ETF sourcing and trading technology to improve efficiency and rationalize infrastructure
DeltaOne Solutions, a CoreOne Technologies company, today announced their alliance with Horizon Software. DeltaOne is the premier Index and ETF data technology provider and Horizon Software is the leading provider of automated trading systems. The combination of strengths in an integrated offering gives clients a single place for analyzing and implementing index and ETF trades; allowing market makers and traders to quote and hedge trades with greater accuracy. This strategic partnership significantly enhances and facilitates the sourcing, pricing and trading of global exchange traded funds (ETFs) and indices; accelerating the adoption of electronic processing solutions across the rapidly growing ETF trading market which is often hindered by inefficiencies.
“Both DeltaOne and Horizon Software have been instrumental in the trading community’s efforts to strengthen the operational and information infrastructure of this dynamic market,” said Bernie Thurston, Global Head of DeltaOne Solutions. “This partnership is a full strength combination that reaches across borders and asset classes to provide a service that will help a wide range of market participants achieve greater certainty in their transaction processing.”
Sylvain Thieullent, CEO of Electronic Trading at Horizon Software, said, “By combining the individual strengths of Horizon’s trading technology and DeltaOne’s ETF and Index data accuracy, we are taking a major step forward in addressing the calls from global regulators and customers for a fully-integrated solution for ETF quoting and hedging. We believe the time is right for consolidation around a combined framework, addressing the challenges of rapid growth, operational risk and high costs in the trade markets.”
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