19 July 2018
Visit www.avoka.com

Eurobank selects Catalys by Itiviti for DMA access to Athex

07 February 2017  |  2641 views  |  0 Source: Itiviti

Itiviti, a world-leading technology provider for the capital markets industry, today announced that Eurobank Equities Investment Firm SA, the brokerage arm of Eurobank, one of the largest Greek banks, has selected the next generation FIX Engine Catalys by Itiviti to support transactional needs and VeriFIX by Itiviti for automated testing, including implementation by Itiviti Professional Services.

Using Catalys by Itiviti, Eurobank Equities is now in the position to route client order flow in any FIX protocol version to the Athens Stock Exchange native ODL protocol. This delivers a significant performance improvement over the previous solution used by Eurobank Equities. The platform is initially used for DMA order flow, with future plans to add care order flow.

Features offered by the integrated Itiviti solution include automated FIX testing with simulation and replay of client data, real time monitoring and alerting of order flow enabling faster response times, and a consolidated view of message flow with instant visibility. This provides Eurobank Equities with an enterprise-wide picture of performance with real-time and historical data on message flow displayed graphically, e.g. for message rates and roundtrip latency measures.

“Improving latency and performance in order to win more client business has been a key goal for us,” says Ilias Dionysopoulos, Head of Global Brokers, Eurobank Equities “Catalys by Itiviti has enabled significant improvements resulting in key client wins for Eurobank while we benefit from reliable and proven FIX connectivity. The support provided by Itiviti Professional Services during the implementation process has ensured a smooth transition, and we are very happy with the end result.”

“We are very pleased to welcome Eurobank Equities to Itiviti’s global client base,” says Lee Griggs, President EMEA, Itiviti. “Our FIX solution offers low latency access to local markets, which Eurobank successfully has implemented to gain competitive edge. Eurobank can also seamlessly add additional technology modules available from Itiviti, defining a roadmap for future growth.”

Formed by the unification of Orc and CameronTec, Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys. Catalys by Itiviti provides an integrated platform for operations, infrastructure and trading. It is the ultimate enabler: open-standard-based and centrally managed to truly harness unprecedented levels of performance, data interoperability, convergence and business insight.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
11727 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
10033 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9686 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9229 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8988 views comments | 9 tweets | 17 linkedin

Featured job

to GBP £120K base, double ote, benefits
Frankfurt, Germany

Find your next job