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INTL FCStone Selects TEO Derivatives And LISA Clearing Engine From ATEO Finance As Its Future Middle-Office PlatformCHICAGO, Oct. 16, 2018 /PRNewswire/ -- ATEO Finance, a leading provider of Post-Trade solutions for the Listed Derivatives space, is extremely pleased to announce that INTL FCStone Inc., one of the oldest and largest independent futures brokerage and clearing firms in the United States, has selected ATEO's suite of products, TEO Derivatives and LISA Clearing Engine, as its future middle-office platform for its U.S. and London-based FCM operations. LISA Clearing Engine, a state-of-the-art clearing platform, provides off-the-shelf connectivity to all major clearing houses and delivers a unique set of advanced clearing features. TEO Derivatives, a global blotter, allows traders, trading desks to allocate and confirm their trades to their end customers. The native integration between TEO Derivatives and LISA Clearing Engine provides FCMs/GCMs and executing brokers a unique coverage of their post-trade operations, real-time updates throughout the entire trade flow and a seamless integration with in-house and 3rd party systems. Jose Lopez, ATEO's Director, said: "We are extremely pleased to confirm that INTL FCStone has picked ATEO Finance as its future middle-office platform provider. As usual, in a very competitive environment, I believe the range of our products, as well as our capacity to partner with our clients made the difference. We are very pleased to welcome INTL FCStone as a new ATEO Finance customer. With ADM Investor Services, RJ O'Brien and now INTL FCStone, ATEO Finance serves 3 out of the 5 independent US brokers and 4 out of the 9 CAT1 firms on LME. This is a major milestone and clearly establishes ATEO Finance as a true alternative in the ETD middle-office space, t a time where numerous changes are happening in that space." Tim Mundt, INTL FCStone Inc.'s Global Head of Derivative Operations, said: "ATEO will enable us to more efficiently meet the needs of our customers and realize our goals for growth with a scalable solution to support our middle office operations. We appreciate ATEO's ability to understand our requirements and craft a solution to meet our needs." ABOUT ATEO FINANCE ATEO Finance delivers Post-Trade solutions for the Listed Derivative industry. Our solutions include a global blotter, real-time risk management tools and Clearing and matching system with extensive market connectivity. The world's leading banks, trading houses, and professional traders have been relying on Ateo technology since our creation in 2000. ATEO delivers the perfect blend of efficiencies and trust. We help our customers develop their business though years of experience, our advanced technology solutions, and an unparalleled sense of service. For more information please visit www.ateofinance.com or contact us at: ABOUT INTL FCSTONE Our Heritage Our Business INTL FCStone's customers include the producers, processors and end users of virtually every major traded commodity; commercial counter-parties; governmental, non-governmental and charitable organizations; institutional investors; brokers; professional traders; commercial banks; and major investment banks. For more information about INTL FCStone, visit www.intlfcstone.com.
View original content:http://www.prnewswire.com/news-releases/intl-fcstone-selects-teo-derivatives-and-lisa-clearing-engine-from-ateo-finance-as-its-future-middle-office-platform-300727303.html SOURCE ATEO Finance |