Databank Network is FIA Tech’s initiative to bring together independent software vendors (ISVs) , exchanges, clearing houses and other data providers into an interoperable global network simplifying the use of reference data, analytics and software solutions from participating firms. It unifies reference data from over 80 exchanges and central counterparties (CCPs), leading index providers including FTSE, MSCI, S&P, STOXX, independent software vendors and data vendors EDI and Factset. TT is the second ISV to join the network.

Andrew Castello, Head of Reference Data at FIA Tech said: “We are very pleased to welcome TT to the Databank Network and offer TT customers ready access to the industry services FIA Tech provides. As the network grows, so too will the benefits for the ISV community, further underscoring our mission to bring innovation to the derivatives industry.”

“We are happy to join the Databank Network,” said Guy Scott, EVP and Chief Revenue Officer at Trading Technologies. “Being part of FIA Tech’s global interoperable network will provide our clients with broader access to symbologies and simplified integration while further supporting Trading Technologies’ vision of being the operating system of capital markets.”

By incorporating TT symbology into the global product reference data maintained on the Databank Network, TT’s clients will be fully interoperable with all FIA Tech services as well as other ISV participants in the Databank Network. FIA Tech’s Databank provides firms with a cross reference of exchange and vendor product symbologies, which can be used by subscribers to simplify integration of systems from best of breed providers, communicate more easily with clients and counterparties and simplify integration to FIA Tech services.