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Friday, 4 April 2008

Greenline Financial Technologies in ICE Deal

Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, announced today that IntercontinentalExchange (ICE) has selected and implemented Greenline's flagship VeriFIX and CertiFIX product suite for testing and certification of exchange FIX protocol connections. VeriFIX and CertiFIX are comprehensive FIX testing and certification systems that, when used together, provide seamless FIX protocol scenario testing, simulation and automated customer certification.

ICE, the leading marketplace for futures and OTC energy contracts, deployed VeriFIX and CertiFIX in an effort to streamline their FIX protocol certification process for customer on-boarding as well as to optimize and automate their internal FIX testing procedures.

Edwin Marcial, chief information officer of ICE, commented, "Rapid volume growth and the migration of new markets onto our trading platform necessitates making customer certification and FIX testing as seamless and efficient as possible. Greenline's product suite allows us to automate many FIX protocol testing and certification processes that were once manual and time consuming for both our customers and ourselves. The interoperability between VeriFIX and CertiFIX allows us to share test scripts across the two products. Internal test scripts become customer certification scripts in no time, resulting in better service and support to our customers."

Josh Tolman, president of Greenline, added, "Many premier organizations in the capital markets industry understand clearly the value that VeriFIX and CertiFIX provides through increasing customer on-boarding throughput while reducing testing and certification overhead. The addition of IntercontinentalExchange, arguably one of the fastest growing exchanges in the world, to this growing list of VeriFIX and CertiFIX users further speaks to the products' value and utility."

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