The combined application provides an e-commerce platform across multiple asset classes
Web trading technology Caplin Systems has partnered with Apama Complex Event Processing (CEP) platform provider Progress Software to integrate Progress Apama Capital Markets platform with Caplin's single-dealer platform framework.
The combined application provides an e-commerce platform across multiple asset classes which will be accessible from several mobile platforms.
Partnership enables delivery of Caplin Trader, an HTML5 front end that runs on the Caplin Platform, for end-user client access to capabilities provided by the Progress Apama Capital platform.
Progress Apama Capital platform include algorithmic trading and smart order routing across multiple, aggregated FX spot and derivatives markets, real-time price generation for RFQ and streaming, auto-hedging of risk positions and order internalisation strategies.
Caplin Systems CEO Paul Caplin said: "This partnership brings together two highly compatible and best in class technologies enabling our clients to provide a next-generation trading service."