Currenex Selects Helium Systems' TradePVR for FIX Connectivity Monitoring

Santa Clarita, CA - 15 December 2006

Currenex, a top liquidity aggregator in the foreign exchange (FX) market, has selected the TradePVR network appliance solution for FIX connectivity monitoring and archiving. The TradePVR solution provides instant recall and searching of all recorded FIX sessions, measures response times on all requests and provides high-level summaries and charting.

Currenex, a top liquidity aggregator in the foreign exchange (FX) market, has selected the TradePVR network appliance solution for FIX connectivity monitoring and archiving.

Hu Liang, Director of Integration at Currenex, said: "Currenex prides itself on delivering performance and customer service. With Helium Systems' FIX TradePVR, Currenex is able to monitor all FIX traffic in one consolidated view, while maintaining the ability to view individual events and messages instantly. Helium Systems' product is improving Currenex's customer service without adding performance overhead." Currenex was named the "Best FX Trading Technology Vendor" at the e-FX awards earlier this year.

Commenting on the product, Helium Systems LLC President Alex Malone added, "Many trading firms have endured the high costs of developing and supporting in-house tools for incident response and data analysis, only to find that their solution falls short at critical moments. TradePVR is the ideal plug and play solution at a fraction of the cost of in-house solutions. It provides instant recall of FIX transactions, measures response times on all requests, and provides high-level summaries and charting. Using the simple dynamic web interface, even a FIX novice can easily and quickly determine what happened to any given transaction at the lowest possible level. Venues can even extend the use of the tool to their customers via the web."

Rather than processing large log files on critical FIX servers, the TradePVR network appliance solution unobtrusively captures and processes network traffic in real-time. The product works with any FIX engine or implementation.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development