RJ O’Brien consolidates internal systems using Itiviti’s Managed FIX Service
RJ O’Brien & Associates (RJO), an independent futures brokerage and clearing firm in the United States, has successfully implemented Itiviti’s Managed FIX Service.
As an existing client of Itiviti in London, RJ O’Brien looked to consolidate separate regional hubs and required an efficient, functional and scalable “welcome” layer for its growing global business and a standardised solution enabling fast and unified onboarding of clients that would provide connectivity to a wide variety of downstream systems.
Itiviti’s Managed FIX service – based on the industry standard FIX protocol – provides RJO with a centralised hub for global client connectivity, allowing central monitoring and administration which can be accessed globally. It helps the firm to seamlessly handle multi-asset flows from sophisticated global clients and enables out-of-the-box connectivity to many outbound destinations.
“We are very pleased to be able to assist RJ O’Brien with quicker and more efficient onboarding of clients,” says Lee Griggs, Itiviti President EMEA. “Using Itiviti’s Managed FIX Service with its highly configurable connectivity platform means RJO can provide a better client experience. We are very proud to assist the firm in consolidating its global client connectivity offering, and we very much look forward to continuing to expand our partnership.”
Thomas Texier, Managing Director for London and Enterprise IT for RJ O’Brien, says: “We’re delighted to build on our relationship with Itiviti with this Managed FIX Service that will give us and our clients a single, robust, off-the-shelf point of connectivity for RJO trade execution. Clients will have the ability to enter orders through direct electronic access, utilise advanced execution algorithms or submit ‘care’ flow.”
Itiviti's Managed FIX Service can be tailored to fit the demanding needs of customers, allowing brokers and asset managers to offload non-core but critical aspects of their connectivity technology to trusted experts. Itiviti’s services include an award-winning order routing network, a world class FIX engine, as well as client certification, onboarding and testing tools.