SolutionForge Reports Record Sales of Microsoft-Based FIX Engine in 2002

SolutionForge's FIX engine now established as a leading solution for securities messaging via the FIX protocol

14th January 2003 - London - SolutionForge, the UK-based provider of financial Straight-Through Processing solutions, today reported that the company achieved a record number of new customer wins in 2002, including sales to The London Stock Exchange, Advent Software, Skandia, IFDS, and Fox-Pitt, Kelton.

SolutionForge's flagship product, FIX.NET Server 2002, is the only FIX messaging solution in the market that has been specifically developed solely for Microsoft platforms. This focus allows SolutionForge to cater for institutions (Buy-side, Sell-side and Exchanges) whose technology infrastructure is based on the Microsoft platform, and provide seamless electronic transfer of securities transaction data.

However, the flexibility of the Microsoft platform and SolutionForge's technology also allows easy integration with other platforms; FIX.NET Server's support for SOAP and Web services means that Java-based firms can also take advantage of the product's ease-of-use and rapid time-to-market.

Steve Wilkinson, CEO and founder of SolutionForge, states, "2002 was a very successful year for the FIX protocol in general and SolutionForge in particular. Take-up of the standard continues to grow apace, especially across Europe and our level of sales indicate that SolutionForge is a company to watch in 2003. We are expecting similar success and growth in the next 12 months."

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