Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets, today announced a strategic collaboration with Coremont, a
premier provider of cloud-based portfolio management software and
multi-asset class analytics.
Tradeweb and Coremont have joined forces with plans to integrate
Tradeweb’s global fixed income execution workflows into Coremont’s
Clarion platform, a leading portfolio management solution for asset
managers and hedge funds. The integration aims to enhance fixed
income trading workflows for buyside professionals by providing
Coremont clients with access to Tradeweb’s comprehensive execution
capabilities, initially for global swaps markets.
Enrico Bruni, Managing Director, Co-Head of Global Markets, at
Tradeweb, said: “Our collaboration with Coremont reflects our focus
on supporting innovation that accelerates the shift from complex
manual workflows to fully digitized processes for hedge funds and
leading asset managers globally. We look forward to supporting the
Coremont team in maximizing the potential of their portfolio
management solution and enhancing trading workflows for their
clients.”
Jev Mehmet, CEO at Coremont, said: “As a global leader in
electronic trading, Tradeweb brings unmatched expertise in driving
automation and digitization across markets, perfectly complementing
Coremont’s technology-driven strategy. We are excited about the
significant opportunities this collaboration can unlock and look
forward to leveraging Tradeweb’s insights to bring greater
connectivity, flexibility and liquidity to these markets.”
About Tradeweb Markets
Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets. Founded in 1996, Tradeweb provides access to markets, data
and analytics, electronic trading, straight-through-processing and
reporting for more than 50 products to clients in the
institutional, wholesale, retail and corporates markets. Advanced
technologies developed by Tradeweb enhance price discovery, order
execution and trade workflows while allowing for greater scale and
helping to reduce risks in client trading operations. Tradeweb
serves more than 3,000 clients in more than 85 countries. On
average, Tradeweb facilitated more than $2.2 trillion in notional
value traded per day over the past four fiscal quarters. For more
information, please go to www.tradeweb.com.
About Coremont
Coremont provides institutional class portfolio management
software, delivering live risk, P&L and rich analytical tools
to asset managers across all asset classes including FX, rates,
credit, fixed income, equities and commodities, through its
flagship platform, Clarion. Clarion is powered by proprietary
pricing models and analytics libraries, offering market-leading
capabilities in derivatives modelling, expertly curated by a
seasoned team of quantitative specialists and risk professionals.
With offices in London, Connecticut and Hong Kong, Coremont helps
clients worldwide enhance their investment decision-making and risk
management processes. Information on Coremont’s services is
available at www.coremont.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the federal securities laws. Statements related to,
among other things, our outlook and future performance, the
industry and markets in which we operate, our expectations,
beliefs, plans, strategies, objectives, prospects and assumptions
and future events are forward-looking statements.
We have based these forward-looking statements on our current
expectations, assumptions, estimates and projections. While we
believe these expectations, assumptions, estimates and projections
are reasonable, such forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. These and other important
factors, including those discussed under the heading “Risk Factors”
in the documents of Tradeweb Markets Inc. on file with or furnished
to the SEC, may cause our actual results, performance or
achievements to differ materially from those expressed or implied
by these forward-looking statements. Given these risks and
uncertainties, you are cautioned not to place undue reliance on
such forward-looking statements. The forward-looking statements
contained in this release are not guarantees of future events or
performance and future events, our actual results of operations,
financial condition or liquidity, and the development of the
industry and markets in which we operate, may differ materially
from the forward-looking statements contained in this release. In
addition, even if future events, our results of operations,
financial condition or liquidity, and events in the industry and
markets in which we operate, are consistent with the
forward-looking statements contained in this release, they may not
be predictive of events, results or developments in future
periods.
Any forward-looking statement that we make in this release
speaks only as of the date of such statement. Except as required by
law, we do not undertake any obligation to update or revise, or to
publicly announce any update or revision to, any of the
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20250213884668/en/
Tradeweb Media Contacts: Daniel Noonan +1 646 767 4677
Daniel.Noonan@Tradeweb.com
Savannah Steele +1 646 767 4941 Savannah.Steele@Tradeweb.com
Tradeweb Investor Contacts: Ashley Serrao +1 646 430 6027
Ashley.Serrao@Tradeweb.com
Sameer Murukutla +1 646 767 4864
Sameer.Murukutla@Tradeweb.com
Coremont Media Contacts: Greg Henry
Gregory.Henry@coremont.com +1 475 550 7016
Layal Jaber Layal.Jaber@coremont.com +44 207 965 9771
enquiries@coremont.com +44 207 965 9500
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