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EVLI BANK DEPLOYS TBRICKS

EVLI BANK DEPLOYS TBRICKS

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EVLI BANK DEPLOYS TBRICKS

Finland’s Evli Bank deploys Tbricks’ next-generation trading technology for core electronic trading platform. Strategic contract underscores Tbricks’ leading position in Nordic high-performance trading infrastructure.

Stockholm, Sweden, March 7, 2011 – Tbricks, the provider of innovative highperformance trading systems, has announced that Finnish investment bank Evli Bank has deployed the Tbricks platform for trading on Nordic markets. Evli has adopted Tbricks’s next-generation technology solution as its strategic architecture for trading in listed securities, cash and derivatives markets, replacing its long-time legacy supplier.

”This strategic win establishes Tbricks as the leading supplier of high-performance trading technology for the fast-growing Nordic markets,” said Tbricks CEO Jonas Hansbo. ”Evli’s decision to reject legacy platforms in favor of Tbricks’ next-generation system serves to underscore Tbricks’ growing presence in the Nordics as the region undergoes a major shift toward automated electronic trading.”

Evli is a major participant in Nordic equities, derivatives and OTC markets. The firm, based in Helsinki, will use Tbricks for all of its trading and market-making activities. Tbricks will provide Evli with both direct (native) exchange connectivity and connections via third-party execution platforms, giving the investment bank a single, standard interface for all of its market connections.

In addition, Evli will make use of Tbricks’ new risk management module, which aggregates key values, such as option sensitivities, offering users a comprehensive view of market exposures.

Panu Jousimies, Head of Capital markets, Finland, at Evli, said the decision to implement the Tbricks solution followed an exhaustive evaluation of trading systems available in the marketplace. ”Tbricks presented us with the latest in trading technology, with the best performance and flexibility of any commercial offering,” he said.

Using Tbricks, Evli traders are now able to choose from a library of trading applications and models to suit their needs. The Tbricks framework also gives them the freedom to build own strategies, all using the same Tbricks platform.

These capabilities, the high level of service offered by the Tbricks team, and the lower total cost of ownership of the Tbricks solution compared with legacy platforms, cemented Evli’s choice, said Jousimies.

Evli is the latest respected institution to join the rapidly growing community of Tbricks clients in the Nordics. Tbricks is adding more clients than any other trading technology provider and has established itself as the market leader for high-performance trading solutions in the region.

Tbricks’ superior performance in today’s fast markets, paired with unmatched flexibility, scalability and service, make Tbricks the compelling provider of trading technologies for the Nordic markets.

For further information, contact:

Urs Rutschmann, COO Tbricks, urs@tbricks.com, +41 78 949 68 88

Panu Jousimies, Head of Capital markets, Finland, Evli Bank, Panu.Jousimies@evli.com, +358 9 4766 9135

About Evli

Evli Bank Plc is an independent investment and wealth management bank which provides wealth management, equity and derivatives brokerage, investment research and corporate finance services.

Established in 1985, Evli’s subsequent growth and success have been based on its ability to seek out solutions that provide added value for clients. With offices in Finland, Sweden, Estonia, Lithuania and Russia, Evli employs approximately 280 people. On the basis of its sound local and market knowledge, the company offers its clients individualized, high-quality execution services and solutions.

For more information, please visit: <a href="http://www.evli.com">www.evli.com</a>

About Tbricks

Tbricks was built exclusively for the purpose of automated and computer-assisted trading. It combines ease of use with extreme performance to empower the professional user. Increased control and productivity tools help capitalize on new business opportunities.

Tbricks is designed to support high frequency trading through lowest latency and unmatched scalability. The Tbricks user interface focuses on the distinct needs of both traders and trading managers, allowing them to capitalize on rapid market movements and take control of trading strategies.

A highly modular design allows for the deployment of an unlimited number of simple or complex trading strategies while maintaining extreme performance.

For more information, please visit: www.tbricks.com

Pressreleasen kommer från: Newsdesk

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