CameronTec Announces New European Partner, DEVnet
London UK, Wednesday 29 September 2010: CameronTec, the financial industry’s leading provider of FIX infrastructure and connectivity solutions and wholly owned subsidiary of Orc Software, today announced an integration partner agreement with Munich-based consultancy DEVnet Holding GMBH. DEVnet, a specialist in trading and risk solutions, offers a broad range of services for both business and technology. The cooperation provides DEVnet with the opportunity to implement CameronTec products in Germany, Austria and Switzerland.
CameronTec’s alliance with DEVnet will bolster coverage in important European financial hubs such as Frankfurt, Munich, Vienna and Zurich, and complements core professional services for CameronFIX, the engine universally regarded as the reference standard for reliable, mature FIX applications. With proven track record and expertise in the areas of trading and risk management solutions, DEVnet is currently cooperating on CameronTec’s product implementations for exchanges across Europe.
“We see significant opportunity for the adoption of CameronTec solutions both within the mature and emerging markets in Europe, running in parallel with the financial industry’s increased uptake and mature deployment of FIX infrastructures,” says Anders Henriksson, CEO, CameronTec. “We believe our customers will benefit greatly from our cooperation with an expert like DEVnet.”
“We are pleased to form a partnership with CameronTec and work closely with the financial industry’s leading CameronFIX solution. With our many proven solution deployments in the areas of trading and risk, we consider this collaboration a good match in the area of market access. Fast and flexible market access plays a critical role for our clients.” says Andreas Kokott, CEO, DEVnet. “In CameronTec we have found an excellent partner to meet and address market demands now and in the future, using sound and proven technologies.”
Today’s news follows CameronTec’s recent announcement regarding its latest market innovation and new industry reference for FIX ecosystems, Catalys. Addressing the expanding cross-functional needs of sell and buy side firms, exchanges and ISV’s, Catalys offers a highly adaptive, integrated FIX infrastructure based on the widely-installed CameronFIX. Catalys recognizes the increasing complexity faced by firms managing decentralized FIX infrastructure in a global environment, and provides enhanced flexibility, control and insight.
In line with its commitment to respond to customer needs and deliver performance enhancements through incremental CameronFIX version upgrades, CameronTec will release CameronFIX Version 6.5 during Q4.
Meet CameronTec at Upcoming FIX Protocol Events:
During October and November, CameronTec will preview Catalys at a number of key FIX Protocol organization conferences, starting with Tokyo on October 6, Sydney October 13, New York October 21 and Stockholm November 23. Visit our booth to learn more about this latest market innovation and meet our team members closest to you.
About CameronTec
CameronTec is the financial industry’s leading provider of FIX infrastructure and connectivity solutions. Its latest market innovation Catalys takes FIX further and is the new industry reference for FIX ecosystems. Developed specifically to address the cross-functional needs of sell and buy side firms, exchanges and ISVs, Catalys is a highly adaptive, integrated FIX infrastructure.
Catalys is based on the industry’s most widely installed FIX engine, CameronFIX. CameronFIX is universally regarded as the reference standard for reliable, mature FIX engine applications. It is the outcome of 13+ years continuous investment in performance, scalability, interoperability and robustness. CameronFIX is today used by boutique to larger investment firms, brokerage houses, exchanges and regulators in 25 countries, on all five continents.
With truly dedicated customer service at the core of everything we do, CameronTec has offices in London, New York, Chicago, Stockholm, Paris, Hong Kong and Sydney.
CameronTec is an Orc Software Company and Premier Member of the FIX Protocol organization.
www.camerontec.com
About DEVnet
DEVnet is a highly innovative IT and business consultancy that provides expert services to the financial industry focusing on trading, risk management and finance. With outstanding business experience and technological knowledge, DEVnet’s specialists are experts in analysis, design, implementation and integration of mission-critical IT solutions.
DEVnet’s track record proves that the integration of state-of-the-art technology with sound business expertise is key to innovative, business driven IT solutions.
www.devnet.de
For further information: Annie Walsh, Chief Marketing Officer, CameronTec +44 (0)7748 633445 or Andreas Kokott, CEO, DEVnet, a.kokott@devnet.de, +49 (0)89 202084660.
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