Charlie Susi, Head of Direct Execution â Americas for UBS, said: âAs we examined the landscape of low-latency trading and risk management technology solutions, Mantara stands out as a fully-integrated, multi-broker, multi-asset system built from the ground up with state-of-the-art capabilities and a smart co-location footprint. We think this relationship will help us to deliver even greater benefits to our latency-sensitive clients.â
Mantara has received growing recognition for its ability to deliver a powerful combination of low-latency trading solutions coupled with robust risk management capabilities to both buy- and sell-side institutions. Fueled by a rising demand for its innovative expressWayâ¢ product suite and regulatory pressure encouraging greater risk management and control of high-frequency trading, the company is poised for accelerated growth.
Michael Chin, Mantaraâs newly-appointed CEO, stated, âUBS has a reputation for technological excellence, client service and innovative trading capabilities. Weâre very pleased to have them join us as a strategic equity partner. We think the inherent synergies are exciting, and look forward to working with them as we further develop our next-generation client solutions.â