About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Deutsche Bank to Pick Up Mantara Assets

Subscribe to our newsletter

Trading system vendor Mantara has filed for Chapter 11 bankruptcy protection and will see its technology pass to Deutsche Bank, one of its customers. A request to the company’s CEO Michael Chin for further information was not responded to, but it is thought that the company has essentially ceased operations.

Mantara sold Catalyst, an extensible desktop trading environment that came with its May 2012 acquisition of UNX, and ExpressWay, a low-latency EMS and pre-trade risk solution.

ExpressWay’s technology architecture was notable for its use of network processors, which offer the kind of performance advantages of FPGAs, but with much greater easy of programming. 

Apart from Deutsche Bank, Mantara’s customers included early investor UBS and Canada’s TMX Group, operator of the Toronto Stock Exchange. TMX used Mantara’s technology as the basis for its pre-trade risk solution.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Market data in the cloud

Date: 8 December 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Over the past several years, the topic of market data in the cloud has been hotly debated – latency has been an issue, which data to put in the cloud has been discussed, and lines have been drawn. But...

BLOG

ION Launches Fixed Income Execution Management System

ION, the trading, analytics, treasury, and risk management solutions vendor, has launched FI EMS, a new fixed income execution management system for both buy and sell-side fixed income traders. The new product, which expands ION’s market-making solution, is designed to ease challenges around selecting counterparties and sourcing liquidity in fixed income, by digitalising the entire...

EVENT

Data Management Summit New York

Now in its 13th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...