Itiviti has launched the Itiviti Managed FIX, a global connectivity platform, delivered as a service. Co-located at strategically selected cutting-edge data centers, Itiviti Managed FIX provides access to global execution venues, FIX message normalization and drop copies, as well as active system and session monitoring.
Value-added functionality includes support for rapid onboarding of new clients, client management and daily trading support. Itiviti provides advanced web-based tools for transparency and control of FIX activity, facilitating pre-trade order checks.
Historical data on message flow can be displayed graphically, e.g. for message rates and client trading behavior.
“Itiviti Managed FIX combines our mastery of Itiviti technology and solid experience from FIX infrastructure solutions to make our expertise more conveniently available to our clients and to relieve them from the day-to-day burden of infrastructure ownership,” said George Rosenberger, Senior Vice President, Global Head of Managed Services, Itiviti.
Several aspects contribute to make Itiviti Managed FIX a business enabling solution: It is highly scalable, and strategies for expansion and growth are facilitated by its support for multiple-asset classes. It also helps streamline operations, enabling firms to reallocate resources to their core businesses. Reinforced by a pool of FIX expertise, finding and keeping skilled tech staff is no longer an issue.
Sample features and benefits of Itiviti Managed FIX:
- Covered by a premier support model (24x5.5).
- Best practice service management. FIX infrastructure managed by Itiviti’s dedicated operations team of ITIL certified professionals.
- Reduced connectivity costs through Itiviti’s Network Optimizer, which helps migrate buy-side connections to lower cost alternatives.
- Full system redundancy applied to data center, hardware, software and networking.
- Sophisticated monitoring dashboard provides detailed transparency into FIX activity.
- Custom service options, supported and delivered by Itiviti Professional Services.