The collaboration between Bondecosystem and TransFICC enables bond traders to benefit from Bondecosystem’s connectivity and hosting solutions and TransFICC’s ‘One API for eTrading’ software which supports fast and scalable data throughput. This is essential with more than 120 electronic venues currently established and an explosion in market data rates.
James Banister, CEO, Bondecosystem says, “Over the last year we have had in-depth discussions with potential partners and have selected TransFICC for its innovative and cost-effective software. This partnership will help us to achieve our vision of becoming the leading provider of outsourced connectivity to the bond market. I am very excited about our growth opportunities as I believe the combined strengths of both companies provide a highly compelling offering to bond traders worldwide.”
Steve Toland, Founder of TransFICC adds, “By working with Bondecosystem, TransFICC is able to provide clients with fast and secure connectivity to their chosen electronic trading venues. We are now testing production software in Equinix with both buy-side and sell-side organisations, conducting performance tuning with testing and live monitoring capability."
The press release is available at http://www.fxecosystem.com/en/news/