Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced the launch of a new global delivery service with partner Hexaware Technologies Limited, a leading global provider of IT, BPO and consulting services. The Global Delivery Service will provide on-demand connectivity testing and leverage Hexaware´s full range of standardized quality assurance frameworks and methodologies. Greenline´s deep connectivity services, domain expertise and best-in-class tools, combined with Hexaware´s proven delivery model and innovative point solutions, provide an industry-leading service for connectivity testing improvement, automation, and execution.
"Managing operational costs and increasing return on investment continue to be core themes across the global trading industry, and the Global Delivery Service offering allows our customers to further extend Greenline´s value across those initiatives. Our customers will continue to receive best-in-class connectivity testing guidance and automation solutions with the added ability to leverage full-scale, turn-key delivery via true "˜follow-the-sun´ execution. " said Josh Nardo, Head of Professional Services at Greenline.
"We are excited to partner with Greenline to create the industry´s first end-to-end FIX protocol testing solution. In combining our leading GUI Test Automation solution and our rich history in the capital markets domain with Greenline´s industry-leading FIX and proprietary protocol solutions, we are truly creating a one-of-a-kind offering. The Global Delivery Service gives our clients the ability to maximize ROI through leveraging a best-in-class solution through the global delivery model," said Anand Moorthy, Senior Vice President of Hexaware Quality Assurance and Testing Services.
Hexaware´s delivery centers in India and Mexico complement Greenline´s existing offices in Chicago, New York, Buenos Aires, London, and Hong Kong. Greenline´s global client base benefits from onsite, near shore, and offshore project execution, regardless of location.
Core offerings of the Global Delivery Service include:
- Turnkey FIX testing and certification tools automate processes and allow customers to focus on core responsibilities.
- On-demand, managed FIX testing and certification deliver scalable testing and certification when needed.
- VeriFIX® and CertiFIX® implementation, execution and maintenance drive speed to deployment and cost advantages via global implementation models where applicable.
- Global Delivery Model utilizes teams in both Mexico and India to deliver projects in the same time zone, as well as during night-time hours, thereby drastically reducing the project lifecycle.
About Greenline
Greenline provides superior FIX and proprietary 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 and proprietary protocols. 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 Hexaware
Hexaware is a leading global provider of IT & BPO services and consulting. The Company focuses on key domains such as Banking, Financial Services, Insurance, Travel, Transportation, Logistics, Life Sciences and Healthcare. Our business philosophy, "Your Success is Our Focus", is demonstrated through the success we ensure for our clients. Hexaware focuses on delivering business results and leveraging technology solutions by specializing in Business Intelligence & Analytics, Enterprise Applications, Quality Assurance and Testing, Remote Infrastructure Management Services and Legacy Modernization. Founded in 1990, Hexaware has a well-established global delivery model armed with proven proprietary tools and methodologies, skilled human capital and SEI CMMI-Level 5 certification. For additional information, log on to www.hexaware.com.
Safe Harbor Statement
Certain statements in this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.
