Capitolis to Enter into Collaboration with State Street’s TradeNeXus Platform

Capitolis, the leading SaaS platform that drives financial resource optimization for capital markets, announced that it will integrate with TradeNeXus, State Street’s award-winning post-trade solution.

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Via the integration, customers on TradeNeXus will be provided with access to identify optimization opportunities, eliminate large and unnecessary positions, and free up capital through Capitolis’ optimization, novation, and trade compression solutions.

Capitolis will connect to TradeNeXus’ large network of asset managers and executing banks, who electronically match, confirm, and communicate FX and Money Market settlement information.

“Now is an opportune time for Capitolis to enter into this collaboration with State Street’s award-winning TradeNeXus platform with forthcoming regulations on capital requirements impacting how financial institutions address their balance sheets,"said Gil Mandelzis, CEO and founder of Capitolis."State Street has been a fantastic partner to us for years, and we are excited to accelerate our efforts to bring optimization services to more buy-side institutions.”

“With deep capital markets expertise and an innovative technology platform, Capitolis is the ideal partner to complement the TradeNeXus offering, particularly with the implementation of new regulation in the near term,”said Louisa Kwok, Managing Director and Head of Product for TradeNeXus.“Combining Capitolis’ next-gen solutions with the TradeNeXus platform will be a critical differentiator in helping our clients optimize their workflows and post-trade processes.”

Earlier this month, Capitolis has appointed Alicia Tillman as its Global Chief Marketing Officer, with remits of building the firm’s worldwide marketing and communications strategy to drive significant brand awareness, demand, and customer growth.