21st March 2016 – London- MDX is very pleased to announce that Portfinance, a total return hedge fund,has gone live with the MDX data distribution solution for high performance real-time data collaboration amongst its trading group.
Marco Tartaglini, Director, Portfinance said, “We were very impressed by the ease of implementation and integration of the MDX solution within our trading environment.Also the rich features of the real-time subscription, publication and sharing functions of the Excel add-in were very important to us in selecting MDX to replace an incumbent third-party technology. In the end, stability and performance especially during times of high market volatility were absolutely key.”
Paul Watmough, CEO & Co-Founder, MDX commented, “This is yet another great example of how our lightweight, rapidly deployable, high performance data distribution solutions can positively impact trading groups enabling them to react more quickly to volatile and fast changing market conditions. Legacy systems augmentation or replacement is currently high on everyone’s agenda and this too was an important component in Portfinance‘s decision to choose MDX. We are delighted to be working with Portfinance”.
Watmough concluded, “Our relationship with Softsolutions!, our Italian partner, who made the initial introduction to Portfinance, is going from strength to strength and this new deal is a further demonstration of the power of the MDX global partner network. We are looking forward to collaborating with them on a number of new projects in the future.”
About MDX Technology Ltd
MDX delivers a highly sophisticated bi-directional, data distribution and collaboration solution. It is designed to enhance the trading operations of all financial services, commodities and energy firms, globally. Our proven solutions, developed by the industry’s leading experts in this field, are already in use within some of the world’s premier trading institutions. They are recognized as being one of the most robust and reliable data distribution systems on the market today. MDX Technology is privately owned and headquartered in London, with sales and customer support representation in all the major financial centres, either directly or via our trusted international partner network.
About Portfinance SICAV plc
Portfinance is a Maltese total return hedge fund mainly active on bond arbitrage along the yield curve.