FIMAT, one of the worldâs largest futures commission merchants and institutional brokerage firms, evaluated many trading and risk management systems. âWe chose TwoFour because of its robust functionality and ease of use. The people at TwoFour understood our business and configured their blotters during the demonstration to meet some of our specific requirements. Other vendors told us it would take months to make the same changes,â said Ryan Schiff, global head of FX trading.
John Feeney, head of product development at TwoFour states, âTwoFourâs flexible, realtime cross product blotters allow clients to configure summary views of positions. Details of any summary view are easily accessed by simply selecting the position and drilling down to view the activity that created the position. Sensitivity analysis and realtime market data feeds give users a live view of their activity in TwoFourâs position blotters. TwoFourâs blotters support aggregation, dimension analysis, flexible bucketing, and easy to use grouping of data elements.â
FIMAT states that it was looking for a 24 X 7 global solution from an experienced provider that would significantly lower their annual costs. TwoFourâs configured solution met these requirements and will only take a couple months to implement. TwoFour Systems Managing Director Chris Davis, states, âWe are very excited to be working with FIMAT. TwoFourâs cross product blotter will let FIMATâs traders manage their global futures and FX business more efficiently.â
TwoFourâs business focus is to provide its clients with the ultimate experience which TwoFour views as STP2 - service, technology, people and product.