Tora opens European regional office

Source: Tora

TORA, provider of the industry’s most advanced investment management platform, today announced the expansion of its European presence and the hiring of David Tattan as Head of European Business Development.

Based in the company’s new regional headquarters in Jersey, Channel Islands, David is joining TORA in response to the growing demand for its integrated investment technology solution. He will be working with Chris Jenkins, who is overseeing the European expansion.

From its new office in Jersey, TORA will offer a range of specialist software solutions to its client base of asset managers, hedge funds and brokerage houses, including an Order and Execution Management system and a Portfolio and Risk Management system.

Commenting on the expansion, Robert Dykes, CEO of TORA, said: “Europe has a mature asset management industry and we feel that with the forthcoming regulatory requirements in MIFID II there will be increased demand for advanced systems such as TORA. With our emphasis on trading, compliance as well as experience in multi market jurisdictions, we are well placed to assist managers. We are also thrilled to have David joining our team as he has a tremendous amount of experience delivering investment technology and services to the asset management community, and I’m confident in his ability to demonstrate the value of our products and services to this market.”

David brings a wealth of experience in portfolio management technology, having previously worked as a Director at Barclays Investment Bank in London where he held senior positions as head of European client services and also as head of UK sales for the POINT platform. Prior to this, David held analytical roles in portfolio risk management solutions, indices and fixed income at both Lehman Brothers and IDC.

Commenting on his new role, David added: “I am delighted to be joining TORA at such a significant time in its business expansion. European asset managers are increasingly looking for investment management technology platforms that not only offer advanced features but which are also fully integrated across the investment process. TORA’s investment suite offers solutions to both these demands and I am looking forward to introducing TORA’s products and services to the European marketplace.”

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