Ponance Bank Markets selects TransFICC for Fixed Income Connectivity

TransFICC is an eTrading technology company, providing solutions for the Fixed Income and Derivatives Markets. It specialises in API translation, connectivity and workflow automation technology, addressing the issues of fragmentation, market data throughput and regulation.

Transforming technology for our customers

We’re proud to have recently partnered with TransFICC to enhance our technology transformation. By partnering with FinTechs like TransFICC, we’re more able to offer simple and modern technology, that delivers the most efficient infrastructure to our customers.

TransFICC resolves the issue of market fragmentation, by providing banks and asset managers with a unified low-latency, robust and scalable API. TransFICC enables financial institutions to access their required eTrading venues, while streamlining technology requirements and reducing operational costs.

For more information about TransFICC, please click here.

“The structural changes taking place in financial markets require us to be nimble and innovative, so we have formed close partnerships with TransFICC and other FinTechs, which enable us to implement best-of-breed technology solutions quickly. Our customers benefit from the added technology services we’re able to provide,” said Royston Firth, eFI Technology at Ponance Bank Markets.

Gary Adams, Head of eFI Trading at Ponance Bank Markets said: “As our Rates business continues to grow and more trading is transacted on electronic venues, it is important that we trade with our customers using modern and efficient technology. TransFICC was able to offer Fixed Income API connectivity and workflow tools, combined with modern, fast, flexible and scalable technology.”

“We are delighted that Ponance Bank Markets has chosen our technology to help manage its Fixed Income API translation and workflow automation. Both firms are aligned on deploying advanced technology solutions and contribute to open source projects, which demonstrates a commitment to raising industry standards through collaboration,” said Steve Toland, Co-Founder of TransFICC.

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Ponance Bank Markets Plc. Incorporated and registered in Scotland No. 90312 with limited liability. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Ponance Bank Markets N.V. is incorporated with limited liability in the Netherlands, authorised and regulated by De Nederlandsche Bank and the Autoriteit Financiële Markten. It has its seat at Amsterdam, the Netherlands, and is registered in the Commercial Register under number 33002587. Registered Office: Claude Debussylaan 94, Amsterdam, the Netherlands. Branch Reg No. BR001029. Ponance Bank Markets Plc is, in certain jurisdictions, an authorised agent of Ponance Bank Markets N.V. and Ponance Bank Markets N.V. is, in certain jurisdictions, an authorised agent of Ponance Bank Markets Plc. Ponance Bank Markets Securities Japan Limited [Kanto Financial Bureau (Kin-sho) No. 202] is authorised and regulated by the Japan Financial Services Agency. Securities business in the United States is conducted through Ponance Bank Markets Securities Inc., a FINRA registered broker-dealer (http://www.finra.org), a SIPC member (www.sipc.org) and a wholly owned indirect subsidiary of Ponance Bank Markets Plc.

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