Greenline Financial Technologies, Inc.
|Greenline Financial Technologies|
|Key People||Josh Tolman|
|Products||VeriFIX®, CertiFIX®, MagniFIX®, MetriFIX® and Latency Monitor|
Greenline provides FIX Protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. Greenline’s flagship product suite, VeriFIX, CertiFIX, MagniFIX, MetriFIX and Latency Monitor, delivers end-to-end global connectivity for any electronic trading environment using or migrating to FIX Protocol. Its professional services consultancy evaluates clients’ business strategies and trading technology operations, leveraging its expertise across all connectivity and messaging protocols. Greenline Financial Technologies, Inc. is a member of FIX Protocol Limited – North Americas, and is a wholly-owned subsidiary of MarketAxess Technologies, Inc.
In March 2008, Greenline was acquired by MarketAxess Holdings Inc., the operator of an electronic trading platform for U.S. and European high-grade corporate bonds, emerging market bonds and other types of fixed-income securities. The acquisition totaled $42 million in cash and stock consisting of $35 million in cash and MarketAxess shares valued at $7 million, with additional cash consideration of up to $3 million contingent on attainment of certain earn-out targets.
Products and Services
Greenline offers a range of services designed to help clients through the analysis, testing, implementation, and monitoring phases of complex electronic trading operations. The services include:
VeriFIX TestPilot can help manage complex performance and load testing across multiple networked servers using your existing VeriFIX installation.
CertiFIX is a web-based, automated certification system designed to simultaneously certify multiple counterparties 24/7.
FIXecution is a reporting system that allows firms to generate FIX messages based on order flow from a database.
MagniFIX enables technology professionals to proactively monitor message activity and troubleshoot FIX connection inefficiencies.
MetriFIX runs real-time analysis on order message flow and displays statistical data measuring message rates, times and latency.
Professional Services is a trading technology consultancy designed to assist clients with their trading technology needs, from planning through to development and implementation. Professional Services can provide strategic assessments on clients' technology operations, implement trading technology initiatives and develop custom technologies.
- Josh Tolman, President
- Tim Wilcox, Director of Business Development
- Josh Nardo, Director of Professional Services
- Jean-Cedric Jollant, Head of European Operations
- CameronTec Agrees to Buy Greenline. Marlin & Associates.
- "MarketAxess Announces The Acquisition of Greenline Financial Technologies, Inc.”. Greenline Financial Technologies.