Luxoft Introduces a New Low-Latency FIX/FAST Adapter to the Financial Market

Moscow, New York, February 8, 2011 – Luxoft, a leading global provider of advanced application and product development services, today introduced an adapter that enables direct, high-speed, low-latency connectivity to exchanges that support FIX and FIX/FAST protocols. The company will also provide integration and support services around its newly developed solution.

Today, financial institutions are in need of the direct and fast connectivity of their order management (OMS) and market data (MDS) systems to the exchange and market data feeds. Understanding this need, Luxoft developed a reliable, lightweight adapter that allows users to connect trading systems (OMS, MDS, etc.) to exchanges—RTS in particular—using FIX and FIX/FAST protocols.

Luxoft’s new adapter is developed in C++ and is optimized for Windows and Unix-based platforms. That, combined with the adapter’s concise architecture, results in the solution’s high performance and flexibility needed in the financial services market.

Luxoft’s FIX/FAST adapter is certified by the “Russian Trading System” Stock Exchange. The company also plans to market the new adapter to local and foreign stock exchanges.

“There is increased pressure on financial services organizations to provide specialized services and products to help them maintain their competitive advantage,” said Yuri Elkin, managing director of financial services, Luxoft. “Luxoft has a wealth of experience in software development for financial services companies, which gives us the ability to create products that result in high performance, innovation and increased customer satisfaction.”


About Luxoft
Luxoft, a member of the IBS Group, is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients—such as Boeing, IBM, Harman, Avaya, Areva, Sabre and other global leaders—based on the culture of engineering excellence, innovation, and a deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models.