TransFICC

TransFICC is an e-trading technology company providing low latency connectivity for banks and asset managers trading in Fixed Income and Derivatives markets. The company resolves the significant problem of fragmentation in the fixed income and derivatives markets. It does three things such as translates Execution Venue API’s to a single API. Clients connect once to TransFICC's unified API, and TransFICC manages connectivity with the electronic venues from that point, uses low-latency, scalable and secure technology, essential to keep pace with price updates and not get beaten to trade by high-frequency trading firms, and provides timestamps for price and order messages. Measured in microseconds, timestamps record when data arrives at the bank or asset manager, helping to provide an audit trail, which supports Best Execution. TransFICC makes it easier to upgrade when venues change their application programming interfaces, compared with the enterprise systems of legacy firms, the firm claims. It also focuses solely on the business of providing market access. TransFICC was founded in 2016 and is based in London, England, United Kingdom.