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Trading Technologies International, Inc. completes acquisition of ATEO SAS to expand into clearing and middle-office technologies

Feb 29, 2024•almost 2 years ago

Acquiring Company

Trading Technologies

Acquired Company

ATEO SAS

ChicagoParisSoftwareBankingLendingFintechFinanceFinancial Services

Description

Trading Technologies International, Inc. has successfully closed the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives. This acquisition expands TT's reach into clearing and other middle-office technologies, providing seamless access to ATEO's post-trade allocation engine integrated into the TT order management system (OMS), and positions ATEO to operate as a global managed service hosted in TT's data centers.

Company Information

Company

Trading Technologies

Location

Chicago, Illinois, United States

About

Trading Technologies International, Inc. (TT) is a global capital markets technology platform provider, offering a Software-as-a-Service (SaaS) technology platform to the global capital markets industry. The TT platform connects to major international exchanges and liquidity venues in listed derivatives, fixed income, foreign exchange (FX), and cryptocurrencies. It provides advanced tools for trade execution, order management, market data solutions, analytics, trade surveillance, risk management, and post-trade allocation to leading sell-side institutions, buy-side firms, and exchanges.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed