Britannic Asset Management Buys Thomson Autex For FIX Connectivity

Thomson Financial has reached an agreement with Britannic Asset Management to provide FIX connectivity via the new global Thomson AutEx network between Britannic's Longview Order Management System (OMS) and executing traders. The AutEx network integrates indications of interest (IOI), advertised

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Thomson Financial has reached an agreement with Britannic Asset Management to provide FIX connectivity via the new global Thomson AutEx network between Britannic’s Longview Order Management System (OMS) and executing traders.

The AutEx network integrates indications of interest (IOI), advertised trades (AT), order routing and allocation messaging using the FIX protocol.

“We chose world-class the best components from Thomson to implement a full straight through process solution that fully suits satisfies our needs requirements,” says Betsy Anderson, Head of Dealing at, Britannic.

“AutEx already was already integrated with our Longview OMS and our broker execution systems. We were impressed with the ‘hub and spoke’ network – i. It was easy to implement and Thomson provides us with a high level of support. We were up and running quickly immediately and able to manage a large proportion of our business electronically very quickly.”

Britannic Asset Management, a Glasgow-based investment company with more than 14 billion under management, is one of the first Scottish asset management firms to commence electronic trading from the dealing desk.

“We are pleased that Britannic chose our solution,” says Tony Booth, Director of Connectivity, Thomson Financial. “Our third generation AutEx platform is proving very successful in fulfilling the market need for a fully FIX compliant hub that links to any compliant OMS. The buy-side is able to choose the most appropriate OMS for its needs, helping to maximize investment and linking global brokers via a single efficient connection that supports all FIX messaging including IOIs, trading, execution and allocation.”

Thomson says its AutEx service handles nearly one million indications daily, enabling more than 300 global brokers to advertise inventory to more than 500 institutions.

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