ENGINE

TROUBLE FREE
CONNECTIVITY
WITH COUNTERPARTIES
 CONTENTS

1. Business Obstacles it overrules 2

2. Product Introduction 3

3. Feature Highlights 4

4. Who can be the gainers 5

5. Business Benefits 6

6. Pre Requisites 6

7. About Sensiple 7

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 1 Business Obstacles it overrules

Trading Complexities:
PhiFIX Engine ensures that all the incoming messages are validated swiftly which eliminates the trading
complexities involved in each FIX transactions. Outgoing messages are created as per user requirements
which makes Counterparties in understanding FIX messages in an easier way and thus provides a
smoother trading workflow.

Protocol Customization:
According to the trading requirements, user can modify the FIX messages such as groups, components
& fields. Clients can also preset their message according to the trading products and validation is done
with the help of data dictionary and dialects.

FIX Upgradation:

As per the operation requirements, if client wanted to opt for any FIX versions upgradations it can be
done without troubling the existing business environment. PhiFIX engine supports all FIX versions and
can be easily integrated which helps clients to stay ahead in technology.

FIX Message Maintenance:

Different trading Infrastructure may lead to create different scenarios of outgoing messages and it is
very difficult to maintain it. Through FIX repository clients can preserve their FIX messages and also
can view previously created FIX messages at any time.

Trading FIX
Complexities Upgradation

Protocol FIX Message

Customization Maintenance

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 2 Product Information

In today’s trading Infrastructure, it is very difficult for Market Participants to get stable connectivity with
their Counterparties. They also face lots of challenges in customizing their trading messages in
accordance to the trading system. In order to overcome these issues and deliver a hassle free
connectivity, Sensiple a world class leader having decades of experience and deep domain knowledge
in Capital Markets has come with its own product PhiFIX Engine.

PhiFIX Engine is a FIX Protocol messaging engine which can be used across Organizations or Market
Players (Buy Side, Sell Side, Venues etc.) to provide effective trading solution. It offers instant message
Validation in the trading workflow instantly and provides High Performance trading environment. PhiFIX
Engine is premeditated to offer high trading distribution in the client’s Environment. PhiFIX provides a
data dictionary in which users can validate FIX Messages and also preserves messages in memory file.

PhiFIX engine supports protocol customization accordance to the trading Infrastructure which helps
clients to tailor the fields, groups and components. PhiFIX engine maintains the network connectivity
which aids users to be connected without any interval during the trading period.

Order
Management Smart Order
System Router

Execution
Management
PHiFIX Exchanges
System Engine

Automated
Trading ECN’s
System

Sensiple PhiFIX Engine acts as a Pliable & Pluggable Product for all Market Participants. This
indicates that the PhiFIX Engine can be easily Integrated into any trading Platform and can
significantly add value in terms of trading volumes and can be an effective Solution.

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 3 Feature Highlights

Easy Deployable Trouble-free

to trading Systems Connectivity

Open to any Manages & Maintains

FIX Protocols FIX Application

Stress-free Solution FIX Repository

Instant Message Handling intricate

Endorsement trading scenarios

Recuperates
High Performance
Session

Easy Deployable to trading Systems:

PhiFIX Engine can be effortlessly deployed with any Existing Java or .NET Applications along with any
trading platforms such as Order Management System, Execution Management System, Risk
Management System, Smart order Router etc.

Open to any FIX Protocols:

Our FIX Engine can support standard FIX protocols with various versions 4.0 - 4.4, 5.0/FIXT1.1.

Stress-free Solution:
PhiFIX Engine provides High Performance implementations and it also offers efficiency by lowering the
Costs and delivering fast exchange of information’s to all trading Infrastructure across different
organization.

Instant Message Endorsement:

It creates outgoing FIX messages and validates incoming in a quick succession based on the data
dictionary and dialect. It also has the capability in auto handling messages as per the Algorithm provided
by the user pertaining to their own trading Platform. Message processing is done via threading.

