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

Sea Otter Implements Itiviti’s Tbricks Platform for ETF Market Making

Subscribe to our newsletter

Sea Otter Global Ventures, a private investment firm based in New York, has implemented Itiviti’s Tbricks platform for exchange traded funds (ETF) market making on NYSE Arca. The firm is a registered market maker on the exchange and deploys proprietary models to trade international ETFs.

The Tbricks platform uses an app-based architecture and is provided with the source code for the apps, allowing users to add their own unique sets of functionality and capabilities in response to their own needs or changing market requirements. He platform also supports the fusing of latency sensitive services into a single process using Itiviti’s Speedcore technology, while retaining architectural separation between services.

Commenting on the selection of the Itiviti Tbricks platform, Hamin Abdullah, principal, Sea Otter, says: “We were impressed that the platform ships with specialised ETF apps, as well as the flexibility to customise the system by tweaking the apps. Also, latency is important for us and the platform really delivers on our performance requirements.”

Jesper Alfredsson, president Americas, Itiviti, adds: “The Tbricks platform is ideally suited to ETF market making. Our customers receive an off-the-shelf product that includes Tbricks apps along with the full source code for a truly customisable solution in terms of visualising and controlling quotes, hedging, basket executions and pricing to support complex ETF set ups.”

Itiviti worked with Sea Otter to customise the Tbricks platform, which went live earlier this year and may be the starting point for further work with the investment firm. Itiviti intends to continue investment in solutions for the ETF and equities options markets in the US, while its focus in Europe remains on equities, derivatives and its compliance platform for Europe’s Market Abuse Regulation (MAR) and Markets in Financial Instruments Directive II (MiFID II).

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: High-Performance Networks & Low-Latency Connectivity for Trading

With financial markets becoming more complex and interconnected in today’s electronic trading environment, trading firms, exchanges, and infrastructure providers need to continually push the boundaries of network performance to stay ahead. Ultra-low latency, seamless connectivity, and resilient infrastructure are no longer just advantages – to stay competitive, they’re necessities. This webinar, part of the A-Team...

BLOG

Murex Completes SOC 1 and SOC 2 Type 2 Attestations for its SaaS Platform, MXSaaS

Murex has completed SOC 1 Type 2 and SOC 2 Type 2 attestations for its software-as-a-service (SaaS) platform, MXSaaS, covering the period from July to December 2024. The examinations, carried out by KPMG, were finalized with no exceptions noted, building on the SOC 2 Type 1 attestation obtained in July 2024. These independent assessments are...

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

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...