New KRM22 Limits Manager and KRM22 Risk Manager offerings
integrated into TT platform, beginning in Q2
BOCA
RATON, Fla. and CHICAGO and
LONDON, March 15,
2022 /PRNewswire/ -- Trading Technologies
International, Inc. (TT), a global provider of high-performance
professional trading software, infrastructure and data solutions,
and KRM22 plc (AIM: KRM), the technology and software investment
company that focuses on risk management for capital markets,
announced today the first two KRM22 risk offerings that Trading
Technologies is now integrating into the TT platform.
The companies made the announcement at the start of the 2022
International Futures Industry Conference in Boca Raton, Florida.
In the second quarter, TT will launch KRM22 Limits Manager, a
limit management system designed by KRM22 to combat time-consuming
and potentially error-prone pre-trade risk processes by automating,
maintaining and tracking trading limits within an easy-to-use
application within the TT Software-as-a-Service (SaaS)
platform.
The other new offering, slated for launch in the third quarter,
will be KRM22 Risk Manager, a sophisticated, real-time, post-trade
risk service which will significantly enhance the risk toolset
available on the TT platform. KRM22's innovative risk scoring
system will help traders instantly assess real-time margin and
liquidity, creating a new way for futures traders to generate alpha
under the most volatile market conditions.
Jason Shaffer, TT EVP Product
Management, said: "After completing the migration last year of all
clients to our new SaaS TT platform, we're now able to put more
power into the hands of our customers than ever before. This is
exactly the sort of functionality our clients have told us they
want to be able to access from within the platform to streamline
their operations, and it represents the first of many integrations
to come from innovative providers such as KRM22. These two new
products meaningfully enrich our overall offering and further
demonstrate our commitment to growing the value of being on the TT
network."
KRM22 CEO Stephen Casner said:
"TT users will be able to add this important functionality without
any infrastructure work or technology staff time. KRM22 Limits
Manager can bring trading staff valuable new tools for simplifying
their processes and reducing errors, and back-office personnel key
operational efficiencies, along with complete audit trail and limit
history information. We're delighted to bring our cooperative
agreement with TT to this critical product introduction phase."
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) creates
professional trading software, infrastructure and data solutions
for a wide variety of users, including proprietary traders,
brokers, money managers, Commodity Trading Advisors (CTAs),
hedge funds, commercial hedgers and risk managers. In addition to
providing access to the world's major international exchanges and
liquidity venues via its TT® trading platform, TT offers
domain-specific technology for cryptocurrency trading and
machine-learning tools for trade surveillance.
About KRM22
KRM22 is a closed-ended investment company which listed on the
London Stock Exchange's Alternative Investment Market (AIM) on
30 April 2018. The Company has been
established with the objective of creating value for its investors
through the investment in, and subsequent growth and development
of, target companies in the technology and software sector, with a
focus on risk management in capital markets. Through its
investments and the Global Risk Platform, KRM22 helps capital
market companies reduce the cost and complexity of risk management.
The Global Risk Platform provides applications to help address
firms' market, compliance, operations and technology risk
challenges and to manage their entire enterprise risk profile.
Capital markets companies partner with KRM22 to optimize risk
management systems and processes, improving profitability and
expanding opportunities to increase portfolio returns by leveraging
risk as alpha. KRM22 plc is listed on AIM, and the Group is
headquartered in London, with
offices in several of the world's major financial centers. See more
about KRM22 at www.KRM22.com.
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SOURCE Trading Technologies; KRM22