Membership Further Extends Company's Collaborative Effort to Improve
Financial Services Technology
NEW YORK, Aug. 12 /PRNewswire/ -- Tervela, the leading provider of
high- performance, low-latency messaging systems, today announced its
membership in the Financial Information Forum (FIF), an organization
dedicated to addressing the implementation issues that impact the financial
technology industry across the order lifecycle.
"We are pleased to welcome Tervela to FIF and look forward to working
with them as part of our association," said Manisha Kimmel, Executive
Director for FIF. "With over sixty contributing members, FIF seeks to
analyze and improve the securities market in order to maximize efficiency
and performance. Tervela is a great addition to our growing community."
As a member of FIF, Tervela emphasizes the critical importance of
messaging to the entire financial services ecosystem. Using an ultra-low
latency message network to ensure continuous, predictable and
high-performance operations, Tervela's products meet the increasing demands
of technology vendors, end users and liquidity venues across the trade
order lifecycle.
"Joining FIF strategically aligns with Tervela's mission to lead the
financial services industry to the next-generation trading infrastructure,"
said Barry Thompson, CTO of Tervela. "Being part of a dedicated financial
organization presents a unique opportunity for us to collaborate with like-
minded companies on industry best practices. Together, our mind share will
yield transformative results for the securities sector of financial
technology."
Founded in 1996, FIF addresses the issues that impact financial
technology operations and development in light of rapid changes occurring
in the marketplace. Through committees and active working groups, FIF
provides a collaborative environment for broker dealer, vendor and exchange
members to benefit from technology, regulatory and market innovations.
About Tervela
Founded in 2004, Tervela delivers the next-generation communications
infrastructure -- the message network -- designed and engineered to exceed
the information dissemination and processing requirements of the world's
most demanding financial services institutions. Addressing the challenges
of market volume, volatility and visibility, Tervela invented the message
switch to enable investment banks, hedge funds, exchanges and other
data-intensive organizations to deliver consistent, outstanding and
predictable performance - even in the most demanding market conditions. The
company is funded by Goldman Sachs, Sigma Partners, Acartha Group and North
Hill Ventures. For more information, please visit http://www.tervela.com.
Media Contacts:
Steph Johnson
Page One PR for Tervela
+1 (212) 410-2254
steph@pageonepr.com
Kyle Peterson
Page One PR for Tervela
+1 (415) 321-2349
kyle@pageonepr.com
SOURCE Tervela
 back to top
Related links:
http://www.tervela.com/
CONTACT:
Media, Steph Johnson, +1-212-410-2254,
steph@pageonepr.com, or Kyle Peterson, +1-415-321-2349,
kyle@pageonepr.com, both of Page One PR for Tervela
|
