CameronTec, the global financial industry's long-standing provider of FIX infrastructure and connectivity solutions and wholly owned subsidiary of Orc Group (SSE: ORC.ST - News)(STO:ORC.ST), today announced an agreement with NYSE Technologies to continue providing the CameronFIX and Catalys technologies for its Asian operations.
Signed in August, the agreement also covers reseller rights for CameronTec products in Japan and is based on CameronTec's licensing subscription model.
NYSE Technologies recently acquired Metabit, the Tokyo-based provider of high performance market access products that includes a trading community of more than 140 trading firms throughout Japan and Asia. Continuing the existing relationship between Metabit and CameronTec, CameronFIX has powered many of Metabit's valued market assets and solutions since 2002.
"Japan and Asia are key priorities for NYSE Technologies and our global customers. Our products are built in Asia for the local market and CameronFIX has been an important part of that strategic offering since 2002," said Daniel Bürgin, Head of Asia Pacific, NYSE Technologies. "As a new product line within NYSE Technologies, Metabit will continue to work with CameronTec to provide high performance connectivity to Japan's exchanges while offering local market participants access to and support for Cameron's suite of solutions."
"We are especially pleased to be working alongside NYSE Technologies to continue to deliver FIX technology as part of the Metabit product suite and have them support our products throughout such a critical market as Japan," says Anders Henriksson, CEO, CameronTec. "CameronTec is continuously working to improve the standard in FIX infrastructure and to provide our markets with cutting edge innovation for which we are renowned. These developments are a further demonstration that CameronTec continues to lead the industry in FIX innovation."
At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world's largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX technology provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today's markets.