Global Demand Catapults TS Imagine’s Bookings 72% Higher in 2022

Tuesday, 28/02/2023 | 18:36 GMT by Solomon Oladipupo

Recurring bookings boost emerged from North America, Europe and other regions.

TS Imagine attribute demand surge to technology and team expansion.

TS Imagine released its key financial highlights on Tuesday, reporting that a surge in the global demand for its cross-asset trading, portfolio and risk management solutions pushed its recurring bookings 72% higher during fiscal year 2022. Demand for the solutions shot up across all regions, the company said.

TS Imagine explained that the surge in demand is driven by client demand for a technology that can serve challenging and complex markets. Additionally, the trading solutions provider attributed the boost to the synergy created as a result of the merger of TradingScreen and Imagine Software in May 2021.

TS Imagine’s Biggest Demand Emerges from North America

Giving a breakdown of regional demands for its trading, portfolio and risk management solutions in 2022, TS Imagine noted that the greatest surge emanated from North America where recurring bookings skyrocketed 200%. Europe follows with a 50% boost in bookings, with the Asia Pacific trailing behind with 20%.

Furthermore, TS Imagine noted that demand for its execution management system (EMS) for fixed income, the TradeSmart Fixed Income EMS, quadrupled in 2022 amidst extreme bond market volatility and greater adoption of electronic trading by fixed-income asset managers. In addition, the company said the expansion of its team last year played a role in its increased recurring bookings.

Speaking about this increase in recurring bookings, Andrew Morgan, the President and Chief Revenue Officer of TS Imagine, expressed satisfaction with the company's client base of top financial institutions.

“We are the pre-eminent choice for these firms due to our true client perspective, superior products, and ability to attract talented employees. We were pleased to see demand for our platform surge in 2022 and look forward to continuing to leverage our perspective and extensive global capabilities to develop and deliver best-in-class trading and risk management solutions to our uncompromising client base,” Morgan explained.

Speaking about its plans for this year, TS Imagine disclosed that it intends to release at least two new products targeted at banks, hedge funds and asset managers. Furthermore, the company plans to make 'significant enhancements' to its existing product suite.