[June 21, 2005] IBSN Collaborates with IMTRADER to Launch a Multiple Destination Algorithmic Trading Solution; See the Future of Trading at SIA Technology Booth #'s 4110 and 1818 Tweet DENVER --(Business Wire)-- June 21, 2005 -- Financial services integration specialist IBSN, Inc., announced today that it will demonstrate at the SIA Technology Management Exhibition at the New York Hilton on June 21-23 its rapid deployment of seamless electronic order routing from IMTRADER(TM) to any number of liquidity destinations, while using algorithms to filter and direct trade orders. Using its advanced technology and network infrastructure, IBSN in less than one week integrated IMTRADER with several execution venues and will demonstrate this accomplishment at both IBSN's and IMTRADER's booths (#4110 and #1818) at the SIA Technology Management show. IBSN is an extremely rapid time-to-market integrator for nearly 50 financial services firms that are volume-driven and must accommodate multiple electronic connections to clients, counter-parties, and exchanges. IBSN will demonstrate at the SIA Technology Exhibition how electronic order routing and integration across multiple platforms with multiple protocols can be achieved in a matter of days instead of months. "The future of trading is in the value of reach, speed, and price discovery," said IBSN president Colin Clark. "Our smart order routing technology and extensive infrastructure puts this value in the hands of our trading clients. We are thrilled to work with Pivot Solutions to demonstrate this." Visitors to the IBSN and Pivot Solutions booths will be able to see how a trader sending orders -- over desktops or handheld devices -- can instantly uncover the best opportunities, execute orders at any number of destinations, and quickly receive execution confirmations. The system can be integrated with any order management system. "Collaborating with IBSN rapid deployment technology allowed us to quickly and seamlessly integrate sophisticated, value-added technology that meets the demands of our clients," said David Levine, vice president of engineering at Pivot Solutions. "We were impressed with the speed and precision with which IBSN has in integrated with IMTRADER. The ability to identify, qualify, and direct trading to different destinations at this speed is to be at the vanguard of trading." About IBSN, Inc. IBSN provides integration and order-routing solutions designed to help transaction driven financial services companies substantially decrease the time and costs associated with electronic trading. Internal integration, counter-party connectivity and seamless order routing are among IBSN's services. IBSN enables companies to connect electronically with trading partners to facilitate electronic trading, and to integrate back, middle, and front office systems, deploying complete integration, risk management and smart order routing systems with extraordinarily quick delivery. IBSN's offerings include Dominet, a full-service order routing network that provides connectivity, protocol translation, workflow management, and monitoring for any number of connections and any kind of transaction. Visit www.ibsncentral.com. About IMTRADER IMTRADER, developed by Pivot Solutions, Inc., is an instant messaging, electronic trading and research distribution network for the professional trading community. IMTRADER has a licensed connectivity agreement with AOL(R) Instant Messenger(TM) (AIM(R)) service, which allows IMTRADER to provide highly customized communications and trading over the AOL network. A spin off of Eze Castle Integration, IMTRADER clients have traded over 2 billion shares to date. [ Back To TMCnet.com's Homepage ]