FIA Tech Opens London Office
Posted by Colin Lambert. Last updated: January 13, 2022
Futures technology provider FIA Tech has opened a London subsidiary – it’s first non-US office.
“The UK and Europe are core markets for FIA Tech’s customer base and London is a global hub for FinTech innovation,” says Nick Solinger, CEO of FIA Tech. “FIA Tech will be expanding in R&D and client services to support our rapid growth and London offers unparalleled access to a cutting edge FinTech talent base.”
In 2021 FIA Tech announced the investment of $44 million by 10 leading clearing firms to fund the strategic growth of the company. It has since been investing to further the development of existing products and launch new solutions to improve market infrastructure across the listed and cleared derivatives industry.
The company has recently announced a number of initiatives, including the introduction of a comprehensive set of reference data products developed together with exchanges, CCPs, regulators, and data providers to remove friction in trading futures and ease compliance with regulations. It has expanded its Atlantis service to include brokerage of US Listed Options and introduced a new FIA Tech analytics and data service offering a central source of validated data for firms to use for non-US index classifications, providing consistent market data and analytics so that market participants can come to accurate, consistent determinations.