Source: IT&e
IT&e Limited (ASX code: ITE), a leading provider of financial software and consulting services to the global investment management community, today announced a technology agreement with leading global financial Information eXchange (FIX) solutions provider Cameron Systems.
IT&e's technology agreement with Cameron Systems brings together the leading CameronFIX platform with the specialized technology services IT&e provides for the foreign exchange market.
Henri Feuga, Head of Front Office Systems at IT&e says IT&e are looking forward to working with Cameron Systems. "Utilizing the world's leading FIX application will further consolidate IT&e's position in the foreign exchange market as a strategic solution provider in the very specialized FX Order Management business."
IT&e will use the CameronFIX platform to enable seamless STP connectivity between IT&e's integrated treasury and capital markets Monarque OrderFX application and one of IT&e's client own FX Front Office system. The addition of FIX capability will provide traders and middle office personnel with immediate updates to position and trade records, whilst providing an improved audit trail for ensuring compliance with internal and external deal capture and confirmation policies.
Cameron Systems' Director of Sales George Wishart says: "This technology partnership will benefit IT&e's clients looking for a complete integrated solution. Cameron Systems is pleased to be working alongside IT&e to deliver the greater benefits of FIX-based electronic trading to their customers."