Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
For Immediate Release:
Bernard L. Madoff Investment Securities LLC Replaces In-house FIX Engine with CameronFIX Solution.
NEW YORK, NY, Wednesday 31 March, 2004 — New York–based international market-maker Bernard L. Madoff Investment Securities LLC ["Madoff"] has replaced its in-house proprietary FIX engine with Cameron Systems’ FIX protocol engine — CameronFIX, resulting in the standardization of all Madoff’s FIX processing into the one unit.
"CameronFIX has enabled us to consolidate our FIX development efforts. At the end of the day, this means we are much better able to maintain and support our FIX clients," said Liz Weintraub, Madoff’s Head of Information Technology. "Historically it took us approximately two weeks to bring new customers into our testing environment. With CameronFIX we can now do this in under a day. The flexible architecture and scalability of CameronFIX has resulted in greater efficiencies for Madoff and importantly, these features also meant we were able to easily integrate the FIX engine with our existing infrastructure."
"We are pleased that Madoff Securities, well known for its sophisticated technologies, has switched to CameronFIX and is therefore bypassing any further maintenance of an in-house FIX messaging solution," said Martin Koopman, Cameron Systems Commercial Director.
Madoff deployed CameronFIX during November 2003 and are currently migrating current FIX customers from its proprietary interface programs.
Cameron Systems is next exhibiting in Europe at Trade Tech Paris April 27 – 29, and in the U.S. at SIA Technology Management Exhibit, June 8 – 10 in New York.
About Bernard L. Madoff Investment Securities LLC www.madoff.com
Bernard L. Madoff Investment Securities LLC is a leading international market maker that has provided quality executions for broker-dealers, banks, and financial institutions since its inception in 1960. During this time, Madoff has compiled an uninterrupted record of growth, which has enabled it to continually build its financial resources. Its sophisticated proprietary automation and unparalleled customer service delivers an enhanced execution that is virtually unmatched in the industry.
About Cameron Systems www.cameronsystems.com
Cameron Systems remains focused on FIX. Its flagship product, the CameronFIX engine, is a highly scalable solution suitable for large and medium size fund managers, brokers and exchanges, as well as smaller companies who use the FIX protocol. Cameron Systems client base is global in over 15 countries in North America, Europe and Asia Pacific. Major customers include UBS, Fidelity Management and Research, Knight Securities, CIBC World Markets, Nomura Securities, Barclays Capital, Dresdner Kleinwort Wasserstein and Credit Suisse First Boston. Cameron Systems has offices in New York, London and Australia. Cameron Systems is a global member of the FIX Protocol Organization.
Contacts:
Annie Walsh
Corporate Communications Manager
Cameron Systems
Tel. +61 412 867 068
aw@cameronsystems.com
Martin Koopman
Commercial Director
Cameron Systems
Tel. +1 212 858 7701
mk@cameronsystems.com
Liz Weintraub
Head of Information Technology
Bernard L. Madoff Investment Securities LLC
Tel. +1 212 230 2439