MCI Consultants, a primary solution provider within the financial markets since 1992, today announced its new ultra-low latency Web version of its trading system, TradeCIS.
This Web version of the software provides a subscription-based front-end solution, ie, a SaaS solution that can provide market feeds from across 67 exchanges and allows dealers to trade over the Internet without the need for a dedicated communications link into their co-location or hosted server. The additional international content available includes data such as international indices, commodities and Forex.
"This new version of TradeCIS, which is also customisable, includes a number of new features, some of which are derived from the feedback we have received from our clients," commented Jan Rabbets, Business Partner of MCI Consultants. "With constantly rising order volumes, tighter regulation, and the search for liquidity in financial markets, it is essential that users are able to operate in such a way as to capture the best new business opportunities that are available in order to maintain their competitive advantage."
"Consequently, this new version offers facilities such as the ability to add notes; enhanced technical analysis tools; a multi-desktop capability; and the capability to e-mail or SMS from the front end," continued Rabbets, "as we recognise the user's need for flexibility in order to integrate new types of instruments and to build cross-asset trading platforms."
"Speed and the ability to customise the TradeCIS software are the key differentiators of our solution," concluded Rabbets. "However, the open architecture, which facilitates integration with legacy/third party applications and data-mining; the optimised messaging layers for reduced bandwidth; the provision of a full API to enable basket, algorithmic and warrant trading with own rules; DDE links for MS Excel; and customisable alerts; are just some of the other benefits that arise from the use of TradeCIS."
MCI provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. Their solutions meet a multitude of needs, but support a common aim, which is to help drive their customers' unique business strategies, whether that means increasing efficiency, improving customer service, complying with regulations, or capturing growth opportunities through innovation. As a JSE accredited supplier and an accredited JSE Shared Infrastructure Provider (SIP), MCI serves as a primary IT solutions provider to the stock broking community. In addition, it offers fully managed hosting solutions for trading firms, banks and other institutions that prefer an outsourced solution.
For further information, please contact Aliki Droussiotis, MCI: tel 011 454-3420, fax 011 454-3417, e-mail aliki@mci.co.za.
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