Trading Technologies International, Inc, a global provider of high-performance professional trading software, infrastructure and data solutions, confirmed that it has invested $6.35 million in KRM22 plc (LON:KRM), the technology and software investment company that focuses on risk management for capital markets. This is the first investment TT has made since its acquisition by 7RIDGE in late December.
In addition, Trading Technologies has entered into a distribution agreement to market and distribute KRM22 risk management products. The products will leverage TT’s Software-as-a-Service (SaaS) platform ecosystem and significantly expand the firm’s risk management offering. The initial integrated risk service offering is anticipated to address pre-trade risk and will be available for TT clients to use in March, with details to be announced.
KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London.