Tervela, the leading provider of high- performance, low-latency messaging systems, today announced its membership in the Financial Information Forum (FIF), an organization dedicated to addressing the implementation issues that impact the financial technology industry across the order lifecycle.
"We are pleased to welcome Tervela to FIF and look forward to working with them as part of our association," said Manisha Kimmel, Executive Director for FIF. "With over sixty contributing members, FIF seeks to analyze and improve the securities market in order to maximize efficiency and performance. Tervela is a great addition to our growing community."
As a member of FIF, Tervela emphasizes the critical importance of messaging to the entire financial services ecosystem. Using an ultra-low latency message network to ensure continuous, predictable and high-performance operations, Tervela's products meet the increasing demands of technology vendors, end users and liquidity venues across the trade order lifecycle.
"Joining FIF strategically aligns with Tervela's mission to lead the financial services industry to the next-generation trading infrastructure," said Barry Thompson, CTO of Tervela. "Being part of a dedicated financial organization presents a unique opportunity for us to collaborate with like- minded companies on industry best practices. Together, our mind share will yield transformative results for the securities sector of financial technology."
Founded in 1996, FIF addresses the issues that impact financial technology operations and development in light of rapid changes occurring in the marketplace. Through committees and active working groups, FIF provides a collaborative environment for broker dealer, vendor and exchange members to benefit from technology, regulatory and market innovations.