Renaissance Capital Limited, a UK-based broker-dealer focusing on the Russian financial markets, has gone live with SolutionForge's FIX engine, FIX.NET Server.
Renaissance Capital will use FIX.NET Server on the Transaction Network Services (TNS) IP-based network to route orders and executions to and from its clients using the FIX protocol.
Dennis Fulling, CFO of Renaissance Capital, says: "The technical set-up of the product and its flexibility will allow us to upgrade our FIX capability very quickly as and when required."
The firm went live with the FIX engine four weeks after the implementation project began.