London-based Anvil Software is to connect Arts, its front office repo and securities trading system, to a repo hybrid trading solution from GFI Group. This will provide users with straight-through processing (STP) for both electronic and voice trades.
Under the alliance, the Arts order management module will be connected via an adaptor to the repo trading system from inter-dealer broker GFI.
Malcolm Clark, director and strategist, Anvil Software, says the connection will provide users with the best prices, a broad market overview and remove the need for duplicate trade entry.