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: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

SOLVE Acquires MBS Source to Bolster Structured Products Offering

SOLVE, provider of pre-trade data and predictive pricing for fixed income markets, has acquired MBS Source, the data and trading solutions provider for the mortgage- and asset-backed securities (MBS/ABS) market. The acquisition, announced on October 16, 2025, aims to enhance SOLVE’s capabilities in the structured products space by integrating MBS Source’s specialised data and analytics...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...