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

A-Team Insight People

Tourmaline Receives Investment, Hires New Executives

Subscribe to our newsletter

Tourmaline Partners, a global outsourced trading solutions firms, has received a majority investment from Copley Equity Partners, a private investment firm that focuses on established businesses with significant growth prospects. Terms of the deal are not being disclosed, but Tourmaline is projected to trade $300 billion notionally in equities in 2020, in a notable validation of the outsourced/supplemental trading model. Following the deal, the firm hired Alex Goodman (formerly at Macquarie) and Matt Sindell (formerly at Susquehanna International Group) as Managing Directors, and Darren Mazzuca (formerly at Gabelli Asset Management) as Director of Operations.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Market data in the cloud

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 where are we now, and how have the lines been redrawn? This webinar will consider progress...

BLOG

ESG Standards and Taxonomies Remain in Flux, But Order is on the Horizon

The ways in which financial institutions receive the data they need to fulfil their ESG targets is determined largely by the regulations that cover its disclosure and dissemination. This year will be an important one in this respect; changes to existing regulations, and the taxonomies on which they are based, are due to be introduced,...

EVENT

AI in Capital Markets Summit London

Now in its 2nd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Fatca – Getting to Grips with the Challenge Ahead

The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...