20 January 2017
visit http://www.wolterskluwerfs.com

Fixnetix secures £3m facility from Barclays

25 September 2012  |  1833 views  |  0 Source: Barclays

Fixnetix, the fast-growing provider of trading technology services, has secured a new £3m facility from Barclays to support its on-going growth and expansion plans.

Set up in 2006, Fixnetix provides banks, hedge funds and proprietary trading groups with high-speed trading technology across a number of asset classes. The technology enables data and analytics from multiple platforms to be gathered in one place, allowing clients to execute trades rapidly. It also provides risk management solutions.

Fixnetix currently has 33 hosting centres, both within and near clients' offices, offering trading access to over 79 markets, with plans to further strengthen its presence across these geographies as well as developing its offering in Asia.

The company has seen impressive growth through organic development, and has won a number of industry awards including fourth place in the Sunday Times 2011 Microsoft Tech Track 100 league table, which ranks Britain's top 100 privately-owned TMT companies with the fastest growing sales over the last three years.

Irana Richards, Relationship Director in Barclays TMT team commented: "As the trading environment comes under increasing regulatory pressure, it's great to see a young, fast-growing fintech company navigate and adapt to an evolving landscape, which is traditionally dominated by large corporates. Fixnetix's innovation and clear focus on product development means it has carved a real niche for itself in the industry."

"Fixnetix is pleased to be working with Barclays and to be part of their efforts in funding small companies, in conjunction with the UK government's business initiative," says Hugh Hughes, Chief Executive of Fixnetix. "Our award winning company is expanding rapidly due to the need for ever more complex and timely risk control and managed services for leading traders in the marketplace." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit contisgroup.comVisit capgemini.com

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
15249 views comments | 85 tweets | 107 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
12287 views comments | 48 tweets | 42 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
10532 views comments | 30 tweets | 20 linkedin
hands typing furiouslyBlockchain: Time To Get Your Feet Wet
7268 views 0 | 23 tweets | 9 linkedin
RBI told the time is right to digitise the RupeeRBI told the time is right to digitise the...
7226 views comments | 14 tweets | 12 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job