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CameronTec Group Expands EMEA Business to Embrace Turkey

Announces exclusive FIX-focused Istanbul event as Turkey readies for market transformation, supported by the FIX Trading Community organisation, a capital markets association.

CameronTec Group, the global standard in FIX connectivity incorporating trading technology and professional services, today announced the expansion of its EMEA business to embrace Turkey, as the country prepares for the new role of major regional financial hub and potential bridge between East and West. To further this expansion, CameronTec is hosting an exclusive FIX-focused event in Istanbul on April 3rd.

With Turkey undergoing significant development triggering a shift in trading market infrastructure strategy and requirements, a deft selection of the industry’s best-of-breed trading technologies will be tantamount to its success. As Borsa Istanbul’s trading platform upgrade will leverage the FIX Protocol, Brokers connecting to the Exchange are in turn upgrading their connectivity to access the new trading gateway.

The globally embedded FIX technology standard, CameronTec Group is positioned well to supply the Turkish market with superior trading software and associated services to deliver the required robust solutions. “CameronTec Group is expanding coverage in the EMEA region and working with the local Turkish market to provide best-of-breed FIX connectivity, trading infrastructure and associated services as the country undergoes this latest market transformation,” says Anders Henriksson, CEO for CameronTec Group.

At the exclusive CameronTec-hosted FIX Protocol Luncheon Event in Istanbul, guest speakers will include representatives from IS Investment, the FIX Trading Community organisation and CameronTec Group to cover topics such as FIX Infrastructure, Support for Non-FIX Protocols, Risk Management, Managed Services and Professional Services. 

Turkish investment bank, IS Investment, is working with CameronTec Group to provide FIX connectivity to the foreign investment community looking to trade in the Turkish Capital Markets. Sila Sirinoglu, Project Manager at IS Investment, says implementing the technology from CameronTec has greatly improved the management of FIX connection processes. “Our problem detecting and analyzing periods have improved by 80 percent and our business can now easily monitor FIX connections, create rules and receive necessary exception alerts.”

At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments.  With a host of industry-firsts, Catalys and CameronFIX provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.

CameronTec recently acquired Greenline Financial Technologies, reinforcing its category leadership and creating a unique single destination for all things FIX... whether it’s connectivity, trading or all the tools and framework to manage and optimise.