29West products have been adopted by numerous securities exchanges, securities companies and financial institutions in Europe and the United States.

IWI, which has a track record of providing securities-oriented market information distribution systems, is keen on providing a wider range of solutions in the field of market information distribution catering to securities companies and financial institutions by adding LBM, a messaging middleware that is being used in a wide range of market applications overseas, to its lineup.

System challenges in today’s securities markets have changed, ranging from enhancement, expansion and renewal of system infrastructure and pursuit of low latency* and throughput* to product selection from a global viewpoint, following environmental changes such as the system renewal at Tokyo Stock Exchange (increase in information provision and increase in speed), trends such as algorithmic trading* and globalization.

In response to these challenges, IWI will cater to wide-ranging needs for next-generation market information distribution systems through RIX Agent, a high performance messaging platform developed by IWI, and by adding LBM to its messaging middleware lineup. A major securities company is already start to adopt LBM in a market information distribution system as part of its systems renewal project.

About Latency Busters Messaging（LBM）
LBM is a messaging middleware product that realizes extremely superior low latency and high throughput. As opposed to general messaging middleware that performs messaging via servers, etc., LBM performs direct message processing from application to application, thus realizing high performance.
LBM is being utilized globally since its launch in June 2004, adopted by over 100 companies worldwide including securities exchanges such as the National Stock Exchange (NSX) and securities and other financial companies such as Merrill Lynch and FXCM.

29West Inc.
29West is a leading company in high performance and low latency messaging solutions. The company was founded in the U.S. in 2002 by members active in the forefront of high-speed and real-time information distribution and networking development. 29West has provided new criteria in messaging solutions to U.S. financial institutions, and has gained the trust of numerous U.S. and European companies within a short period of time.
URL：http://www.29west.com/

In February 2008,IWI and 29West Inc. agreed on an agency contract for the messaging middleware product “Latency Busters Messaging” (LBM).

*Algorithmic trading: A type of trading where computers automatically make trades at timing and quantities determined based on programmed algorithms.
*Latency: Lag time for processing the distribution of data units. In this case, the lost time and lag time until securities transactions are reflected in market information.
*Throughput: A scale for messaging speed and processing capacity. Processing capacity and data transfer amount per time unit in messaging or processing.