18 October 2017

Icap Electronic Broking taps Tervela for messaging infrastructure

22 February 2010  |  1719 views  |  0 Source: Tervela

Icap, the world's leading interdealer broker and provider of post trade services has selected Tervela and its TMX platform as the foundation for the global messaging infrastructure for its electronic broking division, Icap Electronic Broking.

ICAP is a major provider of global market information. The firm chose Tervela to address the information distribution demands of a worldwide network of electronic fixed income trading customers in both established and emerging markets.

"We went through a rigorous process to select the vendor who could best meet our requirements," said Dean Mazboudi, Head of IEB Enterprise Architecture and IT Strategy. "Tervela was the choice for low latency messaging for our global trading infrastructure."

ICAP Electronic Broking will deploy a high-availability, fault-tolerant network of Tervela TMX-500 Message Switches and high-performance Tervela TPE Persistence Engines. The TMX-500 is Tervela's latest entry in its messaging product line and includes:

• Common, high performance scalable architecture that facilitates accelerated and consistent application delivery
• Centralized management and control for full operational visibility and provisioning
• Powerful, yet lightweight API to support rapid and seamless client integration
• Guaranteed message delivery and data persistence without performance degradation
• Compelling data center economics compared with traditional messaging middleware solutions

"An esteemed institution such as ICAP crowns a portfolio of blue-chip firms who use Tervela messaging for their critical information needs," said Eric Schnadig, CEO of Tervela. "The ease of implementation, economic value, and business enablement capabilities underscore the attainability and importance of a new messaging framework for organizations whose information distribution demands drive the bottom line."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15457 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8656 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8230 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7718 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6924 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job