Johnson Investment Counsel
, an independent wealth management firm, has signed a deal with Rapid Addition
, a provider of trading technology solutions to buy and sell-side financial institutions, Finextra
reports. Johnson Investment will use Rapid Addition’s RA-Cub FIX engine to automate the flow of trades between an internal system and ITG
’s Triton EMS.
The messaging engine for the FIX protocol is a flexible service available to exchanges and MTFs, sell-side, buy-side and transaction hubs as well as independent software vendors. Johnson Investment, which was rolled out at the end of June 2011, enables STP access to multiple brokers.
Click here for the story from Finextra.