Imported from previous forum
Pravega Financial Technologies, Inc. (PFT), a financial technology solution company, announced the worldwide launch of its VegaFIX System Version 3.0 software. The new benefits of this software release are designed to provide complete back-office solutions for FIX and non-FIX trading platforms.
New features include trade engine with Risk management which will provide both Buy side and Sell side firms complete control of trade flow at FIX Gateway level and the ability to generate OATS report for compliance.
Enhancements made in internal and external order/trade routing for maximum performance and flexibility to route to non-FIX trading platforms and native protocols, will allow all existing and new legacy applications, both FIX and non-FIX, to integrate seamlessly, which can be built independently, configured and monitored.
Additional enhancements were made to provide complete Straight Through Processing (STP) solutions.
PFT made more enhancements of the overall performance of the Engine and adopted an industry standard high-performance memory-mapped back-end for trade processing.
“We are confident that this release will help firms to reduce their operational and development costs significantly,” said Srinivas Eadha, President and Founder of PFT.
About Pravega
Pravega® Financial Technologies, Inc. is a self-funded technology provider for financial firms, incorporated in 2009, IL. PFT is a small firm with over 15 years of development experience in capital markets in the USA and owns a small Research and Development Center in India with a dedicated highly skilled development and quality assurance team.
PFT provides complete back-office trading infrastructure solutions and provides professional services in performance improvement, architecture and development of trading platform technologies, including FIX, FIX Gateways, FX exchange connectivity, SWIFT Network and proprietary/native protocols.
Please visit http://www.pravegatech.com.
Contacts
Pravega Financial Technologies, Inc.
Srini Eadha, 630-215-5151
srini.eadha@pravegatech.com