Strategic Partnership between Onix Solutions and EDATA Tech & Consulting in Middle East

28 September 2006

Onix Solutions, the leading provider of high performance FIX-based messaging platforms, today announced the strategic Appointment of new partner EDATA to deliver Onix FIX solutions and consulting Services to the Middle East region.

The offering of an integrated FIX, Order Management and Market Data platform, provides minimal risk and fast execution for clients. The most advanced capabilities for trading and market data aggregation is now available throughout the Middle east via these market leading technology solutions. Three additional joint deployments will soon be launched further to recent deployment in Qatar.

"EDATA is delighted to have secured Onix Solutions as a partner to be integrated with our E-Trading solutions (ETL) and the order management systems" said Tareq Saleh CEO .

"This further enhances our coverage in the Middle East" said Richard Barker Business liaison manager Onix Solutions. We have already added support for two local exchanges and two further exchange handlers will be launched in October. EDATA are highly regarded and their professionalism in completing the deployment in Qatar resulted in this being completed on time and within budget.

Onix Solutions and EDATA's strategic alliance will accommodate the rising regional demand for connecting to local exchanges. Regional support and Arabic documentation will reduce deployment times and enhance product and service appeal.

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