TradingScreen Launches Turn-key SI / OTF, its fully-integrated, MiFID II-compliant Trading and Matching Engine
LONDON, March 16, 2017 /PRNewswire/ -- TradingScreen, the leader in electronic trading platforms, is pleased to announce the launch of its Turn-key SI / OTF (Organised Trading Facilities). This SaaS solution is suited to major European banks, brokers and other global financial players ready to implement new technology to fulfil MiFID II requirements.
Turn-key SI / OTF leverages the firm's extensive experience in developing EMS / OMS, multi-broker, multi-asset class trading platforms, as well as TradingScreen MTF and Fixed Income Crossing platform expertise. Turn-key SI / OTF will provide a fully-integrated trading and matching engine ecosystem, along with leading-edge pre- and post-trade reporting tools satisfying MiFID II requirements.
"The new regulatory framework for the European financial market is pushing financial actors to redefine their role, follow new rules and regulation and upgrade their infrastructure. Moreover, very few Execution Management Systems handle the Fixed income and OTC market like we do. Our 18 years of experience in the field uniquely position us to offer all of the above with our Turn-key SI OTF solution, a full, one-touch platform for OTFs and MTFs," said Alexandre Carteau, Head of the TradeExchange® business line.
Turn-key SI / OTF will support a multi-protocol environment (including discretionary tiering) and maintain an exchange-grade quality matching engine. Its state-of-the-art, HTML5 interface, connects you to nine global data centers, for maximum access to your client-base.
"TradingScreen has a history of providing customized solutions to our clients. European market participants need MiFID II-compliant services, in a very cost-efficient way. We are providing a fast and easy to implement solution reducing the need for expensive internal development. It's the ideal platform for the OTF community," said Pierre Schroeder, CEO of TradingScreen.
Ken Ruan, Marketing
TradingScreen New York
T: +1 212 359 4022
TradingScreen is the leading independent provider of liquidity, trading, and investment technology via SaaS to the financial community. TradingScreen's goal is to simplify the complexity of markets, by consolidating all investment workflows for exchange-traded and OTC instruments on a single platform. TradingScreen brings the major, global sell-side participants, leading regional brokers and the largest Buy side firms to a common environment, delivering market access, order-management, liquidity-management and investment services. The benefit to clients is an exceptional reach across counterparties, asset classes, and geography, and a full integration of services front to back. TradingScreen was named Best Sell-Side Technology: OTC Trading Initiative and Best Crossing Network Provider by WatersTechnology, in addition to winning numerous awards for best trading technology. TradingScreen provides global coverage from offices in Boston, Chicago, Frankfurt, Geneva, Hong Kong, London, New York, Paris, Singapore, Sydney and Tokyo. For more information on TradingScreen, go to www.tradingscreen.com
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