Access to Spanish and Italian Government Bond Auctions moves to serverless web-delivered model, dramatically reducing Infrastructure and Support Costs as well as simplifying new member on-boarding.
London, September 14, 2022 – SoftSolutions, the high performance multi-market Fixed Income trading technology provider, today announced that they have released the latest version of their market leading auctions platform, XTAuctions. This version, dubbed XTAuctions “V8”, joins SoftSolutions’ suite of Trading as a Service propositions delivered from AWS and offered as a fully managed and supported service from the cloud.
As well as fully managed infrastructure, traders on XTAuctions “V8” will now be able to participate in the Italian and Spanish Government Bond Auctions through an optimized HTML5 interface which can be run through a standard web-browser rather than any installed software making the whole maintenance and support process significantly easier and cheaper.
With valuable feedback from SoftSolutions’ existing client base, a considerable amount of time has also been invested in optimizing the user experience to make the product more intuitive and optimizing the auction workflow.
Roberto Cocchi, CEO of SoftSolutions said: “I’m excited to announce our latest version of XTAuctions which again demonstrates our commitment to giving access to Fixed Income markets through high value, lower cost platforms now available from our ever-expanding Trading-as-a-Service initiative.
XTAuctions V8 is a testament to SoftSolutions unwavering support to the Primary Dealer community; we continue to dedicate resources and talent to improve the European Government bond markets, as well as the integration to various trading platforms. SoftSolutions electronic Trading-as-a-Service platforms are the new alternative for the Fixed Income market, born from the team’s experience of building proven and powerful end-to-end e-trading technology.”
For more than 25 years SoftSolutions! has been delivering powerful, robust, and scalable fixed income trading technology to the world’s largest and most forward-thinking trading institutions.
Our platforms integrate the most critical trading tools, enable full data alignment and end-to-end trading automation, and deliver vital business insights and intelligence. Clients are able to boost operational efficiency, improve execution quality, enhance performance productivity and empower well-informed trading decisions, all the while remaining fully compliant with the latest market regulations.
Our vision is to drive rapid innovation through the industrialisation of the market, based on three core principles: visibility, automation and measurement. What makes us different is our strong commitment to client and partner collaboration, and the open nature of our technology platform architecture and API offering.
For more information, please visit our website www.softsolutions.it
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