Imported from previous forum
European Buy Side FIX Users Rank Financial Fusion #1
DCE Consultants/FIX Protocol Ltd. Survey Results Reinforce Leadership Position
CONCORD, Mass. – February 17, 2003 –- Financial Fusion Inc. announced today that the “European FIX User Survey 2002” produced with and on behalf of the European FIX Committee by DCE Consultants, recognizes Financial Fusion as the highest-rated provider of FIX solutions to the European Buy Side.
The survey, which, was conducted from April to August 2002 and released in January 2003 rates FIX solution providers in four categories: technical performance, functional coverage, support staff and overall vendor satisfaction. Survey results reveal that, “the Buy Side are most satisfied with Financial Fusion, which gained the highest score in all categories”. The Sell Side also commended Financial Fusion, rating the company number one in functional coverage and among the top three FIX providers for technical performance, support staff and overall vendor satisfaction. Additionally, Financial Fusion scored the highest cumulative score for FIX solution vendors who were rated in both Buy Side and Sell Side categories.
“The study affirms Financial Fusion’s leadership as the best overall FIX solution for the full range of FIX users on both the Buy Side and Sell Side,” said Richard Moore, president and COO, Financial Fusion Inc. “With Financial Fusion, customers have a competitively differentiated platform that allows them to support all their trading protocol needs from a single platform.”
About “European FIX User Survey 2002”
DCE Consultants and FIX Protocol Limited carried out the European FIX User Survey 2002 with and on behalf of the between April and November 2002. The survey covers information provided by 43 Institutional Fund Managers (Buy Side), 25 Broker-Dealers (Sell Side) and 47 Vendors from across the UK and Continental Europe. This is the first survey of its kind providing in-depth coverage of the usage of FIX today, as well as the outlook for the next year.
About Financial Fusion Solutions for Banking
Financial Fusion Banking Solutions are designed to meet the online needs of the financial services industry. Our solutions offer multiple delivery channel services for consumers, small businesses and corporate cash management customers. We support multi-banking environments, banking, bill payment, imaging, customer care, and OFX/IFX. Financial Fusion provides integrated financial solutions to more than 200 of the world’s leading financial institutions. Financial Fusion maintains strategic technology relationships with BEA, IBM, Microsoft, Sun Microsystems, and SWIFT. The company supplies service and support in 60 countries and is a wholly owned subsidiary of Sybase, Inc. (NYSE: SY).
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