Software AG and Fluent Trade Technologies Create Ultra-Low Latency FX Trading Surveillance Platform
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Software AG (frankfurt tecdax:SOW) and Fluent Trade Technologies have together produced one of the most comprehensive FX trading platforms for multi-asset and compliance algorithms with ultra-low latency, unified market access and pre-trade risk protection. The combination of Software AG’s Apama FX eCommerce solution with Fluent Trade Technologies’ FIXation Framework creates the fastest feed handler and execution gateway in the market with connectivity to more than 60 Foreign Exchange (FX) venues in a single API. Additional capabilities include algorithmic trading, cross-venue Smart Order Routing, pricing, auto-hedging and order internalization strategies.
New FX Trading Surveillance Platform Helps Traders Respond First to Best Prices
This new FX Trading Surveillance platform allows traders to gain significant advantage by pinpointing and responding first to the best prices in the market, while at the same time reducing their firm’s exposure to potential high frequency trading risks. Moreover, when using the FX Trading Surveillance platform, compliance officers can uncover abnormal trading behavior and avoid suspect conditions, as well as define new internal compliance and rules. This enables them to reduce operational risk and meet any new regulatory requirements quickly.
Apama Minimizes Challenges of an FX market Fragmentation
Dr. John Bates, Software AG board member and Apama founder, noted: “The FX market today is fragmented across multiple entities including ECNs and Single-Bank Platforms. Each of these entities offers their own cost models, trading mechanisms, access protocols, order types, trading rules, and most importantly their own instantaneous view of liquidity. This level of fragmentation presents many challenges for dealers and market makers alike. The Apama FX eCommerce solution minimizes these challenges by providing functionality - out of the box - that provides a bird’s eye view of this fragmented market in real-time. Additionally, Fluent FIXation Framework's capabilities add a whole new dimension of speed and unification to the equation, adding microsecond accessibility to more than 60 FX venues.”
Fluent Trade FIXation Framework Reduces Risk and increase efficiency
Joel Steinmetz, Managing director, Fluent Trade Technologies, said: “Speed keeps you ahead of the competition, but memories of trading institutions with ‘runaway algos’ reminds us all that real-time detection and prevention of abnormal or suspect algorithm behavior is essential. Fluent Trade Technologies’ risk prevention functionality enables both traders and compliance officers to eliminate risk arising from market shifts and protocol changes. Moreover, Fluent's ‘risk-to-risk’ system allows automatic synchronization between FIXation's risk layer and any in-house legacy risk systems, thus taking into account any additional circumstances that could affect trading thresholds.”
In addition, Fluent Trade Technologies's simulator, SimFix, providers traders with the ability to analyze complex algorithm behavior using real data from multiple vendors before they execute their orders. It also connects to Software AG’s webMethods integration platform enabling traders to test how different corporate enterprise systems can impact their trading positions.
The leading platform for high velocity Capital Markets applications, the Software AG Apama platform is a comprehensive streaming analytics system for building sophisticated multi-asset applications for low latency trading, risk and compliance. With its combination of development ease and deployment power, Apama is unmatched in the industry and is deployed by leading international firms including Royal Bank of Canada, Unicredit, Deutsche Bank, Bank of China International and ANZ bank.