[This message was posted by Simon Flannery of Thomson Routers 
<simon.flann...@gmail.com> to the "Information Security" discussion forum at 
http://fixprotocol.org/discuss/3. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/b2e81ffa - PLEASE DO NOT REPLY BY MAIL.]

<pre>
  +--------+                                                                   
+--------+
  |        | FIX  +--------------+  IPSec over the 'net +--------------+ FIX   
|        |
  | FIX UA +------+ IPSec router +----------------------+ IPSec router 
+-------+ FIX UA |
  |        |      |  (encode)    |                      |  (decode)    |       
|        |
  +--------+      +--------------+                      +--------------+       
+--------+
</pre>


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