Trading systems vendor Javelin Technologies has released TradeScope, an alerting and monitoring tool for FIX connectivity, and a new version of its flagship trade infrastructure and messaging software, Appia.
TradeScope will enable FIX users in the buy-side, sell-side and exchange communities to monitor and manage all FIX-based trading activities. The system includes a browser-based front end and multi-level access controls which simplify FIX monitoring. Proactive alerts also allow IT managers to troubleshoot connectivity problems quickly.
John Coulter, president and COO, Javelin Technologies, says firms are now having to maintain hundreds of FIX connections, which has created the need for an affordable and easy-to-use process for monitoring and managing FIX activity.
"TradeScope provides a global means of managing all FIX connectivity without having to sift through log files or write proprietary scripts," he says.
Javelin has also launched the latest version of its trading and messaging software Appia with its new Extensibility Framework (EF) architecture as standard.
Appia EF allows users to customise FIX messaging on a per-counterparty basis. The system also enables users to extend the software for special needs or customisations by using plug-ins that can be inserted into Appia's main message processing path at pre-defined points, making it possible to configure the structure and contents of both inbound and outbound messages as well as allowing the re-routing of messages within the system.
The new version also comes with full support of the recently-released FIX 4.4 specification and message fragmentation.
Ajay Kamdar, senior vice president, product development, Javelin Technologies, says: "With the Extensibility Framework now included with Appia many of the common inconsistencies between counterparty interpretations of the protocol can be easily corrected."