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LOTE45 partners with Itiviti’s NYFIX for new execution platform

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Itiviti, a provider of multi-asset trading technology and financial infrastructure, has partnered with Brazilian risk management provider LOTE45 to provide asset managers with a new execution platform, with full regulatory framework verification.

The platform combines Itiviti’s NYFIX independent trading hub with LOTE45’s Asset Portfolio Manager (APM) and Compliance Portfolio Manager (CPM), which allows robust regulatory framework checks before executing trades that comply with CVM555, BACEN 4661, CMN 4444, 1585, Managerial Funds Regulations and managerial set ups. The order flow will leverage Itiviti’s NYFIX trading hub to reach capital markets and brokers worldwide, while post-execution, the APM system will calculate the net asset value (NAV) online; measure risk through stress tests, historical and parametric value at risk (VAR); as well as performance attribution for any period.
 
The solution connects onshore and offshore administrators and dealers through Itiviti’s award-winning NYFIX Marketplace client connectivity service, which combines global reach and regional proximity. LOTE45 leverages the NYFIX platform’s ability to seamlessly connect with any OMS solutions; this “plug and connect” feature positions NYFIX as the natural go-to solution for local and regional vendors looking to expand their international footprint at minimal cost and within a short timeframe.
LOTE45 is already the sixth Brazilian partner firm to join Itiviti’s Global Alliance Programme (GAP), the umbrella under which the company manages all partner relationships globally, enabling clients to leverage a highly integrated network of providers.
 
“We’ve launched our new trading platform, offering a full execution platform through the integration with NYFIX,” says Ronei Frigerio, LOTE45 CEO. “LOTE45 has made great strides by adding new clients and expanding the scope of our offering. We needed a short time-to-market launch and were impressed with the versatility and integrated services of NYFIX. This partnership enables us to focus on our business ensuring our clients immediately get access to capital markets.”
 
“Through the Itiviti Global Alliance Programme, we are building a strong community of technology providers, both traditional and SaaS/cloud-based, that want to work with an agnostic, un-conflicted vendor,” says Philippe Carré (pictured), Global Partnerships Director at Itiviti. “We are not a buy-side technology provider ourselves and do not compete with our partners; it is in our interests to ensure NYFIX connections are lit up quickly and efficiently, while providing participants security and robustness. Our strategic vision remains to operate a global connectivity utility for trading and post-trade services.”

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