CameronTec, the financial industry's leading provider of FIX infrastructure and connectivity solutions, today announced a global partner agreement with financial technology provider E2E infotech, a subsidiary of aurionPro Solutions Limited (NSE : AURIONPRO, BSE: AURIONPRO).
The terms of the agreement also give E2E infotech specific CameronFIX reseller rights for the Middle East and India.
While focusing on the emerging Indian and Middle Eastern markets, E2E infotech are also well positioned globally with offices in New York, London, Mumbai and Singapore. This new alliance will bolster coverage in key emerging markets and complement core professional services for CameronFIX, the engine universally regarded as the reference standard for reliable, mature FIX applications. E2E infotech is currently participating with large CameronFIX installations in both Europe and Asia Pacific.
While E2E infotech was recently acquired by leading Asia Pacific technology provider aurionPro, it has also enjoyed a long direct association with CameronTec's parent company, Orc Software. Indeed, E2E infotech's origins a decade ago were the result of a joint venture between Orc Software and UniCredit's UBM.
"With the uptake of the FIX protocol gaining momentum within India and the Middle East, these regions are increasingly presenting considerable opportunity for CameronTec," says Anders Henriksson, CEO, CameronTec. "We are confident E2E infotech's valuable local experience and knowledge in these and additional geographies will help provide the necessary support and technical delivery required to service the continuing global expansion of CameronFIX."
"We are very pleased to be partnering with CameronTec and look forward to actively working with the financial industry's most widely accepted FIX offering," says Nirav Shah, CEO, E2E infotech. "The continued growth we see in electronic connectivity within emerging markets such as India and the Middle East means these regions continue to close the gap on broader FIX trading practices evidenced in more developed markets."