Tullett Prebon Partners MillenniumIT for Electronic Broking Solutions
By Tullett Prebon, PRNEWednesday, March 24, 2010
LONDON, NEW YORK and SINGAPORE, March 25, 2010 - Tullett Prebon, one of the world's leading inter-dealer
brokers (IDB), and MillenniumIT, a leading technology solutions provider and
part of London Stock Exchange Group, announce that they have entered into a
partnership agreement.
Under the agreement MillenniumIT will work with Tullett Prebon
to further develop the IDB's electronic broking capabilities across a variety
of asset classes for both internal and external trading systems.
Paul Humphrey, CEO of Tullett Prebon Electronic Broking & Information,
said:
"MillenniumIT are industry leaders supplying robust and
efficient electronic trading platforms.
This partnership marks a significant milestone in Tullett
Prebon's ambitions to supply client-orientated hybrid solutions to complement
our current global electronic offering.
Tullett Prebon's strategy leverages and enhances the group's
significant IDB voice franchise with client-focused and innovative technology
delivery. This partnership demonstrates that Tullett Prebon will continue to
invest in our electronic broking capability to ensure we provide a
competitive service to our wholesale clients."
Tony Weeresinghe, CEO of MillenniumIT, said:
"We are delighted to be partnering with Tullett Prebon, one of
the world's leading interdealer brokers, to help them further develop their
electronic broking capabilities. With nearly 15 years of experience of
providing solutions to some of the largest players in the global capital
markets industry, MillenniumIT has a track record of delivering innovative,
scalable trading solutions for firms who need to be at the cutting edge of
technology, and we look forward to working with Tullett Prebon to help them
deliver the services their clients demand."
About Tullett Prebon
Tullett Prebon (www.tullettprebon.com) is one of the world's
largest inter-dealer brokers and operates as an intermediary in wholesale
financial markets facilitating the trading activities of its clients, in
particular commercial and investment banks. The business now covers seven
major product groups: Volatility, Rates, Non Banking & Sterling Cash,
Treasury, Energy, Credit, Environmental and Equities. Tullett Prebon
Electronic Broking offers electronic solutions to these products.
In addition to its brokerage services, Tullett Prebon offers a variety of
market information services through its IDB Market Data division, Tullett
Prebon Information.
Tullett Prebon has its principal offices in London, New Jersey, Hong
Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates
in Bahrain, Bangkok, Calgary, Frankfurt, Jakarta, Luxembourg, Manila, Mumbai,
Paris, Salt Lake City, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.
About MillenniumIT
Part of the London Stock Exchange Group, MillenniumIT is a
premier technology solutions provider serving the global capital markets
industry. The company's products currently power exchanges, depositories,
brokerages and regulatory bodies in the United States, Europe, Africa and the
Asia-Pacific region.
For more information please visit www.millenniumit.com.
For further information please contact: Tullett Prebon - International Media Charlotte Kirkham M:Communications +44(0)20-7920-2331 or +44(0)7989-528421 kirkham@mcomgroup.com MillenniumIT - Media Communications Shameema Akbarally +94(0)777-789777 shameema@millenniumit.com
For further information please contact: Tullett Prebon - International Media, Charlotte Kirkham, M:Communications, +44(0)20-7920-2331 or +44(0)7989-528421, kirkham at mcomgroup.com; MillenniumIT - Media Communications, Shameema Akbarally, +94(0)777-789777, shameema at millenniumit.com
Tags: London, March 25, New York, New York And Singapore, Singapore, Tullett Prebon, United Kingdom