STP Links, Modeling Tools in Summit Upgrade
VENDOR UPDATE
NEW YORK--Summit Systems' latest update of its transaction platform for fixed income, treasury and derivatives features an STP Message Hub, SwapsWire and RTTM links, and new trading and pricing models.
The hub, as part of the just-released Summit version 3.5 upgrade, handles incoming and outgoing messages from Summit, external counterparties and matching facilities, says Allen Whipple, managing director for the vendor. The hub also comes with a built-in adapter to IBM's WebSphere MQ middleware
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