Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
Yamner & Co. Selects CameronFIX Solution for Enhanced FIX Strategy
NEW YORK, NY, June 22, 2004 — New Jersey–based broker dealer Yamner & Co. Inc., this week announced the deployment of the CameronFIX Engine for an enhanced FIX strategy. Yamner will utilize the CameronFIX Engine for processing real-time execution and settlement information via the FIX protocol, in support of its 700+ institutional, and several thousand high net-worth retail clients.
Steve Goldman, Yamner’s CEO, comments, "For a highly scalable implementation of the FIX protocol, we require the highest performance, most mature FIX solution. Such a design should minimize the complexities of FIX, making it simple, and allowing us to operate with greater ease and efficiencies. After evaluating virtually all of the reputable FIX engines available, we were able to confidently conclude that CameronFIX outperforms not only in speed but also in simplicity.
"Many aspects of Cameron’s technologies impressed us. For example, we found their Monitoring GUI to be exceptional. Real-time electronic transactions, mostly in sub-seconds, require tools for maximum visibility that in some ways can be likened to instruments required for flying a plane. The more you can see, the greater your ability to respond quickly. In problematic situations, seconds count. Cameron’s design is outstanding. Technical support was also fundamental to our final decision and we found Cameron Systems to be highly service-orientated."
Goldman continues, “Yamner has been involved in FIX since the protocol’s early maturation in the mid- and late-1990’s. Over the years, our affiliated software company has been building order management and routing technologies, having delivered solutions to some of the industry’s most notable firms. With transaction volumes expanding, and delay tolerances narrowing, we fully understand the absolute need to employ the best technologies in support of our high volume agency trading desk. We connect to over 82 contra-destinations, including all ECNs, regional and listed exchanges, third and fourth markets, ATS’s and other market centers. CameronFIX gives us a highly reliable, efficient way to operate across these various routes.”
"Yamner & Co’s decision to switch to CameronFIX after the firms lengthy FIX engine evaluation process is a great result for Cameron Systems," said Cameron Systems Commercial Director Martin Koopman. "We are pleased to be providing FIX expertise and connectivity for their 700+ institutional clients."
Yamner & Co. deployed the CameronFIX Engine in May of 2004. The purchase of the CameronFIX Engine version 6.1 came complete with Monitoring 3.0 and Scheduling options.
About Yamner & Co., Inc. www.yamner.com
Yamner & Co., Inc. is a New Jersey-based agency broker dealer servicing the financial markets for nearly thirty years. Yamner services over 700 institutional clients as well as several thousand high net-worth retail clients. Yamner offers a highly skilled equity and options trading desk, which further utilizes its proprietary and third party order management systems in offering its clients superior trade execution and customer services.
About Cameron Systems www.cameronsystems.com
Cameron Systems remains focused on FIX. Its flagship product, the CameronFIX engine, is a highly scalable solution suitable for large and medium size fund managers, brokers and exchanges, as well as smaller companies who use the FIX protocol. Cameron Systems client base is global in over 15 countries in North America, Europe and Asia Pacific. Major customers include UBS, Fidelity Management and Research, Knight Securities, CIBC World Markets, Nomura Securities, Charles River Development, LatentZero, Barclays Capital, MFS Investment Management, Madoff Securities LLC and Dresdner Kleinwort Wasserstein. Cameron Systems has offices in New York, London and Sydney. Cameron Systems is a Global Member of the FIX Protocol Organization.
Cameron Systems is next exhibiting at SIBOS Atlanta October 11 – 15, 2004 – stand F104 [directly opposite the SWIFT stand].
Contacts:
Annie Walsh, Cameron Systems,
Tel. +61.412.867.068, aw@cameronsystems.com
Martin Koopman, Cameron Systems,
Tel. +1.917.639.4127, mk@cameronsystems.com
Steve Goldman, Yamner & Co.,
Tel. +1.201.587.2424, steve@yamner.com