Trading Technologies International, Inc (TT), a global capital markets technology platform provider, has launched two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company’s growth into new asset classes.
The two dedicated lines of business build on TT’s past offerings in trade surveillance and algorithmic/quantitative trading solution that were strengthened by TT’s acquisitions of Abel Noser Solutions, a provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants – in August 2023 and RCM-X – a technology provider of algorithmic execution strategies and quantitative trading products – in March 2022.
TT Compliance will leverage both the firm’s long-standing TT Score trade surveillance offering built originally for exchange-traded derivatives as well as Abel Noser’s complementary Compliance+ solution largely used for US equities. In addition, TT is working with KRM22 plc, which focuses on risk management and capital markets, to extend the capabilities of TT Score and Compliance+ by building a new multi-asset class surveillance platform scheduled for delivery in the second quarter of 2024.
The new TT Compliance business line will be run by Ted Morgan, who has served as Chief Operating Officer  of Abel Noser and will assume the role of EVP Compliance on Jan. 1.
The newly branded TT QTS led by Joe Signorelli – who has been serving as Managing Director – RCM-X and prior to the acquisition as CEO of RCM-X – will encompass a broader multi-asset algorithmic trading offering, including not only TT Premium Order Types and the firm’s TT Strategy Studio but also a new suite of quantitative solutions for fixed income trading, beginning with U.S. Treasuries.
