Bondecosystem and TransFICC partner for bond market connectivity

Dan Barnes

Outsourced connectivity specialist Bondecosystem has partnered with financial technology provider TransFICC, to deliver a low-latency execution and connectivity service to electronic fixed income venues.

The collaboration between Bondecosystem and TransFICC provides bond traders with Bondecosystem’s connectivity and hosting solutions and TransFICC’s ‘One API for eTrading’ software which supports fast and scalable data throughput. Bondecosystem – part of FXecosystem – has a point of presence in the London (LD4), New York (NY4), Hong Kong (HK1) and Singapore (SG1) Equinix datacentres. Through its Meet-Me-Room (MMR) model Bondecosystem provides a single point of entry to connect to bond market participants globally.

In addition to ultra-low latency network connectivity, Bondecosystem offers co-location/proximity hosting and fully managed services, with 24×7 service and support.

TransFICC claims its ‘One API for eTrading’ can reduce connectivity time from months to days by reducing the need for in-house resources to be spent on coding to venues and updating them when application programming interfaces (APIs) are upgraded.