RA ShortCut FIX Adapter
RA ShortCut™ is a set of adapters that plug into Microsoft’s BizTalk middleware platform to enable support for FIX, allowing simple transformation and normalisation between multiple protocols such as EMX, SWIFT, FTP, XML, SOAP and many others.
RA-ShortCut™ and Microsoft BizTalk offer an unprecedented opportunity to financial institutions of all types and sizes to reduce risk, manage costs of automation, and achieve true Straight Through Processing (STP). The complexities of cross-border, multi-counterparty transactional products and the processing environment, very often composed of numerous legacy systems, can make the costs of achieving process automation prohibitive. The flexibility offered by RA-ShortCut enable it to be used anywhere in the business process. RA-ShortCut makes light work of connecting counterparties using different protocols.
Rapid Addition is a certified BizTalk Partner solution provider. More information can be found here.
Thomson Reuters commisioned Rapid Addition to create a solution for reporting short-position trades to the ASIC. Rapid Addition implemented RA-Shortcut - the Rapid Addition adaptor for Microsoft BizTalk. The full case study can be viewed here. And a whitepaper dicussing FIX for BizTalk is available in our whitepapers section.