London, Wednesday 24 September 2014 — CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced leading Turkish Broker, Eczacıbaşı Securities, has selected and gone live with the Catalys FIX gateway to connect to Borsa Istanbul’s equities and derivatives markets.
As Turkey continues its market transformation, undergoing significant development and change in trading market infrastructure, leading local Brokers such as Eczacıbaşı are investing in the financial industry’s best-of-breed technology to retain and build their business. Following Borsa Istanbul’s trading platform upgrade leveraging the FIX Protocol; Brokers are in turn upgrading their connectivity in order to efficiently access the Exchange’s new trading platform.
Eczacıbaşı Securities is one of the most established independent Brokerage operations in Turkey. As providers of the globally acknowledged FIX technology standard, CameronTec Group is well positioned to supply Eczacıbaşı and the broader Turkish market with superior connectivity solutions that have been fully certified by Borsa Istanbul. The suite of CameronTec products selected by Eczacıbaşı’s includes Catalys connectivity technology, Business Adapters, High Availability and the Dashboard monitoring tool.
Anders Henriksson, CEO for CameronTec Group says: “In response to increasing interest in Turkey’s financial markets, Brokers such as Eczacıbaşı Securities are under greater pressure to invest and leverage proven technologies. CameronTec is pleased to be working with Eczacıbaşı Securities, one of Turkey’s leading Brokers already serving institutional customers in more than 20 countries.”
Raim Solmaz, Information Technologies Director for Eczacıbaşı Securities says going into production with technology from CameronTec greatly bolsters their connectivity value proposition. “Our business now offers customers the most robust FIX market connectivity, with the added capability to more effectively monitor and manage all connections. This puts us in a leading Broker position for both local and international market participants.”
At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.
CameronTec Group is pleased to sponsor and exhibit at this year’s FX World in Istanbul, Turkey’s premier FOREX and Derivatives Conference and Expo, to be held at the Istanbul Congress Center September 25th – 28th.
CameronTec Group is the global standard in financial messaging infrastructure and tools for the Capital Markets industry that today powers the largest user base among financial institutions. Uniquely positioned as a software and service provider for enterprise, hosted and managed platforms, a dedicated professional services team ensures optimal integration and deployment performance. CameronTec’s flagship offering Catalys is underpinned by market-leading connectivity technology and engineered on the widely acknowledged standard in FIX engines, CameronFIX. The FIX integration, testing and management solutions, including VeriFIX and MagniFIX, build out the offering to provide end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX and proprietary protocols. Catalys Market Access offers FIX-powered gateways to more than 60 equity, derivative and FX markets across the globe, as a locally deployed or managed / hosted service. An offering exceptionally supported by regionally focused teams in London, Stockholm, Chicago, New York, Hong Kong, Sydney, Paris, Frankfurt and Mumbai. CameronTec Group is owned by Nordic Capital Fund VII.
Eczacıbaşı Securities is a leading provider of top-tier and full-range investment services to local and international private and corporate clients. It is also one of the oldest independent brokerage operations in Turkey.
Prudence, efficiency and a client-focused approach to business have been the driving forces behind Eczacıbaşı Securities’ steady growth for more than three decades. Among the 90-plus brokerage houses operating in Turkey, Eczacıbaşı Securities consistently ranks within the top 10 in operating revenue.
Eczacıbaşı Securities is owned by Eczacıbaşı Investment Holding, the first publicly-traded investment holding company in Turkey.