VivCourt Extends Use of Itiviti Technology to Support Expansion

Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term to financial institutions Itiviti announced on Monday that Australian-based investment firm Vivienne Court Trading (VivCourt) has extended the use of its trading technology in order to support its growth.

VivCourt traded numerous products on the global financial markets, ranging from Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term to derivatives, interest rates to currencies and commodities, and more. Currently, the firm trades across Asia and is in the process of expanding into China, Brazil, and the European, Middle East and Africa (EMEA) region.

The Australia-based trading firm has been using Itiviti’s technology since 2011. So far, the investment firm has been using the tech company’s options trading technology and is now expanding its use of Itiviti’s technologies to other markets and asset classes. The statement does not specify exactly what technologies the firm will use.

Commenting on the partnership, Rob Keldoulis, Founder and Managing Director, Vivienne Court Trading said: "Our team relies on Itiviti's trading system with sophisticated options pricing and risk components, which allows us to build the customizations that we need in terms of algorithms and gateways."

"As we continue to expand our business, we need to work with a trusted vendor like Itiviti that can understand and address our needs with leading-edge trading solutions, strong sales support and services."

Itiviti continues to expand product offering

Itiviti has been actively expanding its product offering and the NYFIX network in recent months. As Finance Magnates reported, the tech provider recently announced two partnerships - one with Seed CX and another with Blaze Portfolio, in which the company has provided access to its NYFIX suite of products to the respective company’s customers.

"We are immensely proud to work with Vivienne Court Trading and thankful for their continued trust in Itiviti's solution," continued Ofir Gefen, SVP, Head of APAC at Itiviti.

"Itiviti's modern technology and architecture is highly flexible, which enables VivCourt to use essential trading components as well as to implement its unique strategies as needed. We look forward to strengthen Itiviti's partnerships with VivCourt and other firms in Asia, enabling them to seize opportunities faster.”