Imported from previous forum
[ original email was from David N.W. Sawyer - david.sawyer@radianz.com ]
FIX CITY SELECTS RADIANZ’S SHARED INFRASTRUCTURE FOR ACCESS TO IOI DISTRIBUTION TOOL
LONDON (October 4, 2004) – Radianz, the leading global provider of financial connectivity services, announced today the addition of FIX CITY Ltd, a leading independent FIX consultancy, and provider of software solutions, to its community of users.
As a part of the agreement, FIX CITY will make available its next generation IOI (indications of interest) distribution service, ioinet, to the Radianz community of 10,000 financial services sites worldwide. As an IOI distribution tool, ioinet enables buy-side dealers to find liquidity in an increasingly fragmented market. Through its web interface, advanced message filtering engine and integration with buy-side order management systems, ioinet delivers IOIs directly to users desktops and enables dealers to control the flow of IOIs received daily.
“Through Radianz’s shared infrastructure our customers will have quick, easy and secure access to the ioinet service,” said Amy Muddimer, Director, Sales & Marketing at FIX CITY. “Moreover, a majority of our potential customers are already connected to Radianz, which accelerates our time to market and simplifies the overall connectivity process.”
“FIX CITY joins more than130 Providers distributing products and services through Radianz to their customers around the world,” said Chris Church, EVP strategic client development at Radianz. “We are pleased to have FIX CITY as a part of our community and look forward to working with them to provide customers with cost-effective access to the ioinet service.”
About Radianz
Radianz (www.radianz.com) is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company’s shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain. In 2004, the readers of WATERS magazine named Radianz “Best Network Provider.” Radianz was founded by Reuters (LSE: RTR; NASDAQ: RTRSY) and Equant (NYSE: ENT) (Euronext Paris: EQU) in June 2000 and operates as an independent company.
Radianz and the lighthouse logo are trademarks of the Radianz group of companies worldwide.
About FIX CITY Ltd
FIX CITY (www.fixcity.co.uk) is a leading independent FIX consultancy in the City of London. FIX CITY provides practical aid to organisations implementing FIX, in addition to their ioinet service.
FIX CITY is a member of the FIX Protocol Limited (FPL) www.fixprotocol.org.
For more information see www.ioinet.com.
CONTACTS:
For Radianz:
Patrick Kilhaney
Intermarket Communications
212-888-6115 Ext 223
Patrick@Intermarket.com
JoAnn Healy
Intermarket Communications
212-888-6115 Ext. 226
JoAnn@Intermarket.com
For FIX CITY Ltd:
Paul Scott
FIX CITY Ltd
+44 (0)20 7324 6170
Paul.scott@fixcity.co.uk