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Greenline Releases MagniFIX(R) Version 3.6; Introduces Advanced Network Agent and Third-Party FIX Engine Integration
Aug 11, 2008 (10:08 AM EDT)

CHICAGO, Aug. 11 /PRNewswire/ -- Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, announced today the release of MagniFIX Version 3.6, the latest update to its industry-leading order, trade, and market data message tracking and monitoring suite.

In addition to the numerous usability and performance enhancements, the new MagniFIX Advanced Network Agent maximizes the suite's functionality while minimizing hardware demand. Version 3.6 also extends MagniFIX's core functionality by providing direct integration with third-party commercial FIX engines, giving users control and a consolidated view of their entire FIX infrastructure.

"Increased trading volumes and market data along with decreased customer tolerance for errors creates an industry-wide need for robust and scalable monitoring tools," said Josh Tolman, president of Greenline. "The ability to identify system issues real-time and resolve them before they become a problem translates into greater efficiencies and the ability to handle more customer business. This is precisely where MagniFIX excels."

Key release highlights:

-- The Advanced Network Agent passively filters and records message traffic as it traverses through the network without impact on production systems performance. The agent also allows users to disable message logging at the FIX server level, thereby reducing CPU utilization and increasing overall performance and the number of FIX sessions. Providing users a robust and efficient view into their FIX message traffic, the Advanced Network Agent can work with any commercial or proprietary FIX engine.

-- Issues identified via MagniFIX's extensive monitoring functionality may now be resolved through direct administration of third-party FIX engines. In addition, the interface now provides MagniFIX monitoring capabilities into the FIX engine itself. Users can view sessions at the FIX engine level, perform actions on those sessions and monitor their entire FIX environment from a single console.

-- MagniFIX now supports event alert notification through Simple Network Management Protocol (SNMP), allowing MagniFIX to communicate directly to Network Management Systems. In addition to supporting multiple versions of SNMP, MagniFIX has a new alert response engine that allows it to react to alert notifications by running command-line scripts to automatically address them.

Since its inception in 2003, MagniFIX has enjoyed ubiquitous industry implementation from firms, ATSs and ECNs as a highly customizable FIX traffic monitoring, troubleshooting and alerting tool. MagniFIX enables FIX Protocol savvy and non-FIX experts alike to easily view operational and business-level trade data in a preferred format. As a result, organizations can reduce response times for FIX messaging issues while benefiting from quick retrieval of information for reports and customer service requests. MagniFIX also provides advanced alert management capabilities, allowing firms to proactively address connectivity and message problems before they occur, or to allow account managers to be notified based on trading patterns of their customers.

About Greenline Financial Technologies

Greenline Financial Technologies, Inc. ( ) specializes in providing technology innovation to the US and international financial services industry. Greenline emerged with the advent of the global electronic marketplace and has since distinguished itself as an industry leader in custom enterprise development for the world's premier financial institutions. Greenline brings a wealth of industry knowledge to every project and delivers technological performance with dedication, expertise, and savvy. Greenline's flagship product, VeriFIX(R), is recognized throughout the financial services industry as the most robust and feature-rich FIX testing and simulation tool available on the market. Greenline complements VeriFIX with tools to assist companies throughout the certification and client support phases of their FIX initiatives. Greenline Financial Technologies is a Member of FIX Protocol Limited -- North Americas, and a wholly-owned subsidiary of MarketAxess Technologies, Inc.

CONTACT: Tim Wilcox, Greenline Financial Technologies, Inc.,,

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