FIXCITY, SIMCORP Join To Offer Integrated IOI Trading Platform

FIXCITY and SIMCORP announced Tuesday that the two firms will partner to offer an integrated IOI trading solution. The solution, to be known as IOInet, will combine FIXCITY's IOInet solution and the SimCorp Dimension asset management system. The integrated solution

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FIXCITY and SIMCORP announced Tuesday that the two firms will partner to offer an integrated IOI trading solution.

The solution, to be known as IOInet, will combine FIXCITY’s IOInet solution and the SimCorp Dimension asset management system.

The integrated solution will provide SimCorp’s buy-side clients with access to liquidity in securities, directly from their order blotters, which the two companies say will significantly speed up the trading process.

The launch of IOInet is expected to go through during the third quarter of 2006.

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