Sumitomo Mitsui Trust Asset Management selects Virtu Financial for global execution and analytics
Virtu Financial, Inc. (NASDAQ:VIRT) today announced that Sumitomo Mitsui Trust Asset Management (SMTAM), one of the largest asset managers in Asia, has successfully deployed Virtu’s Triton Valor execution management system (EMS), Trading Analytics, POSIT Alert, and global equity execution algorithms.
The implementation leverages Virtu’s Triton Valor EMS to centralize the full global suite of investment tools including integrated Algo Wheel routing, pre-trade and post-trade Trading Analytics, RFQ, liquidity sourcing and algorithmic equity execution.
Triton Valor is the latest iteration of Virtu’s best-in-class, global, broker neutral, multi-asset EMS. Triton Valor combines Virtu’s cutting-edge liquidity sourcing, execution analytics, and workflow solutions into one unified and customizable execution interface.
In addition to Triton Valor, SMTAM leverages Virtu’s newly released, global suite of equity algorithms across Asia Pacific, Europe, Canada, Latin America, and the United States.
Douglas A. Cifu, CEO of Virtu Financial, commented:
“We are very grateful to the SMTAM team for integrating and adopting our best-in-class platform across their workflows. It is very humbling to see our multi-year investments in these products and in the important Japanese market being rewarded, and I thank all of my global colleagues for creating this important partnership with such a prestigious client.”