11 February 2016

Tanius Technology adopts Rapid Addition FIX engine

18 February 2013  |  1043 views  |  0 Source: Rapid Addition

Rapid Addition, the leading provider of trading technology to buy- and sell-side financial institutions, announced that Tanius Technology, a Californian algorithmic trading firm, is leveraging its FIX engine and CME feed handler products to match their increased processing needs.

Buy-side client demand for cost effective, easy to implement, solutions that deliver order execution with predictable low latency characteristics have increased significantly in recent years. Rapid Addition provides the world's lowest latency and highest performing solution alongside first-rate API connections.

Kevin Houstoun, Chairman, Rapid Addition said: "It is significant that Tanius, a firm with exceptional internal business systems, has recognised the benefits that Rapid Addition's products can deliver in terms of reduced slippage against execution strategies. This illustrates that properly designed software, based on Microsoft's .Net framework, can reduce latency and eliminate the jitter that can be so expensive in today's trading environment. We look forward to working with them throughout the implementation process."

The firm's solutions enable clients to benefit from increased throughput, lower deterministic latency as well as operational flexibility, thereby providing reduced total cost of ownership and an accelerated return on investment (ROI). Its integrated and fully scalable C# and .NET software solution will keep Tanius ahead of the curve in an ever more competitive market.

Karl Schulze, Member at Tanius Technology added: "After a thorough evaluation process and having worked with many software suppliers in the past, Rapid Addition's products and people are providing us with a trading architecture that perfectly complements our algorithmic trading strategies for reliability and performance, as well as that all important quick ROI. We are now able to meet our key objectives and we too look forward to working together as and when our requirements change." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
UK sets out open banking API framework
13320 views comments | 91 tweets | 84 linkedin
Visa opens up to developers
9435 views comments | 26 tweets | 43 linkedin
European mobile banking service Pocopay go...
7895 views comments | 25 tweets | 14 linkedin
How to accelerate your fintech startup
6966 views comments | 32 tweets | 9 linkedin
Deutsche Bank calls for co-operation with...
6890 views comments | 27 tweets | 30 linkedin

Featured job

up to £95K base, £190K OTE, benefits
London, UK

Find your next job