ICAP also chose Tervela to address the information distribution demands of a global network of electronic fixed income trading customers in both established and emerging markets. ICAP Electronic Broking will deploy Tervela’s new TMX-500 Message Switches and Tervela TPE Persistence Engines.
The TMX-500 product includes: a scalable architecture that facilitates accelerated and consistent application delivery; centralized management and control for full operational visibility and provisioning; an application programming interface (API) to support rapid and seamless client integration; guaranteed message delivery and data persistence and compelling data center economics compared with traditional messaging middleware solutions.
Eric Schnadig, CEO of Tervela, said: “An esteemed institution such as ICAP crowns a portfolio of blue-chip firms who use Tervela messaging for their critical information needs. The ease of implementation, economic value, and business enablement capabilities underscore the attainability and importance of a new messaging framework for organizations whose information distribution demands drive the bottom line.”
