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

Wedbush Futures Migrates Post-Trade Processing to FIS Derivatives Utility

Subscribe to our newsletter

Wedbush Futures plans to migrate the clearing operations processing and technology management of its exchange traded derivatives business to the FIS Derivatives Utility. The plan is to migrate this quarter with a view to gaining greater middle and back-office processing efficiency, as well as simplified regulatory compliance and application upgrades.

Wedbush, one of the largest capitalised non-bank futures commission merchants in the US, joins Barclays and Credit Suisse as clients of the utility, which provides derivatives clearing operations and technology services for trade clearing, trade lifecycle management, margin processing, brokerage, reconciliation and data management.

Bob Fitzsimmons, managing director and head of futures at Wedbush, says: “Moving to the FIS Derivatives Utility is a natural step in the evolution of our business, allowing us to focus better on delivering exceptional service to our growing client base and expanding our product and market coverage. As a valued and trusted technology provider for our clearing business, migrating our operations processing and technology management to the FIS Derivatives Utility is a natural next step in our post-trade processing evolution.”

Marianne Brown, chief operating officer, institutional and wholesale, at FIS, adds: “Today’s capital markets firms need ways to lower their costs and differentiate themselves in an increasingly competitive industry. By leveraging the FIS Derivatives Utility, Wedbush and our other clients can benefit from economies of scale delivered through the investments we have made in leading-edge automation and real-time processing technology.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Date: 21 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or...

BLOG

Tradeweb and Kalshi Announce Strategic Partnership to Expand Institutional Access to Prediction Markets

Tradeweb, the global operator of electronic marketplaces for rates, credit, equities, and money markets, and Kalshi, the world’s largest prediction market, have formed a strategic partnership to expand institutional access to Kalshi’s prediction market data. The collaboration also includes plans to support institutional-grade event contract trading via Tradeweb’s platform. The announcement brings a regulated prediction...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Complex Event Processing

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...