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Greenline Provides VeriFIX(R) to Support SIX Swiss Exchange's Deployment of the SWXess Trading Platform
CHICAGO, Sept. 2 /PRNewswire/ -- Greenline Financial Technologies, Inc. and SIX Swiss Exchange today announced the successful implementation of VeriFIX, Greenline's industry leading solution for automated FIX testing, in connection with the deployment of the SWXess trading platform. VeriFIX offers advanced, customizable exchange and broker simulation capabilities, providing SIX Swiss Exchange with a more accurate and realistic FIX testing environment. As a result, SIX Swiss Exchange can ensure the quality of its FIX infrastructure for exchange members.
Edgar Blum, Head of Application Engineering at SIX Swiss Exchange:
"We are pleased to work with Greenline, who has significant expertise in FIX technology for major global exchanges. Our members benefit from high-quality FIX connectivity to our exchange, and Greenline's VeriFIX is a critical component that helps us test FIX traffic before going live with complex deployments. This partnership is a continuation of our strategy to deliver leading trading technology for our exchange members."
Josh Tolman, President of Greenline:
"SIX Swiss Exchange is highly regarded as a leader in exchange technology. We are excited to provide VeriFIX, the industry leader in automated FIX testing, to help technologists optimize the testing cycle to onboard exchange clients more efficiently."
VeriFIX is the industry standard for comprehensive FIX testing. VeriFIX can test multiple counterparties and simulate scenarios 24 hours a day. This capability allows for simultaneous load and regression testing for a wider range of trading counterparties. VeriFIX can also be customized to support multiple types of FIX connectivity, providing users the flexibility to support a range of testing needs. Testing scripts can be easily configured to emulate the exchange environment, providing clients and brokers with a realistic depiction of trading behavior, delivering higher rates of testing accuracy and protocol validation. Additionally, VeriFIX can provide execution reports and latency statistics to illustrate system capacity and easily detect any errors or message loss.
About Greenline Financial Technologies
Greenline provides superior FIX Protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. Greenline's flagship product suite, VeriFIX®, CertiFIX®, MagniFIX®, MetriFIX®, and Latency Monitor, delivers end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX Protocol. In addition, its premier Professional Services consultancy can evaluate and improve clients' business strategy and trading technology operations, leveraging its expertise across all connectivity and messaging protocols. With global reach and client experience, Greenline is ideally positioned to meet the demand for connectivity and related trading technology. Greenline Financial Technologies, Inc. is a member of FIX Protocol Limited – North Americas, and is a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more information, please visit www.greenlinetech.com.
About SIX Swiss Exchange
SIX Swiss Exchange is one of the world's leading and most technologically advanced securities exchanges. It provides customers with first-rate securities exchange services and brings together participants, issuers and investors in an efficient and transparent marketplace. In addition to the broad palette of products it offers, the SIX Swiss Exchange's integrated, fully automatic trading, clearing and settlement system is indeed convincing. www.six-swiss-exchange.com
SIX Swiss Exchange is a subsidiary of SIX Group. On a worldwide scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.
SOURCE Greenline Financial Technologies, Inc.
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