Eze Castle Integration Launches ECI Link to Provide Powerful Communications Network for Buy-side Firms
Highly secure and redundant network delivers streamlined and converged access to Internet, FIX, market data and voice connectivity over a private network
BOSTON – November 3, 2008 – Eze Castle Integration, Inc., a leading provider of technology and IT services to hedge funds and investment firms, today launched its ECI Link service to provide clients streamlined connectivity to financial communities. ECI Link bundles Internet, FIX, market data and voice connectivity over a private network to provide financial firms a highly secure, redundant and available communications network to power their trading operations.
The foundation of ECI Link is Eze Castle’s ECINet Private Network which serves as the communications gateway for more than 300 buy-side firms, delivering highly secure and redundant Internet-based communications. Extending the reach of ECINet, Eze Castle has established direct connectivity to the SunGard Transaction Network (STN) to provide customers with one communications platform to reach all of their trading counterparties, including broker/dealers, dark liquidity pools, crossing networks and other execution venues. STN is a trade automation and connectivity solution that links institutions throughout the financial services value chain, facilitating the purchase and sale of securities.
Bob Ward, chief operating officer of SunGard’s wealth management business, said, “Expanded connectivity is especially crucial in volatile markets where greater price transparency and best execution are needed. STN helps investment firms to accelerate time to market, react quickly to market events, and access a wide universe of brokers for FIX order routing and trading through one secure connection. Eze Castle Integration and SunGard together provide a comprehensive and competitive communications package for buy-side firms.”
Managed by Eze Castle’s dedicated communications team, ECI Link simplifies the startup process and ongoing management of a firm’s communications network. Eze Castle can quickly deploy ECI Link to provide firms with the key communications components necessary to jumpstart trading operations. Once in place, Eze Castle’s dedicated team monitors the quality of service delivered and proactively makes adjustments as necessary to ensure connectivity across ECI Link is operating at peak performance.
“Enhancing and streamlining trading operations while reducing costs and risk is a top priority for our clients and the investment industry as a whole. In developing ECI Link we set out to fulfill this requirement and leverage our networking expertise to provide a complete solution that bundles the communications elements critical to a firm,” said Bob Guilbert, managing director, Eze Castle Integration. “With ECI Link we are furthering our commitment to deliver and manage the full-spectrum of technology on which today’s investment firms run and laying the platform for future advancements.”
About SunGard Transaction Network
A trade automation, compliance and connectivity solution, the SunGard Transaction Network (STN) links institutions throughout the financial services value chain, facilitating the purchase and sale of many securities types, including U.S. and foreign equities, fixed income, mutual funds, money market funds, certificates of deposit, and commercial paper. Integrated directly with SunGard systems and with third-party systems, STN helps automate the entire transaction lifecycle.
With annual revenue of $5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo and STN are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
STN Brokerage Services are provided by SunGard Institutional Brokerage Inc. * Member FINRA/SIPC * 377 E. Butterfield Rd., Suite 800 * Lombard, IL, USA 60148
STN trade automation and connectivity services are provided by SunGard Global Execution Services Limited.
Registered in England and Wales No. 3127109 * Registered Office: 25 Canada Square, London E14 5LQ - Authorised and Regulated by the Financial Services Authority, No. 469919
About Eze Castle Integration
Eze Castle Integration (www.eci.com) is the leading provider of technology and IT services to the investment industry. The company’s products and services include Startup and Relocation, Outsourced Technology Support, Professional Services, Telecommunications, Business Continuity Planning and Disaster Recovery, Archiving, Storage, and Internet Service. Eze Castle Integration is headquartered in Boston and has offices in Chicago, Los Angeles, Minneapolis, New York, San Francisco, Stamford and London.