Greenline Delivers Its VeriFIX® Automated Testing Tool to Primary

Imported from previous forum

CHICAGO, October 23, 2012 – Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced it has delivered VeriFIX®, Greenline’s automated connectivity testing tool, to Primary, the leading capital markets technology firm in Argentina. Primary used VeriFIX to test its FIX trading platform and trading interfaces.

The Primary FIX trading platform provides transactional access to ROFEX, Argentina’s largest futures exchange. Primary is one of the first providers of electronic trading services in the region to use the international FIX Protocol messaging standard, and its FIX-enabled trading platform allows for connectivity to other regional and global marketplaces.

Greenline’s VeriFIX is the industry’s leading solution for automated testing of multiple market gateways and exchange destinations. VeriFIX is available 24/7 and supports both FIX and proprietary protocols. VeriFIX does not interfere with live systems, therefore clients can complete a variety of test case scenarios and eliminate the need for costly manual testing. Primary was able to complete a greater number of testing scenarios within a flexible timeframe.

“We chose Greenline’s VeriFIX for its superior technology and reliable results. VeriFIX is a flexible tool that offers broader test-case coverage and better bug discovery. Greenline’s robust solution enabled our technologists to complete testing against multiple interfaces and for all of the latest FIX Protocol languages supported. The stability of the VeriFIX tool helps maintain quality and performance for our clients during the testing period,” said Sebastian Ferro, Chief Executive, Primary.

“Greenline has provided electronic trading technology solutions to the largest and most innovative Latin American marketplaces. We are pleased to work with Primary, a leader in trading technology in Argentina, to support the continued evolution of electronic trading in the region,” said Josh Tolman, president, Greenline.

“We believe that comprehensive quality assurance testing should deliver reliable, actionable results. VeriFIX can test across all components of the trading infrastructure and deliver real-time results for our clients to better address technical issues and reach the finish line in the development process. Our customers value the stability and flexibility of VeriFIX,” said Diego Anfossi, Project Manager, Greenline.

About Greenline

Greenline provides superior FIX and proprietary protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. Greenline’s flagship product suite, VeriFIX®, CertiFIX®, MagniFIX®, MetriFIX®, Latency Monitor and Exchange Central, delivers end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX and proprietary protocols. In addition, its premier Professional Services consultancy can evaluate and improve clients’ business strategy and trading technology operations, leveraging its expertise across all connectivity and messaging protocols. With global reach and client experience, Greenline is ideally positioned to meet the demand for connectivity and related trading technology. Greenline Financial Technologies, Inc. is a member of FIX Protocol Limited – North Americas, and is a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more information, please visit www.greenlinetech.com.

About Primary

Primary is one of the leading providers of e-trading services, solutions and technology for exchanges, broker/dealers, traders and institutional investors in Latin America. Through an offering the combines the best technology available with more than one uninterrupted decade of operational experience, Primary is a reliable partner for participants in the financial markets that require comprehensive transactional connectivity solutions, electronic trading and payment, data management and real-time critical operations outsourcing. Since 1998, Primary has served a range of markets and companies. Customers include: ROFEX, Electronic Market Changes, Stock Market Mendoza, Deutsche Bank, JP Morgan, BBVA Banco Frances, Standard Bank, HSBC, Citibank, Banco Galicia and Merrill Lynch. Primary is supported by over 200 banks and OTC securities dealers who use its platforms in the region.

Media Contact

Diana Bhaktul
Marketing and Communications
Greenline Financial Technologies, Inc.
Tel: +1.212.813.6354
Email: dbhaktul@greenlinetech.com

Maria Victoria Giachello
Marketing and Communications
Primary S.A.
Tel: +54-341-5302921
Email: mgiachello@primary.com.ar