Logicscope and Elysium form alliance

Source: Logicscope

Logicscope Limited, a leading provider of post trade solutions to financial institutions and market participants has entered into an alliance with Elysium Technology Group (Elysium), an innovator in exceptional real time technology, to deliver mutually-enhanced post trade solutions to sell and buy-side customers.

Logicscope's award-winning TradeSTP suite of post trade solutions connect the world's trading venues (banks, ECNs, exchanges, aggregators) with their customers (banks, hedge funds, asset managers, corporates), delivering superior front to back STP solutions. TradeSTP delivers seamless, guaranteed deal notification of multiple traded assets (FX, metals, futures and options, equities, interest rate, fixed income and exchange traded instruments) from over 50 trading venues to over 850 customer side middle and back office applications.

Built from the ground up, Elysium's MPTracker suite of products provides a complete FX post-trade processing, risk management and customised client reporting solution to institutional FX market participants including Hedge Funds, Banks, Asset Managers, CTAs and Proprietary Trading Firms. Its latest application, FX Mission Control 3.0 - a live cloud-based dashboard supporting any FX operation - delivers more leading edge technology to the industry.

Nick Dyne, Logicscope founder and Head of Business Development said: "Elysium Technology Group is a natural partner for Logicscope. We are delighted to have the opportunity to combine our respective expertise to create superior front to back connectivity and workflow solutions. In particular, we look forward to realising the benefits arising from our mutual distribution agreements to offer enhanced solutions to the Hedge Fund and Prime Broking communities".

Ed Mount, co-founder of Elysium Technology Group, added: "There is a lot of synergy between our business strategies and technology solutions and I am confident that we can each add value to the other's client offering. Like Nick, I look forward to developing our working relationship and combining our talent and expertise to leverage new market opportunities."

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