Lasalletech and Barton-Heyman Form Strategic Partnership in Africa

Houghton, MI - 25 February 2013

The Lasalle Technology Group, LLC ("Lasalletech") and Barton-Heyman of Lagos, Nigeria, announce today the formation of a new strategic partnership. Barton-Heyman is now a certified reseller and will support the Lasalletech FIX Productivity Suite throughout Africa.

Africa is growing rapidly. In fact, 7 of the 10 fastest growing economies in the world are located on the African continent. Lasalletech has been working with multiple African brokers and exchanges since 2007 to help deploy FIX protocol-based infrastructure to enable electronic trading.

The Lasalletech FIX productivity tool suite consists of:

  • FIX Conductor - automates FIX client onboarding and certification
  • FIX Technician – enables ad hoc and fully automated testing
  • FIX Detective - provides management, monitoring, and operational diagnostics
  • FIX Explorer - a FIX specification editor and management system

The Lasalletech FIX Productivity tools are highly integrated to make the process of developing, deploying, and operating FIX-based trading systems more efficient. The tools speed up time to revenue, reduce backlogs of customers waiting to connect to electronic trading platforms, enhance productivity and improve communication during the entire FIX lifecycle, resulting in reduced costs and quicker time to market.

Lasalletech's product suite is in use around the globe, helping to improve the quality and efficiency of financial markets in the UK, European, Australian, South East Asian, Hong Kong, Middle Eastern, North American, Brazilian and now African financial trading markets.

"We are pleased that Barton-Heyman, a leading provider of financial technology products and services based in Lagos, Nigeria have agreed to sell and provide support for Lasalletech products. Similar to Lasalletech, Barton-Heyman has a proven track record in delivering FIX-enabled trading solutions," said Jim Northey, co-founder of Lasalletech.

Mark Byron, CTO/Director at Barton-Heyman, stated, “We look forward to building on the initial success we’ve already achieved in implementing Lasalletech's products here in Africa. We value their commitment to improving the ROI on FIX-enabled trading systems. Lasalletech has extensive experience in implementing FIX-based trading infrastructure in the emerging markets."

"We here at Lasalletech are extremely excited to bring our products and our expertise to Africa via our partnership with Barton-Heyman. Barton-Heyman shares our vision in terms of products and services," said Jacob Northey, Lasalletech Product Manager and Partner, "A key part of Lasalletech's commitment to the growth and adoption of the FIX Protocol is the availability of very high quality, yet affordable productivity tools that simplify and automate the workflow. Our users are finding our products have superior features and usability when compared to similar offerings at a fraction of the cost."

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