Recuperates Session:
PhiFIX engine make sure that there is no link failure between the messaging workflow which helps users
to be connected all time. In case of any session failure PhiFIX engine has the ability to recover the lost
messages from the original session in accordance with the FIX state model.

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Trouble-free Connectivity:
PhiFIX engine helps users to get connected with their Counterparty in an ease manner. It simplifies the
network process and ensures a quick and a stable connection which helps users to concentrate more on
their trading activity.

Manages & Maintains FIX Application:

PhiFIX Engine Manages the system connectivity with low latency. With the help of FIX dialects, we can
able to maintain predefine tags and messages in our PhiFIX Engine. We can also maintain default and
session level settings.

Handling intricate trading scenarios:

PhiFIX Engine can be easily customized to any trading infrastructure which helps clients to eradicate the
complexities involved by resulting a smoother message transactions and trading continuity.

FIX Repository:
Maintains a standard data dictionary XML generated from a FIX repository. PhiFIX Engine also supports
Protocol Customization’s (fields, groups, components, enum) and dialect file maintenance. It also
preserves messages in Memory, File and JDBC.

High Performance:
Dynamic message validations enable client’s trading environment to improve performance and stability
by removing bottle necks.

4 Who can be the gainers

Participants who can use

PhiFIX Engine

Buy Side Sell Side Venues Intermediaries

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 5 Business Benefits
Increase in
Revenue
Ease of Handling
High Trade Volumes
Increase in Revenue
PhiFIX Engine provides effective solution with
low costs and also ensures continuous trading
connectivity with our Counter Parties Which
Aids Clients to increase their trading duration.
Thus resulting more revenue and betterment for
organization.
Stable Connectivity
Our FIX Engine maintains and manages the
network connection from any session recovery.
This provides a stable connectivity with our
Counterparties which delivers a smoother
trading environment without any Interruptions.
6 Pre Requisites
Software Requirements
Operating Systems – Windows 7 & Above
Web Browsers – Edge, Chrome, Firefox
Utilities – Java or .NET
Firewall Configuration – Organization Centric
6 www.phifix.com
Stable
Connectivity
Agility in
Trading
Ease of Handling High Trade Volumes
PhiFIX Engine has the ability to validate the
incoming FIX messages and also can create the
outgoing messages. With the help of FIX dialects,
we can customize our own FIX messages which
helps clients to handle high trade volumes.
Agility in Trading
Our FIX Engine eliminates the complex scenarios
involved in the trading infrastructure with the help
of protocol Customization (Field, group,
Components etc.) which in turn delivers Agility in
the client’s trading environment.
Hardware Requirements
Memory – Minimum 16GB RAM
Processor – Intel Xeon Processor
Number of Cores - 2
Hard Disk – 200 GB
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 7 About Sensiple

Sensiple, represented as E Pro Inc. at US region is a world class IT solution provider offering
technology solutions and IT services across Finance, logistics, Retail, Customer contact,
Healthcare and Banking industries. Sensiple offers a suite of FIX Engine, Automation Testing,
Monitoring, Simulation, On Boarding & Certification under the umbrella of PhiFIX along with
products on Global Regulatory Platform and Matching Engine, developed based on 2500+ man
years of experience with center of excellence and R & D for Capital Markets domain. Sensiple
was an early adopter of FIX protocol and is credited for developing the world’s biggest OTC
exchange for US, LATAM & Paris markets.

Sensiple offers solutions to client’s business needs across the entire spectrum of trading
workflow complemented with latest technology which aids market participants to maintain a
competitive advantage in the current scenario.

Services Products

PhiFIX Engine
PhiFIX Test Suite(PTS)
Venues/Intermediaries PhiFIX Monitoring Suite(PMS)
FIX Protocol

Kuberic -Global Matching Engine

Setrega - Global Regulatory Tool
Phinici - Itch Ouch Protocol
Capital Markets Infrastructure
Services

marketing@phifix.com 555 US Highway 1 S,

Ste 330 Iselin, NJ 08830, USA

+1 732-283-0801 www.phifix.com