FIA Tech Introduces UK R&D and Operations Centre in London

FIA Tech is a new subsidiary
located in the UK focusing on Research and Development that services UK and
European clients.

FIA Tech, a
global technology provider to more than 8,000 firms, announced today that it
has expanded to a new subsidiary in London. Located in Paddington, the new office
is the company’s fourth office and its first outside the US.

Last year, the
global technology provider announced an investment of $44 Million by ten
clearing firms that funded the strategic growth of the organisation. With the
new funding, FIA Tech has successfully been investing into its existing range
of products, which have served numerous companies, and launched revolutionary
solutions to develop the market infrastructure across the listed and cleared
derivatives industry.

FIA Tech intends to continue collaborating with the various
industry stakeholders, including exchanges, clearing houses, clearing firms
and other intermediaries, independent software vendors, buy-side firms and end-users,
all in order to create efficiency to the
exchange-traded and cleared derivatives industry.

Recently, FIA
Tech announced a number of initiatives to eliminate friction in trading
futures and to ease compliance with regulations. These initiatives consist of a
comprehensive set of reference data products developed together with exchanges,
CCPs, regulators and data providers. Further, the expansion of its Atlantis
service will include a brokerage of US Listed Options. Moreover, it has
introduced new FIA Tech analytics and a data service providing centralised validated
data for firms to use for non-US index classifications. These provide
consistent market data and analytics, thus, market participants can come to
accurate, consistent determinations.

“The UK and Europe are core markets for FIA Tech’s
customer base and London is a global hub for FinTech innovation. FIA Tech will
be expanding in R&D and client services to support our rapid growth and
London offers unparalleled access to a cutting edge FinTech talent base,” said
Nick Solinger, the CEO of FIA Tech.

FIA Tech is a new subsidiary
located in the UK focusing on Research and Development that services UK and
European clients.

FIA Tech, a
global technology provider to more than 8,000 firms, announced today that it
has expanded to a new subsidiary in London. Located in Paddington, the new office
is the company’s fourth office and its first outside the US.

Last year, the
global technology provider announced an investment of $44 Million by ten
clearing firms that funded the strategic growth of the organisation. With the
new funding, FIA Tech has successfully been investing into its existing range
of products, which have served numerous companies, and launched revolutionary
solutions to develop the market infrastructure across the listed and cleared
derivatives industry.

FIA Tech intends to continue collaborating with the various
industry stakeholders, including exchanges, clearing houses, clearing firms
and other intermediaries, independent software vendors, buy-side firms and end-users,
all in order to create efficiency to the
exchange-traded and cleared derivatives industry.

Recently, FIA
Tech announced a number of initiatives to eliminate friction in trading
futures and to ease compliance with regulations. These initiatives consist of a
comprehensive set of reference data products developed together with exchanges,
CCPs, regulators and data providers. Further, the expansion of its Atlantis
service will include a brokerage of US Listed Options. Moreover, it has
introduced new FIA Tech analytics and a data service providing centralised validated
data for firms to use for non-US index classifications. These provide
consistent market data and analytics, thus, market participants can come to
accurate, consistent determinations.

“The UK and Europe are core markets for FIA Tech’s
customer base and London is a global hub for FinTech innovation. FIA Tech will
be expanding in R&D and client services to support our rapid growth and
London offers unparalleled access to a cutting edge FinTech talent base,” said
Nick Solinger, the CEO of FIA Tech.

Source: https://www.financemagnates.com/institutional-forex/fia-tech-introduces-uk-rd-and-operations-centre-in-london/