FTIL is the pioneer in introducing end-to-end STP solutions that support high-density transactions for the equity, forex, commodity and derivatives markets. FTIL covers all stages of a trade life cycle - pre-trade, trade, and post-trade - to deliver single-point transaction fulfillment.

The STAC Benchmark Council is a global industry body consisting of leading trading organizations and vendors, facilitated by the Securities Technology Analysis Center (STAC®). The Council develops standard benchmarks for technology used in the capital markets. End-user firms such as brokers, hedge funds, exchanges, and alternative trading systems control the STAC BenchmarksTM through their votes, keeping the benchmarks tied to real business needs.

As part of the STAC Benchmark Council, FTIL will contribute to these benchmark specifications. Vendor-neutral, customer-driven specifications will allow FTIL to demonstrate the power and performance of its DOME (Distributed Order Matching Engine) trading solutions. DOME is a multi-asset exchange product suite, offering an integrated matching engine, including Order Management & Routing Engine, Risk Management & Surveillance Engine, Data Distribution Engine, and various interfaces for clearing and settlement.

With FTIL's extensive and iterative experience in developing such systems, it will contribute the maximum in terms of standardization, benchmarking in development of global exchange technology.

Dewang Neralla, Director - Technology, Financial Technologies, said, "Technology for the financial markets is going through a rapid shift. Innovations in the algorithmic trading systems, exchanges automation systems and order management systems demand a common language for performance in all markets. We look forward to contributing to the global benchmarking best practices embodied by STAC Benchmarks and STAC Test Harnesses. We will also subject our solutions to these benchmarks and are confident thahat these standards will demonstrate the power and performance of our products."

Peter Lankford, Founder and Director of STAC, said, "Business-relevant benchmark standards are a big opportunity for trading-system owners to improve how they choose technology upgrades and make buy-vs-build decisions. STAC Benchmarks and STAC Test Harnesses help customers pinpoint where their trading systems fall short of the state-of-the-art, while simplifying the shortlist and due diligence processes for new products. As the STAC Benchmark Council expands from market data (STAC-M) to trade execution (STAC-E), we are pleased to have FTIL join the cause. The standards they help to develop will enable brokers and exchanges to keep their trading systems at the leading edge of performance."