Boston-based order management systems vendor Macgregor has struck up a relationship with Headstrong, a systems integration consultancy with knowledge of the Asian financial markets and a regional office in Hong Kong.
Under the partnership, Headstrong employees will become certified on Macgregor's products and work with the vendor's Hong Kong-based staff on systems implementations throughout the region.
Jon-Paul Jones, principal at Headstrong, says: "It's great when we are able to partner with a vendor like Macgregor who already has a proven product, but needs local market expertise."
Headstrong expects to see growth in the uptake of FIX-based trading systems following the recent establishment of an Asia/Pacific FIX committee and the adoption of the front office messaging standard by regional exchange.