Iress Partners with Interop.io for Enhanced Trading Environments

Iress Trading and Market Data (TMD) has announced a strategic partnership with interop.io, a leader in smart desktop interoperability. This collaboration aims to provide financial institutions with greater control over their trading environments.

The partnership seeks to support financial institutions and firms in modernizing, unifying, and streamlining trading environments, including legacy infrastructure and services, without requiring a complete replatforming. The stated goal is to facilitate faster and smarter trading workflows across various asset classes, regions, and trading strategies.

Specifically, the collaboration is intended to reinforce Iress TMD's commitment to delivering flexible and scalable trading and market data infrastructure. It also aims to support client firms in meeting evolving market demands and challenges, such as extended market hours, faster settlement (T+1), increasing regulatory oversight, and the need for robust and resilient operations. Furthermore, the partnership is expected to underscore more efficient trade execution and transaction workflows through ease of integration and interoperability with other platforms, ultimately providing users with a more timely, holistic, and integrated view of trading activity to support informed execution and efficient post-trade processing and regulatory reporting.

Michael Barbera, Executive General Manager - Product & Development at Iress, commented on the partnership: "This partnership marks a key milestone in Iress' focus and reinvestment in trading technology. Through MyIress, we're delivering a more scalable and personalised future, empowering clients to tailor their workflows, operate seamlessly across markets and time zones, and stay ahead in an increasingly complex, fast-moving landscape."