Source: FIX City
Radianz, the leading global provider of financial connectivity services, announced today the addition of FIX CITY Ltd, a leading independent FIX consultancy, and provider of software solutions, to its community of users.
As a part of the agreement, FIX CITY will make available its next generation IOI (indications of interest) distribution service, ioinet, to the Radianz community of 10,000 financial services sites worldwide. As an IOI distribution tool, ioinet enables buy-side dealers to find liquidity in an increasingly fragmented market. Through its web interface, advanced message filtering engine and integration with buy-side order management systems, ioinet delivers IOIs directly to users desktops and enables dealers to control the flow of IOIs received daily.
"Through Radianz's shared infrastructure our customers will have quick, easy and secure access to the ioinet service," said Amy Muddimer, Director, Sales & Marketing at FIX CITY. "Moreover, a majority of our potential customers are already connected to Radianz, which accelerates our time to market and simplifies the overall connectivity process."
"FIX CITY joins more than130 Providers distributing products and services through Radianz to their customers around the world," said Chris Church, EVP strategic client development at Radianz. "We are pleased to have FIX CITY as a part of our community and look forward to working with them to provide customers with cost-effective access to the ioinet service."