FIX Operational Risk Manager (FORM)
FORM is a tool that helps analyse FIX communication records in an intuitive, efficient way. Using a graphical interface, users can navigate through FIX session logs, search for particular messages, filter user-specified message subsets and view descriptions, as well as having an online reference of all FIX messages and fields whilst browsing. These functions can be scripted for full automation and reporting to an external control mechanism. This facilitates enablement of STP and provides for a feedback loop to control processes, allowing greater operational risk management. FORM was the first product of its kind to be made available commercially.
Features:
- Both Java GUI tool and Browser based versions which help analyze detailed message and tag descriptions from FIX protocol specification.
- Performs message validity checks according to FIX protocol specification for 4.0 to 4.4 inclusive.
- Shows detailed description of problems and errors in messages
- Helps filter particular messages, or sets of messages, in large message storages using intuitive FIX Query Language (FIXQL Manual)
- Helps the integrator to quickly determine the source of problems
Available as a standalone application or as a Java applet for web-based access.