"Weâre seeking not only to maintain, but to extend our industry leadership," states John Coulter, President and COO of Javelin Technologies. "Bonaire has established itself as a proven provider of client integration services and application software to the securities industry. Bonaireâs solutions compliment Javelinâs strengths and leverage our existing technology. Ultimately, our goal is to make client integration faster, more efficient, and less costly while improving overall trade flow and systems connectivity."
Bonaire CEO, Christopher John remarks, "This alliance represents an exciting opportunity for Bonaire to work with the industryâs #1 FIX Engine and a premier electronic trade messaging solutions provider. What makes this relationship so compelling is the ideal fit and complimentary nature of our people, process, and technology which will be leveraged to further extend Javelinâs leadership position."
Javelin's electronic trading solutions streamline workflow and eliminate the high cost and risk of developing proprietary network links and protocol implementations. Javelin has expertise in securities trading for equities, fixed income, derivatives and foreign exchange. Javelinâs client roster includes more than 300 of the top asset management institutions, brokers, exchanges, ECNs, and technology vendors around the world.
Bonaire Software Solutions provides targeted services, software components and applications to meet the front, middle and back office data connectivity and data movement issues of the financial services community. Through a staff of business and technology experts having senior-level institutional experience and a comprehensive understanding of the trade process, Bonaire offers considerable domain expertise that brings value to each step of the Straight Through Processing chain. In addition, Bonaire utilizes its own extensive J2EE software component library that has spawned a suite of financial software applications including XchangeENVOYTM, a T+0-ready, application-level intelligent data router.