New York, May 16, 2023, Orchestrade announced the signing of an alliance agreement with TCMpartners, a professional services organization focused on Treasury and Capital Markets, with offices in Latin America and Europe.
The alliance will enhance the localization, implementation, and delivery of cloud-based services around the Orchestrade platform, designed to address modern capital markets challenges. Leveraging the system, organizations can accelerate the modernization of their front, middle and back-office technology, trade new products, and increase both business and technical flexibility.
Orchestrade has a strategic focus on the largest markets, both mature and rapidly developing, where banks, hedge funds and asset managers are seeking to access new opportunities, trade a wider range of financial products, and increase operational efficiency.
These trends present distinct challenges for businesses that are constrained due to the inflexibility of legacy technology providers. Through technology stack transformation financial services companies can benefit from Orchestrade’s natively cross-asset system. The solution is uniquely designed to enable clients to bring new products and new workflows to market with exceptional speed, reducing the total cost of ownership through a single, easy-to-maintain system that interoperates with other services and retained technology more seamlessly.
Rafael Sainz, General Manager of TCMpartners commented, “We are impressed by Orchestrade’s functional depth and technology stack and are delighted to be creating this collaboration. TCMpartners will share our regional experience of country regulatory frameworks, local project management, and the integration with key business streams such as sales and trading and payment flows. We feel that Orchestrade’s cloud based cross-asset, trading and risk management system will be of real value for institutions in Europe and Latin America.“
Gordon Chan, General Manager of Orchestrade commented, “As we continue to build our growing client base, we look forward to collaborating with TCMpartners and sharing their extensive experience and knowledge of project delivery together with our award-winning platform.”
