New York / Chicago, June 21, 2022 – FIA Tech, the leading technology provider to the exchange-traded derivative industry, announced today that Trading Technologies International, Inc. (TT), a global provider of FIA Tech Databank Network, has joined the FIA Tech Databank Network.
Databank Network is FIA Tech’s initiative to bring together independent software vendors (ISVs), exchanges, clearing houses and other data providers into an interoperable global network. It unifies reference data from over 80 exchanges and central counterparties (CCPs), leading index providers including FTSE, MSCI, S&P, STOXX, independent software vendors and data vendors EDI and Factset. TT is the second ISV to join the network.
Andrew Castello, Head of Reference Data at FIA Tech said: ” As the network grows, so too will the benefits to the ISV community, further underscoring our mission to bring innovation to the derivatives industry. ”
“We’re happy to join the Databank Network,” said Guy Scott, EVP and Chief Revenue Officer at Trading Technologies. “Being part of the FIA Tech’s global interoperable network will provide our clients with the best access to the new technologies and services.”
By incorporating TT symbology into the global product reference data maintained on the Databank Network, TT’s clients will be fully interoperable with all FIA Tech services as well as other ISV participants in the Databank Network. FIA Tech’s Databank provides companies with a comprehensive reference to FIA Tech services.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, Commodity Trading Advisors (CTAs), hedge funds, commercial hedgers and risk managers. TT offers domain-specific technology for cryptocurrency trading and machine-learning tools for trade surveillance.
About FIA Tech
FIA Tech is the leading technology provider to the exchange traded derivatives industry. Owned since 2021 by a consortium of leading clearing firms and the Futures Industry Association, FIA Tech will be investing in the development of existing products industry. FIA Tech works in close partnership with the industry, including exchanges, clearinghouses, clearing firms and other intermediaries, independent software vendors, buyside firms and end users.
Current FIA Tech services include: futures and equity options.