Pictet deploys Ullink’s connectivity and order routing platform, the ULBridge

Imported from previous forum

Paris – September 05, 2006 - Ullink, the Global Transactional Connectivity Provider working with the financial community, announced today that it has been selected by Pictet to answer its connectivity needs.

Pictet, Switzerland’s largest private bank and one of the premier asset management specialists in Europe, has chosen the ULBridge, Ullink’s connectivity and order routing platform.

“We chose Ullink as they can provide us with the complete solution we need for a service oriented architecture that significantly improves our ability to deliver. The ULBridge is more than a FIX engine. It offers smart order routing and monitoring functions in addition to connecting all applications and execution venues in any FIX protocol or native API. This comprehensive platform enables us to easily manage our connectivity through a single point. One of the selection criteria was the ULBridge’s modularity. Connections (plugins) can be added, modified or removed without changing the underlying infrastructure, enabling easy adaptation to our evolving business needs. Furthermore, the extensive library of already developed plugins offers an intuitive plug and play feature, answering our need for fast adaptation,” says Fabien Sawaf, IT Director of Pictet.

Laurent Useldinger CEO of Ullink: “We developed a solution that offers many features and we are pleased to see that Pictet uses most of the platform’s functionality. Although connectivity and order routing are the core concepts of the ULBridge, it is also embedded with risk filtering and monitoring, to bring additional value to our customers.”

A brief resume of Pictet:
The Pictet Group is a European leader in private and institutional asset management, as well as in fund management and distribution. Today it has more than CHF300 billion of its clients’ assets under management and administration. The Group operates in 12 countries on three continents with 17 offices and more than 2,000 staff.
A brief resume of Ullink:

Ullink (www.ullink.com), the architect of the modular transactional connectivity concept (ULBridge) is the industry leader in its field. Having a library of thousands of connectors (plug-ins) developed and supported worldwide, Ullink is one of the true global FIX solution providers. With complete monitoring (Odisys), integrated risk control system (ULIris), and native connections to each of the major exchanges, ECNs and liquidity providers, Ullink’s product suite is an industry proven solution.
Consultancy and support are fully integrated providing our customers with scalable services that comply with the most demanding of requirements.
Our flexible solutions are also available in ASP mode through our Ullink.net network (www.ullink.net).