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Screenshot of a breaking news alert e-mail from Q2 2017
NeoXam, a provider of data management and transaction software solutions dedicated to the financial industry, announced today that it is strengthening its collaboration with Ullink, the global provider of electronic trading and connectivity solutions to the financial community. NeoXam will leverage Ullink’s NYFIX Capital Markets Connectivity Utility to offer its customers direct electronic access to their brokers for order execution, from its range of Order and Execution Management Systems.
NeoXam automates complex processes, enabling its customers to improve their competitiveness and help manage their growth. Already an OEM partner of Ullink, NeoXam integrates and distributes Ullink’s APPIA FIX engine within its solution, NeoXam Manager. The expanded partnership gives NeoXam customers turnkey access to the NYFIX trading community of more than 1,500 participants, removing the need for customers to build their own connectivity solutions.
We strongly believe that embedding Ullink’s NYFIX network is an important step in enhancing our value proposition for the buy-side community and providing them with a significant competitive advantage. It fully aligns with our Best of Hybrid approach combining technology components, expertise and deployment services to better support the global financial market community and engage more efficiently with our clients”, said Roland Tuffier, Front Office Product Director at NeoXam.
As regulatory reforms create a strong incentive for buy-side firms to fully leverage the power of electronic platforms, this strategic partnership will provide asset managers and private banks using NeoXam access to the growing set of services provided to NYFIX community members. These services, including advanced analytics, monitoring and post-trade processing, are delivered on-demand via the NYFIX PORTAL, a key element of the NYFIX value proposition.
We are very pleased to welcome NeoXam to the NYFIX partner community”, commented Philippe Carré, Global Head of Business Development at Ullink. “Our expanded partnership will allow NeoXam customers full access to the growing set of execution and trading services provided by our NYFIX Capital Markets Connectivity utility.