PhiFIX Surveillance Suite is an innovative monitoring and alerting solution for FIX protocol, designed for capital markets. It provides real-time monitoring of FIX sessions, transaction monitoring and anomaly detection based on log files. Trading firms use PhiFIX to monitor FIX infrastructure for compliance, operational integrity, and performance.
Designed for investment banks, brokers, and asset managers, the solution monitors static log files and dynamic message flows on a live basis and all in real-time across multiple FIX servers to provide alerts in real-time with deep-dive analytics and filters.
With PhiFIX, users have comprehensive control over their FIX message flows, including:
PhiFIX offers real-time monitoring of FIX sessions, positioning trading firms to determine FIX message flows instantaneously. This real-time monitoring allows you to identify issues and understand if data was successfully transferred between counterparties without delay.
Whether you need to track a live transaction flow or analyze static logs from various settings, the PhiFIX Monitoring Tool can identify and monitor both static log files and live FIX message streams. This level of real-time monitoring optimizes the ability to diagnose a problem or trend across the pre-trade, trade, and post-trade workflows.
With message-level alerting and the ability to configure triggers (for specific messages tags and/or transaction types), PhiFIX can enable you to configure alerts which will notify you of failures or irregularities before they become an issue, thus enhancing operational resilience.
Because the PhiFIX FIX Surveillance Tool was designed to be scalable, it provides support for testing and monitoring complex groups of infrastructures like multiple FIX sessions across multiple FIX servers, making it suitable for firms employing high-frequency trading or a global connectivity framework.• Supports multi-session and multi-server FIX setups
PhiFIX has advanced filtering and search capabilities, which allow users to locate specific instruments, message types, or FIX tags. These capabilities enable faster problem solving in trading and are essential for regulatory compliance, including MiFID II & SEC.
PhiFIX integrates directly with Order Management Systems (OMS), Execution Management Systems (EMS), and compliance tools. It also supports personalized alerts and configurations for specific uses of the FIX protocol, helping to adapt to any trading environment.
