Trading Technologies makes minority investment in SIGMA AI

The investment deepens the firms’ existing partnership and will see SIGMA AI’s chief executive expanding his current role to also become TT’s head of AI and innovation

Trading Technologies (TT) has made a minority investment in fintech SIGMA AI, marking an expansion of the two firms’ pre-existing partnership.  

Andy Simpson

Through the investment, SIGMA AI will provide a proprietary AI and innovation hub for TT, in a bid to enhance AI integration into TT’s platform and support AI adoption across the provider’s products and services.  

The enhanced partnership will also see Andy Simpson, SIGMA AI founder and chief executive adding to his current leadership role to also become head of AI and innovation at TT, where he is expected to advise on AI strategy. 

In his expanded role, he will report to Justin Llewellyn-Jones, chief executive of TT, who said: “This partnership with SIGMA AI will deliver ground-breaking AI-driven solutions to our clients through products that are faster, smarter, and easier to use, with robust governance frameworks that put security and safety at the forefront to guard against the nefarious use of this technology.  

“It will also enhance internal productivity by giving our global teams access to innovative new tools and processes – again, in a safe and secure manner.” 

Read more – Trading Technologies unveils pre-trade portfolio risk functionality 

SIGMA AI and TT initially partnered in 2024, which was marked by a small investment with the aim of leveraging advanced technology within TT’s data and analytics offering.  

“I’m thrilled to extend our partnership with Trading Technologies, which reflects our shared commitment to advancing AI in financial markets. I’m equally pleased to be expanding my role with TT,” said Simpson. 

“The AI and Innovation Hub will act as a centre of excellence, helping to embed AI more deeply across the TT platform and operations, and strengthening TT’s long-standing position as a technology leader in global trading.” 

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