Transact collaborates with Winterflood Business Services (WBS) to integrate its automated electronic dealing solution.
The investment platform will now have increased access to liquidity and more counterparties in the majority of listed stocks across Europe. Further to this, the platform will gain a broad coverage of US, Canadian and Asian liquid stocks through the partnership.
Alex Kerry, Head of Winterflood Business Services, commented on the partnership: “We are delighted to partner with Transact to deliver a leading order execution solution. Platforms are increasingly seeking to automate their propositions, widen asset reach and deliver more efficient propositions to clients.
“Against an increasingly complex backdrop, the most effective strategy is to collaborate with best-in-class providers who provide cutting-edge innovation and fully scalable proprietary trading infrastructure. This has the synergistic effect of allowing innovative firms such as Transact to focus on their core capabilities, while creating efficiencies across the value chain.”
The full announcement is covered on Money Marketing. Read the full article here.
For more information, or to discuss our services, please contact us on wbs-enquiries@winterflood.com or call +44 (0)20 3100 0808.
