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LONDON, Feb. 2, 2021 /PRNewswire/ — ATEO Finance, a main service provider of post-trade answers for the mentioned derivatives area, is happy to announce that SUCDEN Fiscal, a top world multi-asset execution and clearing supplier, has selected ATEO’s LISA Clearing Motor, as its middle-place of work platform.
The LISA Clearing Engine offers off-the-shelf connectivity, not only to all significant clearing residences but the whole ETD eco-procedure, like execution platforms, important clearers as perfectly as third get together clearing and confirmation units. LISA Clearing Motor also delivers a one of a kind set of highly developed clearing functions.
David Romeo, ATEO’s Managing Director, claimed: “We are very delighted to validate that SUCDEN Fiscal is now dwell with our Lisa Clearing Engine middle-business office system. This is the outcome of a pretty complete variety course of action and speedy-keep track of implementation. With five out of the nine classification-a person firms on London Steel Trade (LME) now using our merchandise, ATEO is plainly positioned as the undisputed primary provider of clearing platforms for commodities.”
Gavin Parker, SUCDEN FINANCIAL’s Main Functioning Officer, stated: “We are delighted with Lisa Clearing Motor, which gives connectivity to all our clearing partners and improves operational efficiency. We worked closely with ATEO, who swiftly adapted their solution to match our specific necessities and include our in depth range of markets.”
ABOUT ATEO FINANCE
ATEO Finance delivers Submit-Trade options for the Stated Derivative field. Our solutions include things like a world-wide blotter, real-time possibility administration applications and Clearing and matching technique with comprehensive marketplace connectivity. The world’s foremost banks, investing houses, and professional traders have been relying on Ateo technologies given that our development in 2000.
ATEO delivers the fantastic mix of efficiencies and believe in. We aid our consumers produce their company by way of yrs of knowledge, our superior technology options, and an unparalleled sense of support.
ABOUT SUCDEN Fiscal
With a historical past and heritage in commodity futures and options buying and selling, Sucden Money has developed and diversified to come to be a main world wide multi-asset execution, clearing and liquidity provider across Forex, fixed income and commodities.
Sucden Monetary has a confirmed monitor file of in excess of 45 several years in financial markets. Considering the fact that its foundation in 1973, it has been supported by its mother or father, Sucden, a person of the world’s foremost smooth commodity buying and selling groups, when remaining totally impartial in its working day-to-day buying and selling functions.
Sucden Financial has headquarters in London, with workplaces in Moscow and subsidiaries in Hong Kong and New York, furnishing a international get to and a local provider to customers about the clock.
Sucden Monetary Limited is authorised and regulated by Monetary Conduct Authority
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Resource ATEO Finance