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Velocimetrics’ VMX EndToEnd Shortlisted For Two Categories By The FTF Awards

Date 10/03/2020

Leading FinTech firm Velocimetrics has begun 2020 on a high, having been shortlisted for two awards by this year’s FTF News Technology Innovation Awards. Velocimetrics, and specifically its VMX EndToEnd (VMX) platform, was shortlisted in both the ‘Best Cutting-Edge Ops Solution’ and ‘Software Solution of the Year’ categories.

The FTF News Technology Innovation Awards, which are presented by the Financial Technologies Forum and FTF News, recognise the technology vendors and service providers which have made pioneering advancements and significant strides within operational excellence in the past year. Winners will be decided by voting and will be announced at the awards gala on 25th June 2020. 

This recent announcement comes off the back of a successful end to 2019, with Velocimetrics releasing version 9.2 of its VMX platform in November, with additional powerful monitoring and analytics tools. In December VMX was also shortlisted at the Trading Tech Awards for ‘Best Time-stamping/Latency Measurement System’ and ‘Best Trading Infrastructure Monitoring Platform’.

Steve Colwill, CEO of Velocimetrics, said: “Being shortlisted for two awards by the FTF News Technology Innovation Awards is great news and recognises that Velocimetrics and its VMX platform is leading on innovation.” He added: “At Velocimetrics we are constantly growing and developing our products to best fit the needs of our clients and the industry and it is great that we are getting recognised at prestigious awards such as FTF.”

Velocimetrics’ VMX EndToEnd platform is a powerful real-time data collection and analysis tool, which puts an end to siloed data. Its unique tracking solutions offer a powerful mechanism for collecting and pre-processing ever-increasing volumes of financial data, with zero impact on underlying systems. Launched towards the end of 2019, VMX 9.2 has new, unique features, making it the only service to aggregate and connect data from all levels (from network-level through to high-level business information) across the enterprise to give a single, connected view of an organisation’s business flow in real-time.