LONDON, January 30 /PRNewswire/ --
Fiorano Software Ltd., a leading provider of business integration and
SOA-ESB middleware solutions, today announced that LiquidityHub, a consortium
of leading investment banks, selected FioranoMQ(R) as its messaging
infrastructure for implementation of its trade messaging system.
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FioranoMQ(R) provides superior messaging technology for the LiquidityHub,
a cluster of systems for on-line negotiation of trades with a requirement for
sub-micro-second latency and consistent high-performance message exchanges.
LiquidityHub operates in the fixed-income markets, providing aggregated
liquidity and market data in support of electronic trading. It is using the
FioranoMQ(R) 2007 Real Time messaging system to support a low-latency,
high-performance operational environment. LiquidityHub has standardized
on Fiorano technology to underpin all of its real-time fixed-income trade
messaging system requirements.
"LiquidityHub chose Fiorano after an intensive due-diligence process
lasting nearly six months, covering a demanding set of parameters of
technology requirements," said Atul Saini, CEO of Fiorano. "This is a
significant win for us and an endorsement of Fiorano's continuing ability to
deliver enterprise-class leading performance and stability."
Tony Harrop, CTO at LiquidityHub, said, "LiquidityHub provides the fixed
income market with multi-dealer, multi-distributor trade messaging that
facilitates unprecedented access to deeper liquidity. By offering
micro-second response times, FioranoMQ(R) helps us deliver immediate and
reliable aggregate liquidity from participating banks and distributors, and
future-proofs the growth we expect in pricing and trading volumes as new
product markets are added."
About LiquidityHub
LiquidityHub (www.liquidityhub.com) was established in 2006 by leading
banks in fixed income for the aggregation of liquidity and market data in
support of electronic trading. LiquidityHub aggregates liquidity from
participating banks using fair trading standards and protocols. LiquidityHub
facilitates distribution of liquidity for electronic trading and market data
through electronic distribution channels but is not itself a trading
platform. LiquidityHub also supports efficient electronic post-trade
processes. LiquidityHub is authorized and regulated by the Financial Services
Authority.
About Fiorano Software Ltd
Fiorano Software Ltd. is a part of the global group of Fiorano companies.
Fiorano is a US corporation headquartered in Silicon Valley, California
(www.fiorano.com). It is a leading provider of enterprise class integration
Middleware. Fiorano's network-centric solutions set a new paradigm in
interoperability, performance, scalability and ROI. Global leaders such as
American Express, Boeing, British Telecom, Tullett Prebon, ABN AMRO, HSBC,
Lockheed Martin, Motorola, Schlumberger and POSCO have used Fiorano
technology to deploy their Enterprise Nervous Systems.
Web site: http://www.fiorano.com
http://www.liquidityhub.com
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