Trading Technologies International, Inc (TT) has successfully completed the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives. The acquisition marks TT’s strategic expansion into clearing and other middle-office technologies and services.

While the specific financial details of the transaction remain undisclosed, the acquisition positions ATEO as a globally managed service within TT’s state-of-the-art data centers. ATEO’s post-trade allocation engine has seamlessly integrated into the TT order management system (OMS), offering TT OMS clients streamlined access to enhanced functionality.

The collaboration between key players, including the leadership of David Solo, a TT Board member, and the support of advisory firms like Fieldfisher, NINE58 Advisors, and Dentons, underscores the strategic foresight and expertise driving this successful acquisition.

Trading Technologies International Expands Global Presence with ATEO SAS Acquisition

ATEO SAS brings a suite of innovative products to the table, including TEO Derivatives, a global order management system tailored for pure brokerage environments. Widely adopted by some of the world’s leading inter-dealer and executing brokers, it holds a significant presence in London and beyond. Additionally, the LISA Clearing Engine, a highly utilized trade matching and clearing solution, empowers firms to navigate business transactions across global clearing houses efficiently. ATEO’s UGO further contributes to its offerings, providing gateways and standardized clearing application programming interfaces (APIs). UGO equips firms with the flexibility to develop in-house solutions through scalable trade feed standardization and high throughput for all clearing activities.

David Solo, a TT Board member, played a pivotal role in negotiating the acquisition, underscoring the strategic importance of the move for TT. Fieldfisher served as the legal advisor to TT during the negotiation process, while NINE58 Advisors and Dentons acted as financial and legal advisors to ATEO SAS, respectively.

This acquisition positions Trading Technologies International, Inc. as a formidable player in the capital markets technology landscape, enhancing its ability to provide comprehensive solutions to clients in the rapidly evolving world of financial services.

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