The Raptor product offers offer two distinct products: Raptor Smart Order Router and Raptor Smart IOI. Both products run on Raptors proprietary FIX engine that was built from ground up to provide:

• data redundancy
  
• quick fail over
  
• high message volume
  
• scalability
  
• flexible configuration
  
• easy to install, use and support
  
  

• view and route orders to the appropriate OMS (manual or rule based)
  
• enter and deliver indications to multiple destinations
  
• incorporate unique blocking
  
• receive FIX allocations
  
• provide custom reports
  
  

• FAST
  With a new code architecture Raptor achieves unparalleled message throughput.
  
• FLEXIBLE GUI
  Users are presented with a flexible and intuitive interface to enter indications and manage order flow.
  
• EASY TO INTEGRATE WITH YOUR ENVIRONMENT
  Raptor will easily integrate with your existing architecture
  
• REDUNDANT
  Raptors seamless redundancy solution ensures quick fail-over of data, internal and external client connectivity.
  
• TOOLS
  Raptor comes with advanced support tools for both users and support groups.
  
• SCALABLE
  Raptor is a scaleable product ensuring it can grow with your business.
  
• CONNECTIVITY
  Connects to all buy-side vendor / clients.
  
• COST EFFECTIVE
  We do it cheaper and we do it better.
  
• EXPERT HELPDESK
  Raptor provides one stop customer service, staffed by experienced FIX experts combining years of expertise from both vendors and sell side firms.
  
• ALL FIX VERSIONS
  Raptor handles all FIX versions available from 4.0 to 4.4
  
• FULL CERTIFICATION SERVICE
  Raptor is certified and actively trading with 99 % of the buy side firms. Our support team can certify with any new or updates FIX engines on our clients behalf upon request.
  

RAPTOR SMART ORDER ROUTER

Raptor Servers are installed within clients' data centers. Traditionally a pair of high availability servers are setup and configured on the client network, with the desktop application installed on the traders workstation. Both rule-based order routing and manual order routing is viewed via this interface. All buy-side clients and networks are connected via FIX to the Raptor server. The Raptor support team or an onsite administrator can remotely configure your client connectivity. The server will establish connectivity to your OMS systems based on your business model. Typical destinations include:

• Program desk OMS
  
• OTC OMS
  
• listed OMS
  
• DMA system
  
• Algorithmic trading desk
  
• Crossing engine
  
• Any other combination of the above
  

The administrator or advanced user can setup dynamic routing rules based on your business model. Raptor can accommodate almost any complex routing rule including algorithmic tags. At any time the trader can see what the order status is, and what's going back to the client. For details on the automated delivery or manual entry of indications please read below.

FEATURES

One Connection per client
Raptor can handle indications of interest, advertised trades, and all order types through one session on one system. This results in cost savings and satisfies your clients' demand for a single connection managing all business flow.
Solves Issues
Raptor can solve all those inefficiencies that exist with multiple FIX servers, managing multiple connections, and accommodate your buy-side client expectations.

• File orders import from the GUI
  
• Fake program list
  
• Real program list
  
• Data enrichment (added proprietary tags on a customer by customer basis)
  
• Execution Report Aggregations
  

Order routing rules
Raptor provides advanced order routing rules that can accommodate your clients' needs. Rules can be set on a variety of criteria to accommodate your business flows.

Security master
This feature can perform a translation between different symbologies and normalize external systems with your client needs.


Proprietary tags for algorithms or prop OMS systems


FIX normalization
Raptor can normalize FIX behaviour to overcome your client's differing FIX interpretations.


Advanced user interface
Dealers rely on the Raptor user interface to monitor and work order flow. In addition you can enter indications of interest to multiple vendors and clients with intelligent blocking.