21 August 2017
visit www.avoka.com

Prebon turns to SonicMQ for global messaging backbone

27 January 2004  |  3715 views  |  0 Prebon turns to SonicMQ for global messaging backbone

Money broker Prebon Yamane has standardised on the Sonic MQ messaging server from Sonic Software as the backbone for its Global Brokering System, which aims to achieve straight-through processing across its major offices in New York, London and Singapore.

Prebon says it selected SonicMQ for its ability to integrate with the wide variety of financial messaging protocols used by its banking customers, such as FIX or Swift, and other messaging middleware products such as Tibco Rendevous or IBM WebSphereMQ. Additionally, SonicMQ emerged as the best performing JMS-based message server in benchmarking tests that reflected Prebon's trading environment. The broker says Sonic proved best in performance, resiliency, fail-over, security and ease of use for the developers.

"We have to support everything and connect to anything, this is one of the benefits offered by SonicMQ together with its scalability and guaranteed delivery," says Geoffrey Sanderson, CEO, Prebon Technology Group. "It is a business imperative that trade notifications and confirmations reach their destinations. Our IT strategy is to choose best of breed products in their particular space. We've decided that SonicMQ is the best product for the job and are now standardising on it as our enterprise messaging backbone."

Prebon is rolling out the latest release of SonicMQ, which includes Sonic Software's patent-pending Dynamic Routing Architecture and clustering technologies, for unlimited scalability. Prebon has also begun a proof of concept with Sonic's enterprise service bus, under an initiative aimed at achieving a more closely integrated workflow approach and service-oriented architecture.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Prebon Yamane rolls out broking STP system on BEA WebLogic Platform

Prebon Yamane rolls out broking STP system on BEA WebLogic Platform

24 November 2003  |  4869 views  |  0 comments
Prebon Yamane upgrades order management system with Exigen

Prebon Yamane upgrades order management system with Exigen

12 August 2003  |  3214 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.dorsum.eudownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11606 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9917 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9693 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9399 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9365 views comments | 10 tweets | 8 linkedin