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London Head Office Head Office

International House, 1-6 Yarmouth Place,
London

Telephone

+44 207 993 9906

Contact

Stefan Basiuk
[email protected]

Mission Statement

Since 2003, Rapid Addition has been the leading software solutions provider to the global electronic marketplace. Our founders comprise some of the best known names in the industry.

A fully independent company, headquartered in the UK with a presence in North America, Asia, and Latin America, Rapid Addition works with many of the leading global financial institutions, including banks, broker-dealers, exchanges, TFs, Foreign Exchange (FX) houses, and investment managers.

Profile

Since 2003, Rapid Addition has been the leading software solutions provider to the global electronic marketplace.
A fully independent company, Rapid Addition works with many of the leading global financial institutions, including banks, broker-dealers, exchanges, TFs, Foreign Exchange houses, and investment managers.

Benefits

Rapid Addition’s products include the
industry’s most consistent low latency FIX
and FAST engines and capture the company’s
unique insight and extensive experience in
the FIX marketplace.

Rapid Addition key Benifits are

Achieve deterministic latency
High Throughput:
+ Increases messaging throughput proven high throughput with consistent results
+ Fully scalable to meet your current and future needs
Low Latency:
+ Consistently fast message delivery Low latency
+ Ultra low-latency with consistent measurement providing predictable trading results
+ On going R&D Continually optimised to further enhance performance to stay ahead of the game
+ Continual program of testing in Intel’s Low-Latency Labs providing independent 3rd party proven results
Low Cost:
+ Higher performance from commoditised hardware Standard server not special hardware
+ Higher transaction volume processing = lower data centre footprint
+ Reduced Total Cost of Ownership (TCO)
+ Accelerated return on investment (ROI) Fast time to market making you money and reduce your risk
Operational Flexibility:
+ Full in-flight session independence
+ Full transport independence
+ FIX repository-driven
+ All versions of FIX-out-of-the-box from 4.0 to 5.0 (all service packs)
+ Ease of integration & customisation (integration in days, not months)
+ Platform independent – available as a .NET/C# FIX Engine and as a Java FIX Engine
+ Fully compatible with all FAST engines
+ Support for direct integration with .NET and Java applications

Focus

High Performance Trading -FIX Messaging solutions

People

Kevin Houstoun, Chairman
Kevin has over 20 year’s experience of working within financial markets technology including Citigroup and HSBC. Kevin helped to establish the FIX protocol in Europe. His first FIX engine was given away as a learning aid that helped many enterprises further their knowledge of FIX. Kevin is the designer of the FIX Repository for FIX Protocol Limited, Co-chairs the Global Technical Committee, and is an active member of the Global Steering Committee.

Toby Corballis, CEO

Toby has over twenty years of experience as an IT specialist in roles ranging from Developer and Programmer, to Project Manager, Entrepreneur and Business Leader. His experience of large-scale multinational strategic projects means he brings business change management, price modelling, and brand promotion expertise to Rapid Addition.

Simon Leighton-Porter, COO

Simon has worked extensively within investment banking and has extensive experience of the front office both from a business and IT perspective.

Prior to joining Rapid Addition on a full-time basis he spent over 10 years with Citigroup. His product experience covers equities, fixed income and derivatives. He is also a member of the FIX Global Technical Committee and represented FIX Protocol Limited on the MiFID Joint Working Group. He also serves on a number of other industry bodies and in 2006 received the ISITC Europe Personal Contribution to Operational Efficiency Award.

Clive Browning, Chief Information Officer
Clive has written three FIX engines prior to becoming a co-founder of Rapid Addition in 2003. He is an active member of FIX Protocol Limited, co-chairs the Global Technical Committee’s FIX 5.0 Usage Subcommittee, is involved in the development of FIXT1.2 and a participant of the Implementation and Optimisation Working Group. Clive was responsible for writing the C# port of the FAST Protocol.

Clive has 20 years experience in IT with 8 years hands on FIX technical and implementation experience gained whilst FIX enabling clients from the equities, bond pricing and options asset classes. His FIX experience spans both point-to-point and hub connectivity models along with the implementation of custom mappings and routing scenarios.