Imported from previous forum
[ original email was from David N.W. Sawyer - david.sawyer@radianz.com ]
Ullink Selects Radianz for its Global Transactional Connectivity Solution
PARIS – (8 November 2004) – Radianz, the leading global provider of financial connectivity services, and Ullink, the European leader of global transactional connectivity management, today announced that the Ullink.net services will be available via Radianz’s shared market infrastructure of more than 10,000 financial services sites worldwide.
By Ullink offering buy-side FIX connectivity services through Radianz, its financial community will gain further access to Ullink’s technology and service provision for transactional connectivity. Already processing millions of transactions per day on existing client sites, including most of the largest global brokers, the Ullink core technology – the ULBridge - is now available in ASP mode to enable financial institutions to rely on certified experts to build, enhance and ensure their FIX connectivity needs.
“We have been offering access to our various clients through Radianz for more than four years; all via one resilient connection and through its fully managed service solution,” said Laurent Useldinger, Chairman & C.E.O. of Ullink Inc.
“As Ullink is a leading expert in transactional connectivity to the buy-side community and Radianz is the market leader in financial services connectivity, elevating our business to the Provider level is a natural step in a long and mutually beneficial relationship.”
The Ullink services includes a comprehensive set of monitoring tools (connectivity status, statistical data on performance) and connection to new counterparties regardless of an institution’s FIX version or rules of engagement, within unrivalled time frames. The Ullink Network supports all asset classes, FIX versions, and message types, and can enable FIX connectivity to “non-speaking FIX” trading applications.
“The industry’s view of connectivity has changed,” said Stéphane Leroy, Radianz Western Europe business development director. “As more market participants move away from the traditional point-to-point model for connectivity and trading protocols to a shared infrastructure, they are using Radianz.”
About Ullink
Ullink (www.ullink.net) is a Global Connectivity Provider working with large, medium and niche financial institutions. With over 700 Connections created worldwide, Ullink has reached an unrivalled level of expertise in connecting FIX counterparties. With a presence in Paris, London and New York, Ullink is positioned to achieve the highest standards to satisfy the most demanding requirements.
About Radianz
Radianz (www.radianz.com) is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company’s shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain. In 2004, the readers of WATERS magazine named Radianz “Best Network Provider.” Radianz was founded by Reuters (LSE: RTR; NASDAQ: RTRSY) and Equant (NYSE: ENT) (Euronext Paris: EQU) in June 2000 and operates as an independent company.
Radianz and the lighthouse logo are trademarks of the Radianz group of companies worldwide.
CONTACTS:
For Ullink:
Laurent Useldinger
Laurent.useldinger@ullink.com
+33 (0) 1 49 95 30 01
For Radianz:
Patrick Kilhaney
Intermarket Communications
212-888-6115 Ext. 223
Kelly O’Brien
Intermarket Communications
212-888-6115 Ext. 256