TradingScreen has launched its cloud-based ‘software-as-a-service’ investment management platform which offers investment managers efficient and streamlined execution across multiple workflow streams.
Going by the name QUO, the platform is designed for wealth and investment managers to add value to clients with a lighter touch OEMS that is easy to deploy and will simplify investment management processes, from start of day file upload to order execution.
The solution allows firms with various trading systems to view all asset class activity using just one screen efficiently thanks and adjust seamlessly between different trading strategies.
QUO will be headed up by Will Lawton, former executive at HSBC, Standard Chartered and RBS, who is based in Singapore and will focus on strengthening and extending TS’s QUO offering globally.
“QUO can simplify a wealth manager’s workflow to create a seamless and more effective trade management and execution of multiple portfolios, so they can focus their efforts on delivering superior returns to investors”, said Lawton.
Pierre Schroeder, CEO at TradingScreen, commented on the launch and Lawton’s appointment: “QUO is a natural extension of the TS strategy. We believe this solution, alongside the industry experience brought by Will Lawton, will help to redefine how wealth managers and investment managers operate.”
The company has also expanded its development and technology operations to Montréal as “TradingScreen Electronic Financial Solutions Inc.” (TS Canada), bringing the firm’s physical presence into nine countries.
“After careful consideration, we selected Montréal for expansion given the breadth and quality of its human capital in the computer software and information systems development area as well as its strategic proximity to TradingScreen’s principal executive offices in New York, in a jurisdiction where the government is committed to attracting and incentivizing technology companies such as ours. We see great opportunities for TradingScreen here,” said CEO Pierre Schroeder.
Chantal Rouleau, Minister of Transport and Minister Responsible for the Metropolis and the Montréal Region, said the firm’s selection of Montréal will generate significant economic benefits for the region, including new specialized jobs in a high-tech sector.