PSplus GmbH expands its service
PSplus GmbH expands its service offering by using FIXhub.net to connect custodians
Freiburg, March 2021 – FIXhub GmbH, a leading provider of FIX protocol connectivity and multi-protocol messaging technology, has signed a new partnership agreement with PSplus Portfolio Software + Consulting GmbH, a market leader in software solutions for family offices, banks, asset managers and foundations based in Rödermark, southeast of Frankfurt am Main.
The software provider PSplus Portfolio Software + Consulting GmbH now offers its customers a single channel for order transmission to various custodians via FIXhub.net. PSplus customers benefit from straight through processes and cost advantages with the efficient transmission of their electronic orders.
FIXhub.net is one of Europe's leading order routing networks and provides access to over 80 affiliated international brokers and platforms. Via the new interface to FIXhub.net, customers act directly from their PSplus front end in a modern web interface. Single and block orders can be automatically generated and electronically transmitted to the respective custodian. Immediate information on the acceptance of the order creates security during the order transfer. Depending on the connected bank, feedback is provided on the respective valid order status. Of course, all the usual safety standards are observed.
"Especially the reduced effort for order entry and transmission including the aggregation to block orders make the interface attractive," says Peter Dobler, Managing Director of PSplus Portfolio Software + Consulting GmbH. "Also, the advantage that the orders are faster on the market should not be underestimated."
The first depository is already productive, and others are already being implemented.
"A continuous expansion of the connections is planned and we are already looking forward to further cooperation with PSplus. The cooperation with PSplus gives us access to the important target group of asset managers and private client asset managers, which of course enormously increases the attractiveness of our network, not least for the connected sell side members" comments Carsten Osswald, Managing Director FIXhub GmbH on the cooperation.
For further information, please contact:
Carsten Osswald, Managing Director FIXhub GmbH, email: firstname.lastname@example.org
Dr. Peter Dobler, Managing Director PSplus Portfolio Software + Consulting GmbH, email: email@example.com
About PSplus Portfolio Software + Consulting GmbH
For more information, please visit: www.psplus.de