TRADING SYSTEMS

United Fintech with TTMzero Acquisition Sets Foot in the Market Data and RegTech Space

United Fintech, TTMzero | February 04, 2021

United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years.

The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world.

Founded in 2013, TTMzero developed an entirely digitized RegTech and Capital Markets Tech solutions. With having two proprietary products, its financial instruments automation platform is to digitize all the processes and workflows for securities. The real-time data analytics platform is also there to provide real-time data for many financial instruments. These products support financial institutions and capital markets participants to independently value financial instruments and enable them to abide by regulatory reporting requirements across a wide range of jurisdictions.

Over this, Christian Frahm, Founder, and CEO, United Fintech, mentioned that TTMzero is now part of United Fintech. The acquisition is a crucial milestone in helping banks digitize their operations and facilitate innovative, cost-saving capital markets and products. TTMzero currently has a healthy existence in Switzerland, Germany, and Austria. It is looking forward to working with the two founders, Sönke Blunck and Simon Ullrich, and their specialists to scale the business to broaden its global reach.

In the same vein, Simon Ullrich, Managing Partner and Head of Business Development at TTMzero, also mentions an ideal partnership. Skillset, the company focuses on developing cutting-edge technology for banks and financial institutions. The company has welcomed sales, marketing, and distribution to realize the existing platforms' full potential. United Fintech already has an impressive, experienced team in these areas and has established a fantastic global distribution network.

United Fintech is dynamic and ambitious and carries forward developing a product roadmap to capitalize on growth opportunities and leverage United Fintech’s strong strategic partnerships with leading investment banks. United Fintech has appointed two innovative team members to help with TTMzero product sales. NetDania, a leading Danish Fintech, provides market data, APIs, market terminals, charting components, and full white-labels.

Joshua Green (Senior Sales Manager UK & Ireland) and Emilia Meredith (Sales Manager) also join the firm from Bloomberg LP. Therefore, Christian Frahm concludes that United Fintech is rapidly gathering momentum. As it has only been a few months since the launch, a team of 75 people and several market-leading products for banks and financial institutions are already seeking easy access to innovative capital markets solutions.


About United Fintech

United Fintech, which launched in November 2020, enables banks and financial institutions to accelerate access to innovative digital technology from a wide range of fintechs specialising in capital markets.

Through a series of acquisitions over the next five years, United Fintech plans to build an extensive portfolio which includes trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.

Headquartered in London, United Fintech has a global sales network and regional offices in Copenhagen, New York, Dubai and Singapore. Its management team consists of world-class experts in each aspect of building, growing and scaling capital markets businesses.

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