Tag: FIA Tech

The addition of HSBC is set to contribute to FIA Tech’s global expansion, accessing a wider range of clients across Europe, APAC, and the Middle East.

Expanded service aims to deliver “much needed” automation to the large and fragmented segment of futures and options trading. 

The move will see the two firms help reduce systemic inefficiency across the global post-trade network.

Previously, the Atlantis settlement platform facilitated brokerage payments from clearing brokers to executing brokers.

New development will provide SGX member firms connected to TDN with greater transparency into their trade give up/take in process on SGX.

As the buy-side increasingly seek higher quality and comprehensive data, providers are answering the call, focused on enhancing their services and increasing their scope.

New improvements will allow users to securely replicate and store all trading activity at any exchange connected to the network, ensuring speedier recovery in the event of a systemic outage.

With the close of this round the total funding for FIA Tech is at almost $70 million.

The firm’s Databank Network will integrate into the Symphony platform through a new FIA Tech Bot - due to go live in Q2 - providing improved access to data sets.

The past week saw appointments from Citi, the Financial Markets Standards Board (FMSB) and FIA Tech.