The Nigerian Stock Exchange yesterday suspended trading, not too long after trading started for the day/week. Although this outage was not prolonged, the Exchange actively informed all stakeholders of the development and swiftly worked on resolving the issue that caused the outage as quickly as possible.

Incidences like this provide brokers a golden opportunity to evaluate their FIX trading platform software (both back and front office) to truly determine their readiness for an automated trading process with potential questions and concerns about unintended consequences and having recovery systems in the case of a true disaster.

InfoWARE FIX implementation is designed to be highly fault tolerant with in-built auto-recovery capability. Therefore in a case like this where the Exchange Trading Engine went offline, our system auto-reconnected and auto-resynchronized all trades placed prior to the outage without any user or InfoWARE personnel intervention immediately the Exchange come back online. Hence there was no risk of losing any trades that were already placed in the market. This auto recovery capability applies both to InfoWARE back office systems as well as our mobile and browser based systems.

InfoWARE systems are trusted because they work, and – just as important – they work together. We understand what it means to automate your processes and our solutions span across every possible aspect of the trading and investment process. Quicker, easier and automated, InfoWARE solutions manage the entire investment life cycle end to end, and can be implemented to suit you, whatever the size of your operation.

At InfoWARE we continue to deliver a world class, highly efficient, resilient and secure trading platform that is the standardfor the rest of Africa to follow.