IT Failures Blamed in Atriax Collapse
TRANSACTION SYSTEMS
LONDON and NEW YORK--FX portal Atriax’s technology is to blame for its demise, say sources, who point to delays, deployment problems and an unstable platform. However, Integral Development CEO Harpal Sandhu, whose company supplied the core matching engine, blames business issues for Atriax’s failure.
The consensus among observers in the foreign exchange trading market is that the combination of the six-month delay of Atriax’s API and the "poor user experience" with the ultimate technology
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