GreySpark believes that vendor-provided managed FIX connectivity components – spanning order routing networks, client connectivity services and FIX engines software – are now evolving into robust, platform-centric connectivity ecosystems inside of which a wealth of buyside client and counterparty behavioral and historical and real-time trade / transactional data typically lies untapped.
However, in order for brokers to clearly understand how best to rationalize the total cost of ownership associated with those components, they must first be able to clearly differentiate between those providers capable of presenting attractive alternatives to the rigors of the buy vs. build decision-making process via consolidated, platform-centric offerings and those that cannot.
To support this thinking, this report examines the order routing networks, client connectivity services and FIX engines vendor competitive landscape across 18 offerings competing for user market share in 2019.
