Integra SP aims for STP visualisation with Altio acquisition

Integra SP aims for STP visualisation with Altio acquisition

Business integration outfit Integra SP has acquired the business and assets of Altio, a London-based developer of XML-formatted data presentation and interface systems.

Integra SP says it will use the AltioLive platform to provide a visual front-end to iaTradeT, its own trade lifecycle management solution.

AltioLive enables businesses to feed all their applications into a multi-window, browser-based interface, allowing users to work with multiple internal applications simultaneously. It also enables them to merge these applications with external data sources and Web Services through a single, customised interface.

Sven Thiele, CEO for Integra SP, comments: "Being able to manage, synchronise and visualise STP in a heterogeneous environment whilst maintaining operational integrity has proven to be a challenge which we now believe we have significantly simplified."

David Levett, CTO and founder of Altio will now assume the role of CTO - Altio Products at Integra SP. The business going forward will continue to trade as a subsidiary of Integra SP and both its existing customer and developer base will continue to receive full product support, he says.

In February, Integra SP implemented a real-time trade management solution for Prebon Yamane, linking brokers in London and New York to internal and third party processing systems, including Swapswire.

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