Chicago, Thursday 25 September 2014 — CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced Brazil’s leading algorithmic trading technology provider BLK Sistemas Financeiros has selected the VeriFIX automated testing tools to further optimize trading opportunities for its RoboTrader platform.
BLK Sistemas Financeiros’ offers the Capital Markets the most advanced trading platform available to trade the Brazilian market. To retain and build on its market reputation BLK invests significantly in a continuous technology innovation program including Quality Assurance. VeriFIX was selected to fulfill 100 percent BLK’s QA testing requirements. Prior to VeriFIX, BLK was conducting manual QA testing.
Rogério Paiva, Managing Director at BLK Sistemas Financeiros, says: “The adoption of the VeriFIX automated testing tools has enabled us to significantly decrease the full regression testing timeline and standardize the process to eradicate error potential common with manual processing. Shorter test cycles have resulted in faster release turnaround times and also provided greater efficiencies for our QA team, allowing them to expand focus to additional core areas.”
Peter Mott, VP Americas for CameronTec Group, says: “CameronTec is pleased the uptake of our valuable trading technology and tools continues to expand in the LATAM market. Our accomplishment with BLK Sistemas Financeiros is another example of how VeriFIX can raise the quality of service for market participants.”
CameronTec’s solutions are tested and trusted by the world’s best firms in over 50 countries, on all five continents, representing the broadest cross section of tier 1 and 2 investment banks, brokers, fund managers, exchanges, regulators, and members of the ISV community.
CameronTec Group Professional Services offers onsite support at the client site or from its offices in Chicago, New York, London, Stockholm, Hong Kong, Mumbai, Sydney, Paris and Frankfurt.
Each year CameronTec Group is pleased to sponsor and exhibit at LATAM’s largest trading event, the FIX Trading Community’s Latin America Trading Conference in Sao Paulo. This week CameronTec is exhibiting at the FX World Conference in Istanbul, September 25 – 28.
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, 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.
BLK Sistemas Financeiros is a leading provider of financial software in Brazil, specializing in electronic and algorithmic trading, and specifically the development of algorithmic software for the Capital Markets industry.
Its team of professionals are highly trained with many years experience in the financial markets, resultingin deep knowledge of operational engineering in equities, futures, fixed income, commodities, derivatives and pricing models.
The company has its own headquarters in São Paulo close to BM&F BOVESPA.