Capital risk management company KRM22 PLC (AIM:KRM, OTC:KRMCF) will integrate two of its products into Trading Tecnologies' trading platform.
Trading Technologies' TT is a futures, options and cryptocurrency trading platform.
KRM22's products will be used to help traders in pre-trade and post-trade services on the TT's automated service.
In the second quarter of 2022, the group will launch KRM22 Limits Manager, an automated trading limits tracker for TT’s Software-as-a-Service platform.
It will also launch KRM22 Risk Manager, a post-trade risk service allowing traders to access real-time margin and liquidity, in the third quarter of this year.
“TT users will be able to add this important functionality without any infrastructure work or technology staff time,” said Stephen Casner, CEO of KRM22.
“KRM22 Limits Manager can bring trading staff valuable new tools for simplifying their processes and reducing errors, and back-office personnel key operational efficiencies, along with complete audit trail and limit history information.
“We're delighted to bring our cooperative agreement with TT to this critical product introduction phase."
The group's broker, finnCap, said that "with a perpetually expanding regulatory demand for risk management and the current market volatility resulting from COVID-19 and the war in Ukraine, KRM22’s suite of tools, including those highlighted in this announcement, are well placed to offer capital markets risk visualisation, prioritisation and remediation support."
"The story remains as powerful as ever, and enthusiasm will derive from proof of execution," the broker concluded.
Shares in KRM22 were up 1.15 at 45.50p in afternoon trading.
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