Johnson Investment Counsel, an independent wealth management firm, has signed a deal with Rapid Addition, a provider of trading technology solutions to buy and sell-side financial institutions, Finextra reports. Johnson Investment will use Rapid Addition’s RA-Cub FIX engine to automate the flow of trades between an internal system and ITG’s Triton EMS.
The messaging engine for the FIX protocol is a flexible service available to exchanges and MTFs, sell-side, buy-side and transaction hubs as well as independent software vendors. Johnson Investment, which was rolled out at the end of June 2011, enables STP access to multiple brokers.
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