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Aegis Software Creates Services Arm to Help Industry Deal with Dynamic FIX Landscape

Aegis Software Inc., a best-in-class global provider of high performance, configurable trading and testing solutions, is pleased to introduce its newly established Aegis Pro Services(tm) to assist companies throughout the testing, certification and client support phases of their FIX initiatives. The services complement Aegis' Exchange Simulator and Client Simulator, which are widely recognized throughout the financial services industry as the defacto FIX testing and simulation tools available in the market. The addition of the much-requested services offering enables top tier buy and sell-side firms, exchanges and ECNs to achieve their goals for high-quality functional and performance FIX testing, client On-Boarding and manual/automated regression testing.

The industry is moving faster than ever before to upgrade and enhance their FIX infrastructure. For example, NYSE is offering the Common Customer Gateway, both as a faster pipe into the exchange, and as an alternative to the legacy CMS protocol. AMEX is fielding the new FIX-based AEMI protocol and CME is enhancing GLOBEX's FIX capabilities in order to support CBOT integration.

"We're responding to the needs of our customers," said Debbie Spero, Director Business Development, Aegis Software. "The lack of adequate FIX resources can adversely impact many different business areas: software deployment, quality control, customer support. There's just a great shortage of qualified FIX technicians, and Aegis' breadth and depth in the FIX industry places us in a unique position to offer this service," added Ms. Spero.

Aegis Pro Services uses a best-practices approach to work with customers to build a FIX connectivity roadmap that is customized to their business and technology objectives. Electronic trading systems are thoroughly tested to ensure fast, consistent connections with trading partners. Key features include:

* Functional, Regression and Performance Testing
* Load and Stress Testing
* FIX Validation
* FIX "On-Boarding" Procedures
* Problem Determination and Correction of Production Issues

"Growth in electronic trading requires you to have a team with in-depth knowledge of FIX and experience in a trading environment," said Stan Adelman, President, Aegis Software. "There's a tremendous amount of synergy between our Aegis Pro Services offering and our Client Simulator and Exchange Simulator products. We help trading companies deploy faster, with higher quality and with better overall customer satisfaction. It is a very convincing value proposition," added Mr. Adelman.