Itiviti and NBTrader Partner for Order Routing11.21.2019 By Rob Daly Editor-at-Large
Itiviti, a leading technology, and service provider to financial institutions worldwide, has partnered with NBTrader, an independent specialist on the development and supply of trading technologies for the Professional and Private Investor UK market.
NBTrader will utilize Itiviti’s global NYFIX connectivity platform to provide their clients with lower-cost alternatives to their current routing solutions. It includes a FIX-based order routing network that connects 1,600+ buy-side, sell-side and trading venues across all asset classes, combining state-of-the-art technology and network infrastructure to deliver continuous service and performance, with zero downtime over more than 10 years of operation. In addition, the NYFIX portal provides access to session status monitoring tools, complimentary TCA reports and a multi-asset, post-trade matching engine.
“I am very pleased to welcome NBTrader to our NYFIX community and provide a world-class routing alternative for new and existing clients,” said Lee Griggs, Head of EMEA, Itiviti. “The NYFIX network is synonymous with order routing and we are continuously expanding our community of partners and participants to further benefit global buy-side clients.”
“I am delighted to launch our connection to NYFIX,” said Roger Golesworthy, NBTrader CEO. “Our expanding client base is always looking for more cost-efficient routes to their selected brokers coupled with a rapid turnaround in establishing new connections.”
NYFIX, the broker independent, vendor agnostic FIX community, connects buy-side, sell-side and trading venues in the industry’s most stable and flexible order routing network – delivered as a managed service.
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