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Eurobank selects Itiviti tool for FIX testing

abstract7-1570695997

Eurobank Equities Investment Firm SA, the brokerage arm of Athens-based Eurobank, has made a deal with Itiviti, the Stockholm-based firm that specialises in financial messaging infrastructure. The Swedish financial technology firm will be providing Eurobank with its Catalys FIX engine as well as its VeriFIX testing tool.   The Catalys engine executes FIX trading and provides supports for the front and middle office, while Itiviti’s VeriFIX tool automates FIX testing, and provides client data simulation and replay. Itiviti also supports real time monitoring of order flow and a consolidated view of message flow so that Eurobank can monitor the latency and message rates of its systems. Ilias Dionysopoulos, head of global brokers at Eurobank Equities said: “Improving latency and performance in order to win more client business has been a key goal for us.” He added that improved FIX connectivity has resulted in key client wins for the bank.