Nyse Euronext's (NYX) commercial technology unit, Nyse Euronext Advanced Trading Solutions today announced that it plans to work with Portware to distribute the company's enterprise software as a hosted technology solution on the Secure Financial Transaction Infrastructure (SFTI) network.
As one of the world's largest, most reliable financial transaction networks, SFTI is also an open, neutral hosted technology environment offering third-party technology vendors the opportunity to utilize SFTI's robust infrastructure, including networking, distribution, hosting, messaging management and market data.
The agreement between NYSE Euronext Advanced Trading Solutions and Portware will offer SFTI's broad user community direct access to Portware's technology platform, while providing Portware with opportunities to expand its growing customer base and uniquely positioning the SFTI community to service the orderflow of hosted Portware customers.
"We are very pleased to add the well-respected, innovative software products designed by Portware to our growing selection of hosted third-party software solutions," said Sam Johnson, Executive Vice President and co-Head of NYSE Euronext Advanced Trading Solutions. "Through this relationship, firms will have the unique ability to access Portware's industry-leading solutions in a pre-integrated and hosted service model."
Ary Khatchikian, President, Portware, adds, "Our relationship with NYSE Euronext Advanced Trading Solutions provides a robust, hosted environment in which firms can access Portware's award-winning trading systems technology. Together, this suite of products and services gives firms everything they need to address the challenges of today's complex global marketplace."
SFTI continues to aggressively expand its already extensive list of more than 1,600 trading firms and market centers throughout U.S. and Europe. With 2009 expansion plans that include increased connectivity in Asia, Japan and Latin America, SFTI will offer customers enhanced access to global liquidity and innovative third-party commercial technology like Portware.