19 October 2017
Register now

Cameron Systems negotiates rights to DrKW Euronext FIX adapter

03 July 2002  |  3057 views  |  0 mouse

Cameron Systems has acquired the global sales rights for a new Euronext FIX adapter solution initially developed for internal use by Dresdner Kleinwort Wasserstein (DrKW).

Euronext utilises a ‘non-pure’ implementation of the FIX protocol, requiring an adapter that sits between the FIX engine and Euronext to ensure straight-through processing.

Using CameronFIX, the investment bank has developed its own Euronext adapter, and has signed over the intellectual property and global sales rights for the product to Cameron Systems. Cameron Systems says it will sell the new adapter — the CameronFIX Euronext Adapter — globally.

Ian Frith, head of client connectivity, DrKW, says: "We found CameronFIX to be a very flexible engine that could be configured quickly to the specific format required when communicating with the Euronext exchange. CameronFIX together with the Euronext adapter is now in production and working well."

DrKW says it chose CameronFIX over Financial Fusion's FIX engine, which it has used in the past, due to its flexibility.

John Cameron, chief technology officer, Cameron Systems, comments: "We intended bringing a Euronext adapter to market during Q3 2002, however we found that DrKW had developed a new adapter solution using CameronFIX that was working well, and therefore we were happy to negotiate the rights for this."

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

Dresdner RCM selects SmartStream ETC module

Dresdner RCM selects SmartStream ETC module

01 July 2002  |  2922 views  |  0 comments
CMC provides FIX connectivity for Susquehanna International

CMC provides FIX connectivity for Susquehanna International

28 June 2002  |  2796 views  |  0 comments
DrKW links auto-pricing to Currenex; 12 more banks to follow

DrKW links auto-pricing to Currenex; 12 more banks to follow

20 June 2002  |  3244 views  |  0 comments
Swift begins FIX pilot with buy side and sell side firms

Swift begins FIX pilot with buy side and sell side firms

18 June 2002  |  3705 views  |  0 comments
Financial Fusion launches GlobalFIX

Financial Fusion launches GlobalFIX

07 June 2002  |  3277 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.sibos.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15664 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8827 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7927 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7061 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6191 views comments | 6 tweets | 3 linkedin

Featured job

Find your next job