Asia-based investment firm Asset Management One has implemented the execution management system (EMS) and trading analytics from Virtu Financial.
Asset Management One deployed the Virtu Triton Valor EMS in a bid to boost its access to liquidity and expand execution management and trade lifecycle analytics for its clients.
Alongside the EMS, the implementation includes an algo wheel, Virtu analytics, request for quote (RFQ), and risk and position management capabilities.
“Introducing Triton Valor in Japan for the first time is a prime example of our willingness to ‘challenge’ ourselves, one of our core values,” said Motonobu Hoshino, managing executive officer and co-head of the investment division at Asset Management One. “We will provide our customers with better quality service by utilising Triton Valor.”
The Virtu Triton Valor EMS offers a broker-neutral multi-asset system that combines the market maker’s liquidity sourcing, execution analytics, and workflow tools via a single interface. It also includes real-time replication across regional view servers.
“We appreciate this expanded opportunity to partner with Asset Management One and demonstrate the value and transparency that our core technology offerings will bring to AMOne and its clients in Japan,” said Doug Cifu, Virtu Financial’s chief executive. “We look forward to continued growth in the region across our scaled technology platform, including our enhanced global POSIT Alert products and multi-asset Trading Analytics solutions.”
In August, Virtu moved to expand its analytics platform to include transaction cost analysis for FX algorithmic trading. The expansion followed the trading firm’s extension of its TCA and market impact models to fixed income and FX last year, amid increased demand for multi-asset analytics.
More recently, European exchange operator Cboe Global Markets confirmed it had completed its acquisition of Virtu Financial’s Toronto-based dark pool MATCHNow.