VeriFIX(R) 5.0 to Support Proprietary Trading Protocols

CHICAGO, April 19, 2011 /PRNewswire/ -- Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced the completion of proprietary protocol support for VeriFIX, Greenline's flagship product for testing and simulation. Users can now test and validate their entire trading system end- to-end through one consolidated testing interface. This new capability unlocks VeriFIX for development and quality assurance (QA) teams to improve their time to market, independent of the protocol or venue they are interfacing with.

"VeriFIX 5.0 fills a big gap in the marketplace for clients looking to consolidate and further accelerate testing across systems. VeriFIX acts as a bridge between systems, and validates behavior across all inputs and outputs. With proprietary protocol support now built into VeriFIX, Greenline clients can save time and resources on developing internal tools, and leverage the industry standard in capital markets systems testing," said Josh Tolman, President of Greenline.

"VeriFIX 5.0 is the only solution in the marketplace that has provided us with the ability to quickly certify proprietary and FIX protocols sent into and out of our application. VeriFIX has reduced our development and quality assurance lifecycle so that we can deliver new functionality and venues faster to our clients," said Michael Chin, CEO of Mantara, Inc., a key provider of technology solutions for high-frequency trading and ultra-low latency direct market access.

"Anyone looking to connect to multiple trading systems which speak FIX or other proprietary protocols can leverage VeriFIX to simultaneously generate protocols and validate results. Both FIX and proprietary protocols are required in today's global trading environment, and need the flexible and robust testing capabilities offered by VeriFIX to ensure reliability of system deployments," added Tolman on how clients can best maximize VeriFIX's proprietary protocol addition.

Greenline currently offers proprietary protocol support for many global exchanges and trading destinations. Greenline's Professional Services team also provides a streamlined solution to integrate custom internal protocols directly into VeriFIX. Visit http://www.greenlinetech.com for more information on how to maximize VeriFIX 5.0.

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(R), CertiFIX(R), MagniFIX(R), MetriFIX(R) 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 http://www.greenlinetech.com.

    
    Media Contact
    Diana Bhaktul
    Marketing and Communications
    Greenline Financial Technologies, Inc.
    Tel: +1-212-813-6354
    Email: dbhaktul@greenlinetech.com