Pivot, an instant messaging and liquidity management software provider to the trading community, has rolled out an upgraded version of its Pivot Connect application programming interface (API). Pivot Connect API supports automated communications with Internal systems and connectivity to external trading, clearing and data entities mandated by proposed Dodd-Frank regulations. The upgraded version supports connections of consolidated data feeds of instant message data into pricing, trade execution and risk management systems, allowing market making and trade communication with market counterparties and clients. It also supports end-to-end connectivity with new market structures created in the Dodd-Frank regulation, including swaps execution facilities and swaps data repositories as well as centralized clearinghouses.

Click here for the release from Business Wire.