SS&C has partnered up with Brazil-based electronic trading and technology provider Americas Trading Group (ATG).
ATG will provide SS&C’s MarketTrader order management system (OMS) and FIXLink clients with advanced algorithmic trading strategies, and also offers greater access to the Latin American markets.
SS&C’s MarkeTrader is an execution management system for broker-dealers, while FIXLink offers electronic routing of multi-asset class order flow, connecting 260 institutional investors and 365 execution destination participants globally.
ATG’s suite of multi-asset algorithms ate optimised for local market execution, and it has 35 local sponsoring brokers across Latin America.
"We partnered with SS&C as an opportunity to provide our clients access to MarketTrader’s expanding user base and to join SS&C’s FIXLink trading community,” said Francisco Gurgel, partner and chief business officer of ATG.
“As the importance of cross-border trading continues to grow, working with SS&C gives us an opportunity to help our clients reach new customers and, at the same time, provide SS&C’s clients with state-of-the-art trading access to Latin America.”
Bob Moitoso, senior vice president and general manager of SS&C financial markets, said: "We are delighted to offer our clients access to ATG’s suite of advanced algorithmic strategies for the Latin American markets.”
He added: “We are equally pleased with the continued expansion of MarketTrader’s capabilities and the growing reach of our FIXLink community, solidifying our position as a valued partner in helping customers meet the demands of the challenging global marketplace.”
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