Last checked at 15 Mar 2022 07:00
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.
About Trading Technologies
Trading Technologies (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.