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CameronTec: Red Kite Partners with CameronTec for Brazil Market

Press release published at The Swedish Wire
New York & Sao Paulo: Tuesday 27 April 2010 - CameronTec, the financial industry's leading provider of FIX infrastructure and connectivity solutions, today announced a regional partner agreement for the Brazilian market with local financial solutions technology provider, Red Kite Americas.

With a focus on the Latin American markets, Red Kite Americas will provide the Brazilian financial community with regional sales and professional services for CameronFIX, the engine universally regarded as the reference standard for reliable, mature FIX applications.

"Brazil presents sizeable opportunity for CameronFIX given its market participants increasing interest in and uptake of the FIX protocol," says Max Colas, Chief Product Officer, CameronTec. "With Red Kite's deep knowledge of the regional market, CameronTec will be better positioned to fulfil the specific needs of Brazil's evolving liquidity management and trade execution systems and provide the necessary local support and technical delivery."

"We are very pleased to be partnering with CameronTec and look forward to actively working with what is undoubtedly the financial industry's most widely accepted FIX product offering," says Dennis Rodrigues, CEO, Red Kite Americas.

"Electronic connectivity in the Brazilian markets is bringing Brazil in line with global markets and producing record trading volumes. The partnership between Red Kite and CameronTec promises to leverage this trend and increase efficiencies," says Celso A. Silva, Director, Red Kite Americas in Brazil.

Red Kite Americas will be exhibiting at the upcoming FIX Protocol Limited Latin America Electronic Trading Conference held in Sao Paulo on August 9.

CameronFIX today is the outcome of 12+ years continuous investment in FIX performance, scalability, interoperability and robustness. Larger investment firms, brokers, exchanges and regulators on all five continents, and an increasing number of boutique firms seeking high standards for FIX, use CameronFIX for their high performance FIX applications.

During the course of its commercial life, many technology companies have developed long and successful partner service offerings around the CameronFIX Engine. These include Japan-based MetaBit and South African-based Peresys. For a full list of proven CameronFIX partners refer http://www.camerontec.com/partners/

About CameronTec
CameronTec is the financial industry's leading provider of FIX infrastructure and connectivity solutions; its flagship product CameronFIX universally regarded as the reference standard for reliable, mature FIX engine applications. It is the only long-established FIX engine that delivers continuous, compelling version upgrades.

With truly dedicated customer service at the core of everything we do, CameronTec has offices in New York, Chicago, London, Paris, Hong Kong, Sydney and Stockholm.

During the upcoming FST Expo in New York, June 22 - 24, CameronTec will preview CameronFIX 7, the outcome of a 3 year development roadmap for improved scalability, enhanced experience and generational renewal resulting from significant improvements to the defining aspects of the software, and leveraging industry standards for Java programming, integration and performance.

CameronTec is an Orc Software company.

www.camerontec.com

About Red Kite Americas
Red Kite Americas provides technologies and services to deliver trading and liquidity management solutions for a range of clients in Latin American financial markets. Working with its customers and partners, Red Kite builds and integrates customized solutions for banks, brokers, hedge funds, money managers and any market centre looking to improve connectivity, liquidity management and efficiency in day-to-day interactions with Latin and global markets.

www.redkiteamericas.com

For further information:
Annie Walsh, Chief Marketing Officer, CameronTec +44 (0)7748 633445
Dwight Holmberg, Business Development Manager, Red Kite Americas, +1-203-258-0380
Celso A. Silva, Sales Manager, Red Kite Americas, +55 11 3013 3850



This information was distributed by Cision
 

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