16 December 2017
visit www.aciworldwide.com

29West and Intertrade form Japanese strategic partnership

06 January 2010  |  6993 views  |  0 Source: 29West

29West, the market leader in high-performance, low-latency messaging solutions with global headquarters in Chicago, and Intertrade Co., Ltd, the market leader in packaged systems for the securities industry, announce a strategic partnership.

INTERTRADE Japan will use 29West products in the development of the INTERTRADE next-generation securities dealing and trading systems.

INTERTRADE Japan, a leading total securities industry solutions provider with more than 60 deployments in Japan, provides dealing and trading systems and other financial technology solutions. Many exchanges in Japan have gone live with next-generation systems, placing a demand on financial firms for high-performance, low-latency and scalable trading systems.

INTERTRADE has entered the partnership with Chicago-based 29West, which has more than 140 financial deployments around the world, and whose technology has been adopted by major banks and exchanges in their next-generation system architecture. Utilizing 29West products, INTERTRADE will be architecting systems with a focus on the benefits of low-latency, high performance messaging.

"We're very excited to add INTERTRADE to our growing list of financial customers and partners in Japan," said Mark Mahowald, president and founder of 29West. "This project is an excellent example of how 29West Ultra Messaging® can significantly enhance the performance and efficiency of trading solutions such as the innovative and well respected INTERTRADE TIGER TRADING system."

INTERTRADE President Takahiro Ozaki said, "It is important to aim for low latency as technology improves at the exchanges. A goal of this project is to maximize the performance of the TIGER TRADING system, already widely recognized for its high-speed messaging platform across the technology industry.

"I believe that having a partnership with 29West will add more value and a significant competitive edge to the TIGER TRADING system," Ozaki added.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.ebaday.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10358 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9796 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7046 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6446 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6107 views comments | 5 tweets | 26 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job