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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071010/NYW049LOGO )
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
Arshiya Nowsheen for Fiorano Software Ltd., mediarelations@fiorano.com /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071010/NYW049LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
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