Currenex announced the participation of third party software
providers in a Catalyst Program designed to confer "Partner" status to
those participants meeting and maintaining strict security and
integration protocols. Partners, including Algorithmic and Treasury
Management Systems, benefit from developer support, API and protocol
licensing, and full access to dedicated testing systems with full
trading and STP services. This unique liaison allows application
developers to stress test their solutions in a simulated environment
that exceeds real-world standards. Ultimately, the Catalyst Program
provides Currenex customers with assurance that participants have been
conformance tested and have met Currenex's performance standards.
Details about the program are available at www.currenex.com.
"Leveraging the Catalyst Program we have created seamless
integration between Wall Street Systems and Currenex. This means more
efficiencies for our customers in the form of STP. With the Catalyst
Program we have been able to validate our integration and provide a
high-quality solution to our joint customers," commented Larry Ng of
Wall Street Systems. "Of course we maintain rigorous testing protocols
on our end and have complete confidence in its performance, but the
Currenex environment presents unique conditions that we must also
analyze. Our end-users can have confidence in the fact there exists a
testing alliance between Currenex and Wall Street Systems."
A number of 3rd party software providers have participated since
the Program's inception in July, with more being added subject to
testing and approval. The Currenex Catalyst Program provides a
framework for application providers to integrate their system with
Currenex trading and STP solutions. In turn, the partners put forward
a wide range of high quality and interoperable software solutions for
customers to utilize in tandem with Currenex services.
Sean Gilman, Chief Technology Officer at Currenex, reiterated his
company's focus on conformance testing for every 3rd party provider:
"In a market where message processing requirements are constantly
growing, it is particularly important to understand the limits of your
application environment. The Catalyst Program provides participating
partners a variety of tools and services to validate their
applications in a variety of scenarios. Our goal is to create
partnerships with Algo and Treasury system vendors that yield superior
solutions for the end user."
Additional software providers who are interested in participating
in the Catalyst Program should contact partnerprogram@currenex.com.
Currenex(R), Inc. received the 2006 e-FX award for "Best Trading
Technology Vendor." Offering Executable Streaming Prices (ESP(TM)),
Request For Streams (RFS), Benchmark Trading, Algorithmic Trading, and
complete Prime Brokerage functionality with fully integrated Straight
Through Processing (STP), Currenex connects more than 60 global banks
to a superior electronic trading network, making Currenex one of the
deepest liquidity pools in Forex. Authorised and Regulated by the
Financial Services Authority. Currenex (UK) Limited, 71 Kingsway,
London WC2B 6ST, UK. Registered in England No. 3882136.
