As the world adopts more and more technology, so too will the large businesses of the world adapt to it in order to gain more profits. This was what happened when Vivienne Court Trading (VivCourt) was announced to be making use of the technology provider Itivity’s trading technology to support its growth.
VivCourt has been trading numerous products across the global financial markets. They have a hand in everything from derivatives, currencies, equities, commodities, and interest rates, and that’s not even everything. The firm is currently trading across Asia but has been in the process of expanding. This expansion will allow them to reach Brazil, China, and the EMEA (European, Middle East, and Africa) region.
VivCourt has already been using the Itiviti technology for almost eight years now, but only to a limited degree. The Australia-based firm had only been using the Itivity’s options trading technology, but now they plan on using more of the tech firm. These plans entail other markets and asset classes. While this statement has been made public, the exact details of it are missing. This lack of information makes it impossible to tell what technologies they will implement, other than it’s from Itivity.
Rob Keldoulis, Founder and Managing Director of Vivienne Court Trading, commented about the partnership. He stated that his team has been relying on Itivity’s trading systems. Their risk components and sophisticated options pricing, among others, allow VivCourt to build customizations. These customizations are needed for things like gateways and algorithms.
Keldoulis went on, saying that as VivCourt expands its business, the company needs a trusted vendor like Itiviti. They need someone they can work with that understands and addresses the company’s needs with cutting-edge trading solutions, strong services, and sales support.
Ofir Gefen, Senior Vice President and Head of Apac within Itivity, released a statement about the matter. He explained that Itivity is immensely proud to work with Vivienne Court Trading and that they are grateful for their continued trust in his company’s solutions.
He continued by saying that Itivity’s technology and architecture are both modern and flexible. This enables companies like VivCourt to implement key trading components as well as implementing their unique strategies. He expressed his excitement for Itiviti’s partnerships with, besides Vivcourt, other firms in Asia.
VivCourt isn’t Itivity’s only move as the company aggressively expands its product offering and NYFIX network these past few months. The tech company has already announced two other partnerships: One with Blaze Portfolio and another with Seed CX. The company provided access to its NYFIX product suite for both these companies’ customers.
What will happen as Itivity and Vivcourt expand further into the world will be interesting to see. More than likely, they’ll take their place among the many other exchanges already established in the region. Hopefully, the expansion will pan out for the pair.