Trading Technologies forms Platform Services business unit
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the creation of a Platform Services business unit, bringing together the company’s global Product Development and Services teams into a single group.
Jason Shaffer assumes the new role of Chief Platform Officer with responsibility for leading the newly integrated unit.
The move represents the final organization change following the establishment of six lines of business – Futures & Options, Fixed Income, FX, Data & Analytics, Compliance and QTS (Quantitative Trading Solutions) – at the start of the year.
TT CEO Keith Todd said:
“TT is an enterprise platform business delivering its array of functionality to support capital markets trading firms. This business unit will provide the core platform on which the lines of business will build features and run all operational services. The platform, which has already handled more than 2.5 billion transactions in 2024, is the foundation of and accelerant for our current and future lines of business.”
Vasco Sousa, who has served as Chief Services Officer for nearly two years, helping develop the services team and processes, left TT at the end of September to pursue new opportunities.