Why Remote FIX support is Today’s Need

Why Remote FIX support is Today’s Need?

Financial communication, including trading, executions, and many others, is a complex process. The communication protocol isn’t as straightforward as it may be across other business domains. Hence, the need for an electronic communication protocol continued to confront financial players for decades. As a result, in 1992, the finance fraternity came up with FIX – Financial Information eXchange. The protocol, with its robust FIX support, made its way to the finance industry through a group of institutions, all looking to streamline their trading processes.

The founder institutions envisaged that FIX can improve the efficiency of financial communication. They believed FIX can set a standard for electronic communication of orders, executions, and indications. FIX, as they define it, is an open message standard electronic communication protocol. It enables international real-time exchange of information relating to securities transactions and markets. FIX does not belong to a particular organisation or institution. It is a non-proprietary, open standard and free protocol. The member firms of FIX strive to help it evolve on a continuous basis.

How Does FIX Help with Remote FIX Support and FIX Protocol Support?

FIX helps in diverse ways. FIX communications include email, text messages, order submissions and changes, securities trade allocations, and news, along with executing reporting and advertising. The most common application of FIX is business-to-business interactions. It helps improve business messages and the flow of transactions.

It reduces redundancy and saves time incurred in written messages, documentation, transactions, and telephonic communication. It mostly benefits investment banks and investment managers. Deploying the FIX system within the workflow ensures the relay of accurate and timely financial information about securities trades across securities exchange centres.

Who Uses FIX and Why Fix Protocol Testing and Fix Support Matter.

FIX users are present on the buy side (institutions) and sell side (dealers/ brokers) operating in the financial markets.

The users include investment banks, stock exchanges, brokers, mutual funds, and electronic communication networks. They use FIX for equity transactions, bonds, Forex, and many other purposes. These institutions benefit significantly from robust remote FIX support that enables continuous communication, testing, and integration regardless of geographic location.

FIXSOL – Your Remote FIX Partner for Electronic Trading Support

We are a company that holds expertise in the FIX-based electronic trading domain. We empower finance players (buy side as well as sell side) with testing solutions. We help our clients automate testing through competitive systems that help achieve rigorous testing with the use of dynamic test cases.

We offer services that make partnering with us as the remote FIX associate imperative. Our services include the following.

  • FIX Client On-Boarding and Certification

FIXSOL specializes in streamlining the FIX client onboarding and certification process, ensuring faster, smoother, and more reliable trading connections. With expertise in FIX protocol, OMS integration, Linux, and database systems, they provide end-to-end support for seamless client onboarding, reducing downtime and ensuring full compliance. We also offer global time zone coverage, detailed testing, and certification, helping firms connect with counterparties, expand into new markets, and efficiently manage system upgrades and order flows. Their services simplify complex trading integrations and optimize operational efficiency.

  • FIX Support & Maintenance

  • QA & Regression Testing
  • Overall support to the Trading Lifecycle
  • Batch Processing and Automation
  • FIX Engine Management

So, if you are a finance player looking forward to streamlining financial information exchange, here are some reasons why you must choose us as your remote FIX partner.

1. Faster Delivery of Solutions with Fix Protocol Testing

We are a unit of FinTech experts. We engineer solutions for a range of FIX concerns as quickly and accurately as possible.

2. Flexibility in Fix Support for Seamless Integration

Our project resources, whether human or technological, are flexible enough to enable a seamless FIX operational experience, regardless of your business volume.

3. Easy Availability of Resources for Fix Support

Our FIX unit is a full-fledged team that works tirelessly towards delivering FIX solutions. So, you will always have resources easily available to help you work out a way out of your problems at any time during the day.

4. Improved Efficiency Through FIX Protocol Support

Our FIX solutions help you improve the efficiency of financial communication and make the most out of the protocol.

5. Dedicated Resources and Team for Electronic Trading Support

We assign a project manager and dedicated team for every project. With us, you won’t experience project delays, service delays, or delayed responses.

Connect with our experts now, and know how associating with us as your remote FIX partner helps you achieve the benefits of FIX protocol.

If you have any requirements for FIX protocol-based solutions for Electronic Trading, do not hesitate to email us at sales@fixsol.com.