TORA has expanded its UK presence with a London office and new hires Peter Rank and Chris Hopton as it goes from strength to strength in Europe.
Peter Rank has been brought on as Sales Manager, Europe, joining TORA from AxeTrading and Bloomberg AIM where he worked with clients across Europe.
Reporting to David Tattan, the Head of Sales for Europe, Peter Rank is in charge of driving new client acquisition for TORA’s software solutions.
Chris Hopton was appointed Professional Services Manager at TORA. He joins from Trading Screen, where he was a Senior Account Manager, and SS&C where he was responsible for delivery of fund solutions to his clients.
He will be joining the global team of professional service managers to help TORA to continue to provide software and workflow solutions, fast onboarding and leading service to global institutional investors.
Chris Jenkins, Managing Director at TORA, commented: “We are excited to open the new London office, the company has seen substantial growth over the past 18 months with our expansion into new asset classes, an all-in-one front to back trading solution and new generation PMS.”
“We are gaining solid momentum in Europe with our traditional equity as well as FX and Fixed Income markets. These hires are key to ensuring the company is positioned correctly with the right talent and jurisdictions, so that we can continue to deliver our clients the most innovative products and elite client service.”
TORA has been leading the way with its OEMS & PMS offering that cover execution, allocations, risk control, order management, real time general ledger, positions-keeping, P&L monitoring and SWAP finance modelling.
The platform can also provide detailed reports, compliance management & advanced analytics with broker-neutral equity pairs algo suite. The system integrates with brokers, trading venues, custodians, prime brokerages and trade matching providers across the globe.
In July 2021, DMA Prime selected TORA’s OEMS and outsourced trading service as part of the rapid expansion of their outsourced dealing services in South Africa and the need for a scalable multi-asset global execution technology solution to help meet that growth.
DMA Prime provides execution and prime brokerage services to institutional asset managers in South Africa. Its execution desk is also deploying TORA’s outsourced trading desk to supplement their global market reach with TORA traders working in multiple time zones to execute orders.
The order execution management system provides advanced tools for clients trading equities, futures, options, bonds and FX in a unified system.
The OEMS delivers pioneering trading functionality including order execution, order allocation management, automated broker order routing, pre-trade risk controls, real-time position management and P&L tracking.