Financial Fusion launches GlobalFIX

Financial Fusion launches GlobalFIX

Financial Fusion has launched TradeForce Suite GlobalFIX, a new solution offering financial institutions enterprise-level FIX connectivity features and options at entry-level pricing.

The solution includes Financial Fusion Message Broker, an XML-based component that will provide both large and small institutions with the capability to modify FIX message formats so they can connect with trading partners that have modified FIX environments.

TradeForce Suite GlobalFIX comes complete with a bundled enterprise Java application server and database; no limit on the number of deployment CPUs; unlimited session connections and transaction limits, and no developer count restrictions on the development server.

The packaged solution is available in three deployment editions for Windows 2000, Sun Solaris and HP-UX. GlobalFIX Standard Edition provides production and warm back-up, GlobalFIX Clustered Edition allows clustering for increased transaction volume and disaster recovery and GlobalFIX HA Edition provides increased power and resilience for full 'hot back-up' and fault tolerance.

Mike Dutton, vice president, Financial Fusion, says: "With several GlobalFIX options, Financial Fusion is expanding the functionality of a traditional FIX solution and providing a uniquely positioned solution set that is able to serve the diverse needs of the worldwide FIX marketplace."

In a separate announcement, Financial Fusion has launched its ISO 15022 accelerator program designed to enable over 3400 investment and asset managers who have not yet implemented the new standard to comply with the Swift deadline in November.

The ISO 15022 accelerator program comprises an upgraded set of Swift libraries with full ISO 15022 compliance for new message types, comprehensive 7775 to 15022 mapping, a multi-platform conversion tool, and five days of professional services consulting and analysis.

The company claims the program can also be used as the first step in creating a complete DFD repository solution.

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