Rapid Addition and Adaptive Partner to Deliver Best-in-class FIX Capabilities to Capital Markets Firms

• Partnership with Rapid Addition enables Adaptive to integrate comprehensive FIX capabilities within its custom trading technology platforms
• Aeron®-based Rapid Addition platform allows for seamless integration

London, February 4, 2025 – Adaptive, the experts in custom trading technology solutions, today announces a partnership with Rapid Addition, a leader in financial messaging protocols.

Rapid Addition’s scalable FIX platform is capable of handling thousands of connections and offers support for all versions of the FIX protocol as well as custom rules of engagement. The partnership will enable Adaptive to deliver best-in-class FIX solutions to clients seeking comprehensive counterparty connectivity and order management workflow within their custom trading technology platforms.

By leveraging Rapid Addition’s FIX platform, Adaptive can build bespoke front-office trading systems with complex, global, high-volume connectivity requirements beyond the capabilities of standard FIX engines, creating more comprehensive, agile and robust solutions for capital markets clients.

Clients are increasingly seeking to assemble ‘best-of-breed’ solutions to gain competitive edge and improve their responsiveness to regulatory change and margin pressures. By working with open technology and agile vendors that align with in-house capabilities, firms can implement more flexible and cost-effective alternatives to legacy solutions. This collaboration will enhance Adaptive’s ability to deliver highly configurable and scalable front-office systems that enable firms to simplify counterparty FIX onboarding and order routing workflow.

The partnership is made possible as Rapid Addition’s platform is underpinned by Aeron, the open-source messaging and clustering technology developed by Adaptive, allowing seamless integration between both companies’ platforms.

Mike Powell, CEO, Rapid Addition, said: “FIX has been fundamental to enabling the growth of electronic trading, however, counterparty connectivity still creates challenges for many organisations. This partnership means we can help Adaptive’s customers simplify client onboarding and seamlessly integrate order flow when building custom front office trading systems. Leveraging Aeron has helped us to deploy large-scale, highly resilient connectivity solutions to many leading financial organisations, and with this closer collaboration we aim to deliver even more value to our mutual customers.”

Matt Barrett, CEO and co-founder, Adaptive, said: “As firms increasingly look to differentiate through technology, ensuring best-in-class connectivity and order management is essential. Partnering with Rapid Addition was therefore a no-brainer – by combining our platforms we are enabling our clients to access new sources of liquidity and market data via enterprise-grade FIX capabilities. Our clients can rest assured that they not only have best-in-breed proprietary technology, but also the FIX connectivity needed to streamline counterparty onboarding, adapt to specific client rules, simplify workflows and, ultimately, scale.”

Paul Weiss, CTO, Adaptive, said: “Aeron technology is specifically designed to help even the most complex of capital markets firms build fault-tolerant, high-performance trading technology successfully. As Rapid Addition’s platform is built on Aeron technology, we share the same technological building blocks – there are therefore huge synergies between our businesses. Our Aeron expertise and Rapid Addition’s FIX expertise gives clients a greater depth of knowledge and new capabilities that will make a meaningful difference to their businesses.”

This partnership underscores both companies’ commitment to delivering enterprise-grade FIX solutions that meet the evolving demands of the electronic trading landscape.

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About Adaptive

Adaptive are the leading experts in custom trading technology solutions, crafting bespoke front-office platforms across asset classes for financial services firms wanting to own their technology to differentiate and drive ongoing innovation. Through a unique combination of deep capital markets expertise and world-leading technology, Adaptive creates competitive advantage for businesses now, and for the future.

Amongst Adaptive’s technologies, Aeron®, is the global standard for high-throughput, low-latency, resilient trading systems, on-premise and in the cloud. With offices in London, New York, Barcelona, Montréal, and Manila, Adaptive ensures seamless global reach and support.
www.aeron.io / www.weareadaptive.com

About Rapid Addition

Rapid Addition is a pioneer in the development of advanced electronic trading technology and a recognised leader in financial messaging protocols and high-performance middleware. Our asset class- and message protocol-agnostic platform enables organisations to build unique trading capabilities to meet their specific requirements.

Architected to accelerate the deployment of customer IP and custom business logic, the Rapid Addition Platform empowers firms to implement a broad spectrum of optimized electronic trading workflows through our low-code development framework.