, Belgium
Phone +32 15 744 485
www.baiworld.com