TransFICC

company

About

TransFICC is an e-trading technology company for banks and asset managers trading in Fixed Income and Derivatives markets.

  • 51 - 100

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$17M
Industries
Electronics,Financial Services,FinTech,Trading Platform
Founded date
Mar 1, 2016
Number Of Employee
51 - 100
Operating Status
Active

TransFICC is an e-trading technology company providing low latency connectivity for banks and asset managers trading in Fixed Income and Derivatives markets. The company resolves the problem of fragmentation in the fixed income and derivatives markets.

It does three things such as translates Execution Venue API’s to a single API. Clients connect once to TransFICC's unified API, and TransFICC manages connectivity with the electronic venues from that point, uses low-latency, scalable and secure technology, essential to keep pace with price updates and not get beaten to trade by high-frequency trading firms, and provides timestamps for price and order messages. Measured in microseconds, timestamps record when data arrives at the bank or asset manager, helping to provide an audit trail, which supports Best Execution.

TransFICC makes it easier to upgrade when venues change their application programming interfaces, compared with the enterprise systems of legacy firms, the firm claims. It also focuses solely on the business of providing market access.

TransFICC was founded in 2016 and is based in London, England, United Kingdom.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$17M £5.75M
TransFICC has raised a total of $17M £5.75M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2022 Series Unknown $17M 2 Detail
Apr 30, 2020 Series A £5.75M 2 Detail
Aug 20, 2018 Corporate Round 1 Citi Detail

Investors

Number of Lead Investors
Number of Investors
1
2
TransFICC is funded by 2 investors. Citi and HSBC are the most recent investors.
Investor Name Lead Investor Funding Round
Citi Series Unknown
HSBC Series Unknown