This client is a global asset management firm with offices in the US, EMEA and APAC. The firm’s equity trading encompasses a wide range of investment strategies, including long/short, macro and arbitrage, with a team of more than 1,000 investment professionals spanning the world’s foremost financial sectors.
In 2018, the firm was spurred to reexamine its post-trade processes thanks to the rapid growth and advancement of its equity trading. Increasing daily volumes, manual process, high cost and limited capability to cope with their future growth were their top challenges. With these considerations in mind, the firm began its search for a new post-trade system.
Ultimately, the firm identified NYFIX Matching as a solution capable of meeting its needs on technology, speed, cost savings, multi-asset support and client service.
"The FIX-based technology has been instrumental in our ability to scale our equity trading, cutting our after-hours operations down from two hours to 20 minutes. We look forward to working with them to further optimize our business, both across the trade lifecycle and our entire business."
Senior executive of the asset management firm
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