Source: MCC
MCC, a leading provider of financial software and services to the global investment banks, capital markets and corporate institutions, is pleased to announce that its FaSTP offer now covers Kondor+ to any FIX peer (4.X up to 4.4).
This specific product is composed of :
- FaSTP flexible framework ;
- Kondor+ FaSTP technical service ;
- FIX technical service.
The solution, deployed on a client's site, can be used to implement the following process :
download Kondor+ pending trades to BondVision Order Book using a FIX 4.2 link ;collect executed deals using this same FIX 4.2 link ;update Kondor+ corresponding deals from 'pending' to 'valid'.
FaSTP products suite provides :- straight to the point workflow framework connectivity to existing systems (Kondor+), ECNs (BondVision, SwapsWire, Bloomberg…) or middleware (JMS, TibCo, FIX...) ;
- messages transformation (using the "best in class" tools) ;
- monitoring, replay functionalities.
Technologically, FaSTP is a full Java application based on Open Source technologies (EJB3, SOA) that comes with :- rapid implementation of new markets, position keeping systems and integration workflow ;
- database and platforms independence ;
- scalability.