Imported from previous forum
SolutionForge Launches FIX/FIXML Adapter for Microsoft BizTalk Server 2004
- Adapter provides effective link between Microsoft BizTalk Server 2004 and SolutionForge’s FIX.NET Server
- Allows easy integration of SolutionForge’s Microsoft-based FIX engine into mainframe environments
- Bankdata, leading Danish banking services firm, first to benefit from BizTalk adapter’s functionality
9th June 2004 – SIA Technology Management Conference and Exhibit, New York - SolutionForge, a leading provider of trade processing solutions for the Microsoft platform, today announced the launch of an adapter for its market-leading FIX/FIXML engine, FIX.NET Server, to work with Microsoft BizTalk Server 2004.
The adapter enables prospective users of Microsoft’s flagship enterprise application integration (EAI) solution, BizTalk Server 2004, to interface with trading infrastructures based on the industry-standard FIX protocol. The product is due to go live shortly at Danish banking services firm Bankdata, which has recently implemented SolutionForge’s FIX.NET Server FIX engine. Bankdata is adding BizTalk Server 2004 and SolutionForge’s FIX/FIXML BizTalk adapter in order to provide its clients with a straight-through link from their systems to their trading counterparties.
The Bankdata project will provide FIX capabilities to the firm’s mainframe-based banking solution. FIX.NET Server supplies the FIX messaging and FIXML conversion, while BizTalk Server 2004 provides business logic including the conversion of FIXML messages to and from the mainframe application’s internal formats. The new SolutionForge adapter ensures robust exchange of FIX messages with BizTalk. BizTalk Server 2004’s graphical tools allow Bankdata to add new message formats and updated business logic at much lower cost and with less disruption than standard hard-coded solutions.
Anne Kirketerp, Security & FX Department Manager, Bankdata, adds: “We always strive to improve the services we offer our clients. FIX trading is a key new capability for Bankdata and SolutionForge’s robust technology, coupled with their first-class technical support has made this a very smooth process. Having BizTalk Server 2004 in the solution provides us with a lot of flexibility to accommodate different customer requirements going forward.”
Steve Wilkinson, founder and CEO, SolutionForge, adds: “As one of Microsoft’s preferred providers for FIX connectivity, we have been working with the BizTalk team since version 1.0 of the product. Our FIX/FIXML adapter for BizTalk Server 2004 is the natural evolution of that ongoing cooperation and we see substantial opportunities for use of this technology both within customer-developed solutions and within our own products.”
Kenny McBride, Managing Director, Securities & Capital Markets for Microsoft, comments: “Combining the flexible message processing capabilities of BizTalk Server 2004 with SolutionForge’s robust FIX engine provides our joint customers with a powerful way to FIX-enable their applications.”
ENDS
ABOUT SOLUTIONFORGE
SolutionForge serves the international financial community with a specific focus on Straight-Through Processing solutions. As an experienced provider of solutions that implement the Financial Information Exchange protocol (FIX) and member of FIX Protocol Ltd, SolutionForge has developed a track record of successful customer projects, by complementing off-the-shelf software with focused professional services.
For further information visit www.solutionforge.com
Contact: Kevin Lee +44 (0)1277 312 304.
ABOUT BANKDATA
Bankdata is one of the major IT providers in the Danish financial sector. Bankdata provide all kinds of services needed in modern financial institutions such as banks, savings banks, stockbrokers etc. Services include all aspects of system development and the operation of a large scale computing centre.
The computing centre serves 4,000 bankers that operate 1.5m customers with 1.9m accounts. 150,000 customers have direct access to Bankdata’s extensive e-banking services.
Bankdata offers a large span of applications for accounting, CRM and internet banking – applications that give the customer a clear and sharp business profile in both the back and front office.
Bankdata is organised as an association, with the purpose to develop IT-solutions, data processing and related activities for the members of the association and for service members. The organisation – founded in 1967 - is owned by 15 Danish banks and employs more than 350 IT professionals. The annual turnover is more than 330,000,000 DKK and the assets are over 300,000,000 DKK.
ABOUT THE FIX PROTOCOL
More details about the FIX protocol can be found at www.fixprotocol.org.
ABOUT MICROSOFT BIZTALK SERVER 2004
Microsoft BizTalk Server 2004, part of the Microsoft Windows Server System, helps customers efficiently integrate systems, employees and trading partners through manageable business processes enabling them to automate and orchestrate interactions in a highly flexible, highly automated manner. Built on the Microsoft .NET Framework and integrated into Microsoft Office System and Visual Studio .NET 2003, BizTalk Server 2004 addressed the unique needs of information technology professionals, information workers and developers to increase efficiency and productivity.
Product and company names herein may be the property of their respective owners.