For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220315:nRSO7414Ea&default-theme=true
RNS Number : 7414E KRM22 PLC 15 March 2022
KRM22 plc
("KRM22", the "Group" or the "Company")
KRM22 announces first products to launch under distribution agreement with
Trading Technologies
KRM22 plc, (AIM: KRM) the technology and software investment company that
focuses on risk management for capital markets, today announces the first two
KRM22 risk products that Trading Technologies International Inc. ("TT") is
integrating into the TT platform.
In the second quarter of 2022, TT will launch KRM22 Limits Manager, a limit
management system designed by KRM22 to combat time-consuming and potentially
error-prone pre-trade risk processes by automating, maintaining and tracking
trading limits within an easy-to-use application within the TT
Software-as-a-Service (SaaS) platform.
The other new offering, which is planned for launch in the third quarter of
2022, will be KRM22 Risk Manager, a sophisticated, real-time, post-trade risk
service which will significantly enhance the risk toolset available on the TT
platform. KRM22's innovative risk scoring system will help traders instantly
assess real-time margin and liquidity, creating a new way for futures traders
to generate alpha under the most volatile market conditions.
Stephen Casner, CEO at KRM22 commented: "TT users will be able to add this
important functionality without any infrastructure work or technology staff
time. KRM22 Limits Manager can bring trading staff valuable new tools for
simplifying their processes and reducing errors, and back-office personnel key
operational efficiencies, along with complete audit trail and limit history
information. We're delighted to bring our cooperative agreement with TT to
this critical product introduction phase."
Jason Shaffer, EVP Product Management at TT, commented: "After completing the
migration last year of all clients to our new SaaS TT platform, we're now able
to put more power into the hands of our customers than ever before. This is
exactly the sort of functionality our clients have told us they want to be
able to access from within the platform to streamline their operations, and it
represents the first of many integrations to come from innovative providers
such as KRM22. These two new products meaningfully enrich our overall
offering and further demonstrate our commitment to growing the value of being
on the TT network."
For further information please contact:
KRM22
plc InvestorRelations@krm22.com
Keith Todd CBE, Executive Chairman
Stephen Casner, CEO
Kim Suter, CFO
finnCap Ltd (Nominated Adviser and Sole
Broker) +44 (0)20 7220 0500
Carl Holmes / Kate Bannatyne
Alice Lane / Sunila de Silva (ECM)
About KRM22 plc
KRM22 is a closed-ended investment company which listed on AIM on 30 April
2018. The Company has been established with the objective of creating value
for its investors through the investment in, and subsequent growth and
development of, target companies in the technology and software sector, with a
focus on risk management in capital markets.
Through its investments and the Global Risk Platform, KRM22 helps capital
market companies reduce the cost and complexity of risk management. The
Global Risk Platform provides applications to help address firms' market,
compliance, operations and technology risk challenges and to manage their
entire enterprise risk profile.
Capital markets companies' partner with KRM22 to optimise risk management
systems and processes, improving profitability and expanding opportunities to
increase portfolio returns by leveraging risk as alpha.
KRM22 plc is listed on AIM and the Group is headquartered in London, with
offices in several of the world's major financial centres.
See more about KRM22 at www.krm22.com (http://www.krm22.com) .
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com
(http://www.tradingtechnologies.com/) ) creates professional trading software,
infrastructure and data solutions for a wide variety of users, including
proprietary traders, brokers, money managers, Commodity Trading Advisors
(CTAs), hedge funds, commercial hedgers and risk managers. In addition to
providing access to the world's major international exchanges and liquidity
venues via its TT® trading platform, TT offers domain-specific technology for
cryptocurrency trading and machine-learning tools for trade surveillance.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRABKQBDFBKDBND