PFS TraderTools LLC (PFS), a leading provider of middleware technology, and Dresdner Kleinwort Wasserstein (DrKW), the investment bank of Dresdner Bank AG, have signed a License agreement. Under the agreement, DrKW will utilize PFS’s DS2000 gateway for real-time data in their London, Frankfurt, Singapore and NY offices.
"The agreement with DrKW further demonstrates the innovative and creative product development process which PFS has pioneered since its inception," says Mitchell Mittman Chief Technology Officer at PFS.
Raoul Dittrich, Global Head of Foreign Exchange & Money Markets IT at DrKW said, "We were looking to enhance the existing pricing engine used to publish rates to our various FX Internet trading platforms. DS2000 was chosen because of its fast implementation cycle and flexibility, which should meet most if, not all of our current and future requirements. PFS helped us to keep the project costs low and we were very satisfied with their partnership."
According to Alexander von Wittgenstein, Business Analyst for DrKW, "The integration of DS2000 into the DrKW architecture offers significant advantages to us. We now have a fault tolerant and scalable solution for publishing rates to our trading systems. Overall, the integration of DS2000 was done in an extremely efficient manner. DS2000 was integrated into a production environment in a matter of weeks."
DS2000’s capabilities include publishing data both Intra and Internet wide. These sources can be created using any standard development environment, including Java, Visual C++, Visual Basic and Delphi. DS2000 easily routes information from real-time vendors to appropriate applications using standard TCP/IP protocol.
PFS TraderTools LCC, a leading provider of middleware technology, enables organizations to exchange information reliably and securely in real-time, both internally and externally. Its products allow software applications to communicate across local- or wide-area networks, including private networks, intranets and the Internet. PFS facilitates the rapid publishing and deployment of third party or internal information.
PFS’s product suite includes:
- DS2000 a data transmission platform or gateway for real-time data.
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