Lasalletech extends global reach through new partnership with Macdonald Associates

22 March 2010

Lasalletech announced this week the signing of its second partner, Macdonald Associates. With resellers around the globe, Lasalletech’s product suite is now available via local channels in the UK, European, Australasian, South East Asian, Hong Kong, Middle Eastern, and North American Markets.

Lasalletech and Macdonald Associates have formed a strategic partnership for sales and support of the Lasalletech FIX productivity tools. The Lasalletech product suite includes tools that make the process of developing and deploying a FIX service more efficient, saving companies time and money. Companies using Lasalletech’s tools can enhance productivity and improve communication during the entire FIX lifecycle starting with the definition and publication of the specification. This announcement follows a similar agreement with Chelmer last week.

“We are greatly pleased to have Macdonald be our reseller and partner in UK and Europe. The partnership combination of Macdonald Associates, Chelmer, and Lasalletech bring together the most capable trading connectivity engineering firms globally to provide sales and support for the leading FIX productivity tool suite,” said Jacob Northey, Lasalletech’s co-founder.
George Macdonald, CEO of Macdonald Associates said "I am delighted that we will be able to offer support for Lasalletech’s suite of FIX tools. I am sure that they will add a great deal of value to our customers, in testing FIX connectivity, supporting their production links, and on-boarding counterparties. We have been using Lasalletech's OpenFAST since 2008 and are impressed with its reliability and performance.”

“Our vision is to build lasting solutions with the flexibility to evolve over time. Our goal is to always support the full FIX functionality as new changes are introduced. Lasalletech’s product suite ensures our promise is kept with our customers,” said George Macdonald.

Lasalletech is one of the sponsors of the EMEA Trading Conference being held March 23rd at Old Billingsgate in London. Jim Northey, Lasalletech co-founder and the FPL America’s co-chair, will be speaking and participating in panel discussions at the conference.

The LaSalle Technology Group, LLC was founded by the father and son team of Jim and Jacob Northey in 2006 with the goal of being a premier provider of products and services for standards based electronic trading applications within the financial markets. In 2008, Andy Faibishenko joined Lasalletech as a partner bringing with him considerable expertise in the architecture of large scale systems. In addition to the product suite, Lasalletech offers consulting and integration services for all phases of FIX/FAST/FIXML implementation, exchange connectivity (including proprietary exchange APIs), market data connectivity, trading systems development, as well as performance tuning and systems architecture. Lasalletech is based in Houghton, Michigan and Chicago, Illinois.

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