Products/Networks for Business Continuity Plan

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Imported from previous forum

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All, We use Sungard Fix Engine for our Order Management system(Omni) accessing Sungard Transaction Network. I have been asked to research an alternative in case STN goes down.

What we would need is the Transmission and receipt of Fix message order. We do not need a full OMS sytem.

I have researched and it looks like the following are major players:
Thomson’s - Trade Route…???
NYFIX - Appia…flat cost
SWIFTNet…cost per message
B2Bits / Easy Screens…flat cost

With that said, we would be more inclined to go to a varible pricing as it would just be for backup. Any thoughts/reccomendations for a low cost solution? I am very new to this space.

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[ original email was from Sreedhar Tulluri - stulluri@paxclearing.com ]
Try Appia - Very stable , performs well and low cost

> All, We use Sungard Fix Engine for our Order Management system(Omni) accessing Sungard Transaction Network. I have been asked to research an alternative in case STN goes down.
>
> What we would need is the Transmission and receipt of Fix message order. We do not need a full OMS sytem.
>
> I have researched and it looks like the following are major players:
> Thomson’s - Trade Route…???
> NYFIX - Appia…flat cost
> SWIFTNet…cost per message
> B2Bits / Easy Screens…flat cost
>
> With that said, we would be more inclined to go to a varible pricing as it would just be for backup. Any thoughts/reccomendations for a low cost solution? I am very new to this space.
>
>

4

[ original email was from Max Mansur - max.mansur@swift.com ]
Sreedhar,

SWIFTNet FIX does not charge per message, but are counterparty participation based. Please contact me and I’ll get you the details.

Max Mansur
SWIFT Pre-Trade Applications
+1-703-365-6207

> All, We use Sungard Fix Engine for our Order Management system(Omni) accessing Sungard Transaction Network. I have been asked to research an alternative in case STN goes down.
>
> What we would need is the Transmission and receipt of Fix message order. We do not need a full OMS sytem.
>
> I have researched and it looks like the following are major players:
> Thomson’s - Trade Route…???
> NYFIX - Appia…flat cost
> SWIFTNet…cost per message
> B2Bits / Easy Screens…flat cost
>
> With that said, we would be more inclined to go to a varible pricing as it would just be for backup. Any thoughts/reccomendations for a low cost solution? I am very new to this space.
>
>