Fxecosystem Goes Live With Metamako

Fxecosystem Goes Live With Metamako

23 May, 2016: FXecosystem, a leading provider of outsourced connectivity services, has enhanced its network monitoring capabilities through a new partnership with Metamako, the leading specialist in deterministic network devices for the world’s financial institutions.

Metamako’s network devices give FXecosystem’s clients the ability to ‘tap’ any in or outbound traffic across their entire network. They provide clients with advanced control and visibility of their network, including the ability to do dynamic patching (remote reconfiguring).

This latest development from FXecosystem is available to clients using FXeco-eye – the company’s popular real-time network and flow operational monitoring and data visualisation tool. In addition to advanced control and enhanced visibility, clients will also benefit from flexibility in network management and reduced latency.

FXecosystem has implemented Metamako in the UK, with plans for implementation in the US in the near future.

James Banister, CEO, FXecosystem explains: “Metamako devices are a game changer for Managed Service Providers and FXecosystem is pleased to be at the forefront of this. We’ve implemented Metamako as part of our strategy of continual investment to provide a market leading service to banks, brokers and hedge funds.

“One of the catalysts for deploying Metamako was to help our clients to ‘tap’ into all the data sets they require to meet their current and future regulatory demands. MiFID II regulations, for example, will require increased scrutiny into trading flow. The Metamako devices are extremely powerful and enhance our offering to clients.”

Dr. Dave Snowdon, founder and CTO of Metamako, says: “We’ve been working with firms in the HFT space since our launch in 2013, providing exceptionally low latency, very high determinism and a great deal of functionality and flexibility. It’s really exciting to see that our technology is now being implemented across different asset classes, such as FX and fixed income and also being used by a much broader range of financial institutions, such as banks and exchanges, as well as vendors. Our devices allow providers like FXecosystem to service their clients more effectively without impacting the latency of their service.

“We always knew that our clients were using our devices for much more than just latency reduction and determinism; a recent client survey proved this. The top use cases for Metamako devices include connection monitoring, tapping, timestamping and reconfigurable patch panels. We look forward to bringing these benefits to FXecosystem and their clients.”

For further information about FXecosystem, please visit www.fxecosystem.com. For information about Metamako, visit www.metamako.com

About FXecosystem

FXecosystem is a bespoke network solution designed to ease the fragmentation of connectivity in the 24 hour FX market. Its Meet-Me-Rooms (MMR)s™ provide centralised sources of FX connectivity to banks, buy-side and ECNs on a global scale. FXecosystem provides a single point of contact to deliver a fully outsourced solution with faster on boarding, low latency and less expensive connectivity. The company has recently extended its connectivity capabilities to the bond market, with the launch of Bondecosystem®.

FXecosystem’s portfolio includes the innovative FXeco-Eye product which provides clients with a unique, graphical overview of their flows. This real-time network and flow operational monitoring and data visualization tool enables business units and network/trading system support teams to speed up the process of establishing the root cause of any network and trading issues. For more information, please visit www.fxecosystem.com

About Metamako

Metamako, founded in 2013, develops the world’s fastest network devices, with the goal of simplifying networks, reducing latency, improving determinism and increasing flexibility.

To date Metamako has brought the following high-performance devices to market: MetaConnect 16, MetaConnect 48, MetaMux 32, MetaApp 32 and MetaMux 48. In addition, Metamako has released the MetaMux and MetaWatch applications to run on the Metamako platform.

In 2014 KPMG named Metamako in its first Global Top 50 FinTech Innovators report, and in 2015 Metamako was listed as an emerging star in KPMG’s global Fintech 100.

The founders, Scott Newham, Dave Snowdon and Charles Thomas, have extensive experience engineering high-performance hardware and software for financial markets as well as other verticals, where keeping latency to a minimum and having a high degree of determinism are vitally important. Metamako’s solutions have built-in intelligence and are rich in features, using state-of-art technology.

For more information visit www.metamako.com

For media information, please contact:

Vanessa Green/Fiona Butler

Wigwam PR

Tel: +44 (0)1483 563 562 / +44 (0)771 333 2303