The solution will be backed by Aegisoft's proven technology and Capgemini Financial Services Global Business Unit's internationally recognized services.

The Financial Information eXchange ("FIX") Protocol is the industry-driven messaging standard that is changing the face of the global financial services sector, as firms adopt the protocol to transact in an electronic, transparent, cost-effective and timely manner. The ever-increasing trading volumes and market data messaging rates heighten the importance for trading entities to use a FIX-based solution. This increases the importance of ready-to-use software, packaged with services offered by a company with worldwide reach, and whose staff has substantial, relevant experience and domain knowledge. The solution aims at providing accelerated time to market, reducing the cost of quality control, and is expected to provide competitive advantages for the customer.

Capgemini's professional services for FIX engine validation will be backed by Aegisoft's technology so customers will have scalable and robust FIX engines supporting their global trading needs. The solution is expected to have the potential to transform the FIX implementation by reducing the time to market and cost involved.

"Aegisoft is the established leader providing software used to validate FIX-based trading systems. Their suite of FIX validation products are considered the industry standard for automated, regression, interactive and performance validation of trading systems," said Charlie Li, senior vice president in the Global Testing Practice at Capgemini's Financial Services Business Unit. "FIX Engines are the backbone of trading applications, and we are pleased to have found a proven teaming partner to bring validation solutions for FIX to the market."

"We are excited to join forces with Capgemini," said Stan Adelman, president of Aegisoft. "As the FIX Protocol continues to grow in its importance and spreads across tthe global marketplace, the day-to-day significance of a robust and reliable FIX-based trading platform is extremely strategic. Alignment between business and IT teams is at a critical junction, and Capgemini has a long history of helping customers address this challenge, and improve their application quality while reducing development costs. Our solution offers a package of the industry's leading FIX validation tools together with best-of-breed professional services to give customers the ultimate end-to-end FIX engine validation solution."