Trading Technologies Completes ATEO Acquisition Targeting Global
ATEO will operate as a global hosting service, hosted in Trading Technologies' data center, enabling Trading Technologies' customers to use ATEO's post-transaction services to improve operational efficiency。
Trading Technologies International, Inc.Completed acquisition of ATEO SAS, a listed derivatives post-trade solutions provider。ATEO will operate as a global hosting service, hosted in Trading Technologies' data center, enabling Trading Technologies' customers to use ATEO's post-transaction services to improve operational efficiency。
ecological integration
ATEO's products include a global order management system for brokerage firms, a platform to facilitate trade matching and clearing between global clearing houses, and a standardized clearing API for developing in-house solutions.。
Laurent Courbin, founder and CEO of ATEO, said, "Since 2000, ATEO has provided our customers with first-class mid-end solutions with feature-rich, reliable software."。
"While we have attracted some of the industry's leading companies, as part of the TT team and infrastructure, we can now significantly scale to support more customers of all sizes, regardless of the range of needs."。"
Trading Technologies is a software-as-a-service technology platform company that provides trade execution, market data solutions, analytics, risk management and other tools for the global capital markets industry.。
ATEO, on the other hand, specializes in post-trade solutions for the financial industry, providing clearing, matching systems and market connectivity.。Since its inception in 2000, ATEO has served banks, trading companies and professional traders.。
Extended Services
Trading Technologies' partnership with ATEO, which began in 2022, focuses on providing integrated post-trade distribution services to banks, brokers and futures commission dealers.。The acquisition is expected to enhance the company's service levels as ATEO's mid-tier solutions are integrated into Trading Technologies' infrastructure。
Last year, Trading Technologies acquired Abel Noser Solutions, LLC to strengthen its pre-trade and post-trade TCA services, underscoring the company's commitment to expanding its analytics capabilities and customer service.。
In addition, Trading Technologies has launched two new lines of business: TT Compliance and TT Quantitative Trading Solutions, which aims to consolidate liquidity from major banks and expand the product range.。
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