Renaissance Capital Chooses Itiviti to Consolidate Trading Operations
- Renaissance has replaced its legacy systems with the Tbricks by Itiviti platform to consolidate its trading business.
Itiviti, a technology provider for the capital markets industry, today announced that Renaissance Capital, an emerging and frontier markets investment bank, has chosen the Tbricks by Itiviti platform for its options market making, Delta-one Algo Trading Algo Trading Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Read this Term.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
The solution provided by Itiviti comprises off-the-shelf components, enabling Renaissance to write bespoke strategies using Tbrick's open app-development architecture.
Tbricks
Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys. Tbricks by Itiviti provides a low-latency platform including optimisations with Speedcore, allowing latency-sensitive services run as a single process on a dedicated CPU. Many trading firms, banks, brokers and institutional clients rely on Itiviti's technology for streamlining their daily operations.
We were impressed by Tbricks by Itiviti's ability to consolidate our different trading strategies into one platform.
Lee Griggs, President EMEA, Itiviti, said: "Coming out on top of a comprehensive selection process, where Renaissance Capital has chosen Itiviti as their technology partner, is very gratifying. We pride ourselves in being a strategic partner to banks and brokers, providing next generation trading technology that help our clients advance in their markets."
Renaissance Capital
Renaissance Capital has one of the largest distribution and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term platforms with access to markets including Africa, the Middle East, Central Europe, Turkey, Asia and Greece. Its core businesses include M&A, equity and debt capital markets, securities sales and trading, research and derivatives.
"We were impressed by Tbricks by Itiviti's ability to consolidate our different trading strategies into one platform," said Vladimir Gibenko, Head of IT, Renaissance Capital. "The Itiviti team have been on hand to help us with replacing our legacy trading systems, and we are so far very happy with our partnership."
Finance Magnates last reported on Itiviti last month after the company announced that Deutsche Börse had sealed a long-term partnership with the company to deploy its Tbricks by Itiviti platform.
Itiviti, a technology provider for the capital markets industry, today announced that Renaissance Capital, an emerging and frontier markets investment bank, has chosen the Tbricks by Itiviti platform for its options market making, Delta-one Algo Trading Algo Trading Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Read this Term.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
The solution provided by Itiviti comprises off-the-shelf components, enabling Renaissance to write bespoke strategies using Tbrick's open app-development architecture.
Tbricks
Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys. Tbricks by Itiviti provides a low-latency platform including optimisations with Speedcore, allowing latency-sensitive services run as a single process on a dedicated CPU. Many trading firms, banks, brokers and institutional clients rely on Itiviti's technology for streamlining their daily operations.
We were impressed by Tbricks by Itiviti's ability to consolidate our different trading strategies into one platform.
Lee Griggs, President EMEA, Itiviti, said: "Coming out on top of a comprehensive selection process, where Renaissance Capital has chosen Itiviti as their technology partner, is very gratifying. We pride ourselves in being a strategic partner to banks and brokers, providing next generation trading technology that help our clients advance in their markets."
Renaissance Capital
Renaissance Capital has one of the largest distribution and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term platforms with access to markets including Africa, the Middle East, Central Europe, Turkey, Asia and Greece. Its core businesses include M&A, equity and debt capital markets, securities sales and trading, research and derivatives.
"We were impressed by Tbricks by Itiviti's ability to consolidate our different trading strategies into one platform," said Vladimir Gibenko, Head of IT, Renaissance Capital. "The Itiviti team have been on hand to help us with replacing our legacy trading systems, and we are so far very happy with our partnership."
Finance Magnates last reported on Itiviti last month after the company announced that Deutsche Börse had sealed a long-term partnership with the company to deploy its Tbricks by Itiviti platform.