Imported from previous forum
Edinburgh, Scotland, 25 September 2002 - Apt Computer Systems Limited, a leading provider of FIX (Financial Information eXchange) engines and connectivity software tools for the financial world, announces that SWIFT has purchased it’s FIX Simulator for testing the SWIFTNet FIX pilot service.
For the past three months SWIFT has been running its SWIFTNet FIX pilot using Apt’s FIX Simulator as part of the testing for its hub. The agreement to use Apt for the pilot was negotiated and signed earlier this summer. “The SWIFT technical team working on the pilot really put our Simulator through its paces covering every conceivable FIX scenario,” said David Shobrook, Apt’s Marketing Director.
“SWIFT needed an easy to use, flexible and powerful tool for message exchange testing with the pilot firms connecting to our FIX hub. Apt’s Simulator was the perfect fit for this aspect of the comprehensive pre-live testing of the SWIFTNet FIX service ” said Matt Fox, SWIFTNet FIX Program Manager.
The SWIFTNet FIX Service enables firms connected to SWIFTNet to access multiple trading partners around the world through a single FIX session. The service eliminates the need for firms to maintain multiple network and application-level connections to trading partners, substantially reducing the cost and risk associated with electronic trade communications.
About Apt Computer Systems Limited
Apt is the premier provider of connectivity software and leading edge FIX protocol tools for the financial industry. The company’s comprehensive range of FIX engine software gives financial organisations the ability to trade electronically and move closer to STP (straight through processing) of their business transactions. The combination of Apt’s unique FIX Implementation
Methodology and its FIX simulation tool set enables businesses to quickly and easily gain competitive advantage. Founded in 1998, Apt is headquartered in Edinburgh. For further information visit: http://www.aptcompsys.com/
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For further information please contact:
Linda Handley
Apt Computer Systems Limited
7-9 North St David Street
Edinburgh EH2 1AW
Tel: +44 (0)131 524 9450
Email: sales@aptcompsys.com