FIX FLYER PROVIDES DINOSAUR GROUP GLOBAL MANAGED FIX SERVICES
Races to the Challenge with Seamless Global Support
FIX Flyer, a leading provider electronic trading software and managed service solutions to the world’s top financial firms and global enterprises, today announced that the Dinosaur Group and Affiliates uses Fyer’s Managed FIX service to manage trading communications with their growing client base. Managed FIX improves performance, reduces costs and provides the flexibility to quickly meet Dinosaur’s changing business demands in global trading.
All of the clients partnered with FIX Flyer, the leader in Managed FIX Services, in order to stay focused on their core capabilities with continued rapid growth. Clients leverage FIX Flyer’s expertise to quickly launch trading communities or help streamline inefficiencies in existing FIX connections between their counterparties.
“FIX Flyer emphasizes building out and managing our connectivity, enabling us to pursue straight-through processing with our clients and brokers,” says Elliot Grossman, Chief Executive Officer for Dinosaur Group and Affiliates. “This directly translates into real value for our clients and partners.”
FIX Flyer provides the services from either its secure, hosted centers or from its clients’ data centers. Hands-on support is provided by FIX Flyer’s support crew, headquartered located in New York and Hyderabad, India.
Capital markets firms will migrate to a Managed FIX model driven by cost pressures, renewed focus on core competency, and to remain competitive in securities trading.
Managed FIX will leverage the company’s core FIX software expertise and global processes to deliver proactive service management, innovative technology solutions and strategic planning focused on the core trading communications technologies:
- Trading Systems;
- Communications networks;
- Risk Controls;
- Trade Surveillance;
- and Real-time drop copies
Flyer’s Managed FIX provides customers with a cost-effective and comprehensive approach to simplify the growing complexities associated with management of today’s mission-critical communications infrastructure and day-to-day service management and support. Managed FIX has a growing team of dedicated experienced service delivery professionals, engineering resources, trading communication expertise and support to deliver improved business processes, workflow and monitoring. A consultative approach assures each customer gets the services best suited to their organization and needs. Services offered include: system and network monitoring and management, order routing, data protection, transformation services and regulatory conformance.
Brian Ross, CEO, said, “We are excited about the opportunity to deliver FIX services to the global financial community. “In partnership with our customers we aim to make it easy for them to achieve their strategies for the quickly unfolding electronic trading environment.”