MarketPrizm Teams Up With Fusion Systems To Deliver Fully Managed Low Latency Trading Solutions
“The joint solution provides end users across Asia with a ‘one stop shop’ for licensing a fully managed gateway and risk management solution, integrated with market data and access into the markets from co-location,” said Jay Hibbin, MarketPrizm’s Commercial Director. “By having just one point of contact ‒ MarketPrizm or Fusion ‒ instead of multiple vendors, clients will benefit from reduced time to market and simpler commercials.”
MarketPrizm will provide market data, hosting in co-location, hardware and connectivity services and will manage the full infrastructure. Fusion’s clients will benefit from a flexible and scalable solution that suits different latency needs and makes use of Raptor to provide a market gateway, risk and compliance checks and other functionality.
“We are delighted to be working with MarketPrizm to provide joint solutions for clients’ day-to-day trading needs,” said Fusion Partner Jonathan Hope. “The risk management function in Asia is becoming even more critical, and at the same time, it is now fully commoditised and outsource-able. The combination of MarketPrizm’s market data and extensive reach in the exchange-collocated infrastructure space ‒ together with Fusion’s best-in-class trading software and expertise ‒ will bring that evolution to its logical conclusion, enabling a broader client base to take advantage of our platform.”