Key Takeaways VIRT teams up with Limina to enhance post-trade processing via TradeOPS and cloud-based integration. The partnership targets reduced errors, lower compliance costs and broader market reach for VIRT. VIRT saw 39.6% and 23.5% YOY gains in net trading income for market-making and execution services.A global trading technology firm, Virtu Financial Inc. (VIRT) , recently announced a partnership with Limina to provide a smooth, end-to-end trade processing experience to reshape post-trade workflow ...

Core Insights - Virtu Financial and Limina have announced a strategic collaboration to enhance Virtu's TradeOPS platform, aimed at improving post-trade workflows for buyside firms [1][2]. Group 1: Collaboration Details - The collaboration focuses on integrating Virtu's TradeOPS with Limina's cloud-native Order and Portfolio Management System (O/PMS), providing a fully-integrated workflow for clients [2]. - The first joint client, Cliens, is already utilizing the combined capabilities of Virtu's TradeOPS and Limina's platform [3]. - The partnership aims to address operational challenges introduced by recent changes in post-trade settlement processes, such as the shift to T+1 [4]. Group 2: Company Profiles - Virtu Financial is a leading financial services firm that offers execution services, data analytics, and connectivity products across multiple asset classes and global markets [6]. - Limina provides a modern Investment Management Platform designed to enhance productivity and manage operational risks for investment managers [7]. - Cliens is a Swedish active fund manager focused on delivering long-term high returns through various investment strategies [8].