Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
Leading FIX Industry Messaging Platform CameronFIX Selected Again for European Investment Banking Sector
Cameron Systems announces FIX platform deal with XTrades AG; Banca Del Gottardo first to take advantage of XTrades CameronFIX-based Order Management System.
Paris, FRANCE, Trade Tech Equities Conference: Tuesday April 26, 2005 — Cameron Systems, the leading global provider of FIX industry standard messaging solutions, and Swiss-based firm XTrades AG, a leading provider of financial software and consulting services to the European investment management community, today announced a strategic agreement for integration of the CameronFIX platform with XTrades STP Order Management System – OrMa.
CameronFIX will provide the FIX-based trading enhancements for OrMa to enable customers to seamlessly send and receive trade messages using the dominant global industry standard. Leading Swiss Bank, Banca Del Gottardo, has already taken advantage of XTrades OrMa solution with the CameronFIX platform embedded.
“With our strong business reputation for financial solutions competency, it was critical XTrades partnered with a highly compatible FIX platform provider who could match us in product performance and customisation specialisation,” said Mikael Lundqvist, Head of Market Connectivity Solutions for XTrades AG. “We were hearing a lot of good things about Cameron’s FIX platform from our clients and the industry at large. Our experience with Cameron Systems confirmed the excellent feedback for its products and support; CameronFIX met our requirements for delivering the exceptional multi-platform, modularity, file persistence and routing capabilities we needed.”
“Over the past eight years we have worked hard to develop the world’s best FIX technology and we are pleased to be working with XTrades to further advance the adoption of the standard in Europe,” said Cameron Systems CEO, Peter Cooper. “The combination of XTrades market expertise and strong technical solutions with the seamless CameronFIX connectivity platform makes for a very beneficial offer in Europe.”
“Banca Del Gottardo’s selection of XTrades OrMa solution, with the CameronFIX platform embedded, is a continuance of our business practice to offer clients the most robust execution capabilities available,” said Alberto Foglia, Head of Front End and PMS development at Banca Del Gottardo. "As one of the leading banks in Switzerland we are very pleased to employ these proven and reliable product sets to further expand our services and market access to exceed our clients’ diverse needs.”
XTrades joins Cameron’s already established European partners PSH Consulting [Germany] and Alcion [France] for delivering superior trading solutions to the European investment management community.
The terms of the agreement announced today also give XTrades reseller rights for the CameronFIX platform in Switzerland and Italy. XTrades will provide custom development of FIX connections for private and investment banking firms, Brokers and Exchanges.
Cameron Systems is currently exhibiting at the Trade Tech Equities Conference in Paris until April 29.
About Cameron Systems
Cameron Systems is the only globally proven Financial Information Exchange protocol [FIX] trading solutions provider for worldwide Brokers, Fund Managers, Exchanges, Transaction Networks and Software Vendors across the securities and financial industry. Celebrating 8 years of success in 2005 with more connections, more customers and more products, Cameron Systems continues to help grow financial markets worldwide by actively supporting and playing a leading role in the expansion of the FIX protocol.
With offices located in New York, London, Sydney and Shanghai*, Cameron Systems works with its sales and support Partners and its worldwide client base to deliver greater efficiencies for all FIX trading to the thousands of institutions it connects globally across Equities, Commodities, Fixed Income, Futures & Options and Foreign Exchange.
The world’s leading securities and financial firms have selected the CameronFIX platform. These include Nomura Securities, Standard Chartered Bank, Credit Suisse First Boston, Singapore Stock Exchange, Fidelity Management and Research, Knight Securities, UBS, Citigroup, Barclays Capital, Charles River Development, CIBC World Markets, MarketAxess, Gartmore Investment Management, MFS Investment Management, Macquarie Securities and Dresdner Kleinwort Wasserstein.
*Shanghai Q2 2005
www.cameronsystems.com
About XTrades AG
XTrades provides its clients with powerful trading platforms, deploying cohesive solutions integrating business capabilities over the entire organisation. Our customers expect that we do this in a comprehensive yet cost effective manner, optimizing the value of their existing IT infrastructure. We believe that system integration is an ongoing process and organizations demand technologies that keep them ahead of their competitors and strengthen their market presence.
XTrades offers a wide range of electronic market connections and financial data management through its software while integrating end-to-end STP. The CameronFIX platform provides the FIX solution for XTrades FIX sales, consultancy, integration and support in Switzerland, Italy and surrounding countries.
www.xtrades.ch
Contacts:
Annie Walsh, Cameron Systems
annie.walsh@cameronsystems.com, +61.412.867.068
Glenn Cruickshank, Cameron Systems
glenn.cruickshank@cameronsystems.com, +44.7778.773.028
Mikael Lundqvist, XTrades AG
mikael.lundqvist@xtrades.ch, +41.79.294.18.38