28 July 2017
visit www.avoka.com

Fixnetix secures £3m facility from Barclays

25 September 2012  |  1911 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)
visit www.www.fisglobal.comdownload the paper nowvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
UK judge blocks £14bn class action suit against MastercardUK judge blocks £14bn class action su...
11467 views comments | 7 tweets | 7 linkedin
Yet more deals announced in payments sectorYet more deals announced in payments secto...
10566 views comments | 7 tweets | 21 linkedin
Machines could take over 30% of bank jobs: McKinseyMachines could take over 30% of bank jobs:...
10444 views comments | 30 tweets | 29 linkedin
US firm to implant employees with RFID chipsUS firm to implant employees with RFID chi...
9191 views 16 comments | 33 tweets | 38 linkedin
Credit scoring startup Aire raises $5m; wins Zopa dealCredit scoring startup Aire raises $5m; wi...
8272 views comments | 9 tweets | 8 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job