Chris Valentino of Trading Apps explains how the company remains razor-focused on clients and continued growth
At the end of last year, it was announced that BNY Mellon purchased the agency lending securities finance software and associated intellectual property of Trading Apps.
Trading Apps has and will continue to operate as a viable and independent entity, primarily servicing the securities finance community beyond agent lenders.
Now starting a new year, Chris Valentino, sales and client director, Americas at Trading Apps, explains how the company remains razor-focused on clients and continued growth.
With the recent company merger and acquisition news and events in the proverbial rear-view mirror Trading Apps is gearing up for a very exciting and extremely busy 2019. As always, our primary focus continues to be on expanding our partnership with our existing roster of clients and of course adding some new exciting clients or partners to the mix.
In many ways, the themes and bodies of work that hatched themselves in late 2017 and throughout last year will continue to be in our sights and on our radar for 2019. Interoperability, market connectivity, and process automation continue to be popular buzz words for all of our existing clients and prospects and as a result, those conversations have fueled a number of interesting projects for Trading Apps this year.
In terms of interoperability, it is all about connecting to the various outlets or sources of trade liquidity, market data, and settlement and clearing that exist in today’s market place. Without naming names for several of our clients, we have already provided dynamic connectivity to the markets leading source for trade liquidity and execution. At the beginning of this year, we look to expand that offering by establishing connectivity to a relatively new trading platform but one that has been a household name for all of our clients for years. We believe that to be just the tip of the iceberg with some new trading venues on the scene, and with Trading Apps willing and able to establish and provide seamless connectivity and integration for all of our clients and prospects.
Connectivity goes beyond just trade execution and we continue to work on a number of interesting projects that will integrate data and establish various central counterparty and triparty connection points to the mix this year.
Automation continues to be a very hot topic and for those that have used or are thinking
about Trading Apps, they realise the high level of automation and the seamless and sophisticated workflows that our apps can offer. Many of our clients are leveraging the automation offered by our lending, borrowing, and internalisation applications, and we have a number of projects outlined this year to enhance and expand upon those offerings.
In this age of big data, our clients and prospects continue to push the envelope in terms of their insatiable appetite for all things data related. Our apps continue to deliver high marks in terms of their ability to absorb enormous data sets and provide our user base with a high level of automation or an intuitive and sophisticated workflow. This maximises technical real estate and aggregates all relevant market intelligence at the point of trade for today’s securities finance professionals.
We are extremely excited for the year ahead and look forward to working and collaborating with many members of the global securities lending market place.
