Fortis Americas Takes Spryware Co-Lo

Over the past four months, Fortis has migrated two screen-based trading systems and three intraday risk management systems used by a total of around 40 users, says John Riordan, chief information officer at the firm in Chicago.

"We're a clearing firm, not a prop trading firm, so our needs are a bit different," Riordan says. "In the past, our model has been that we have used a consolidated feed and quote distribution software, which required a huge server farm."

Riordan says the firm's previous

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