John Lothian News caught up with Trading Technologies CEO Keith Todd at the recent FIA EXPO 2022 in Chicago about recent announcements from TT and updates on its progress under its new owners.
He spoke about the recent KRM22 announcement and how it will help clients manage risk on a holistic basis, including managing margins, liquidity challenges and a calibration of a risk score.
TT also had an announcement with ATEO during the EXPO about an OMS that brings an allocation algorithm and a fully integrated, comprehensive post-trade allocation service, to the TT trading platform, Todd said.
We asked, How has the acquisition affected TT this year?
Todd gave a shout out to former TT owner Harris Brumfield and former TT CEO Tim Geannopulos for putting the company in a good position before the acquisition. He also said the key since the acquisition has been momentum. The partnerships with firms like ATEO and KRM22 are one example, he said. Todd said the expansion of service delivery and quality and automating processes from the TT team has been phenomenal.
Todd said feedback from customers today is more about what customers can do with TT, while a year ago it was about relief that the firm was independent.
As for 2023, Todd said he expects the stories to be about an acceleration of growth and a material change in the asset classes TT is able to deliver on the platform.
We asked Todd about the impact of the FTX implosion on the trading community. He said he expects crypto trading to continue, but that it is a call for adults to be involved.