Trading Technologies, CloudQuant Partner on Alternative Data Offering

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, announced that it has engaged CloudQuant (CQ), a premier vendor of alternative data (AltData), artificial intelligence and data integration technologies, to advise on creation of a new data business unit. 

According to the press release, the two firms have entered into an exclusive partnership to explore the delivery of data advisory services and AltData through the TT platform to TT's global user base.

Chairman & CEO at Trading Technologies, Tim Geannopulos, said:  "Through this partnership, we will leverage CloudQuant's best-in-class expertise to continue transforming TT into a real-time data powerhouse. Together, we have the opportunity to deliver alternative data that can help our clients uniquely identify trading and investment opportunities and understand market color." 

"We are excited to be selected by Trading Technologies to advise on unleashing the potential of data via our AltData expertise, services and distribution fabric. This initiative will be transformational for TT and their customers and demonstrate the continuing leadership of TT in the FinTech segment," said J. Morgan Slade, CEO at CloudQuant. 

Earlier last month, Fazzaco reported that TT has partnered with Futures Exchange FEX Global to provide the exchange's trading participants with TT's trading platform. Additionally, TT has launched connectivity to Athens Stock Exchange​ for derivatives trading.