Forefront Communications

Intelligent Trading Technology: Enterprise Structure from Hyannis Port Research brings Buy-Side Benefits

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Mark Dowd

Mark Dowd

In April 2018, US-based capital markets infrastructure technology provider Hyannis Port Research (HPR) expanded into the European market to offer high-tech multi-jurisdictional solutions for European investment banks and major buy-side funds. With an approach based around an end-to-end offering, the firm brings its experience with the US Securities and Exchange Commission (SEC)’s Rule 15c3-5 on risk management to assist direct market access firms struggling with Markets in Financial Instruments Directive II (MiFID II) and Market Abuse Regulation (MAR) compliance.
CEO Tony Amicangioli explains: “Our clients continually struggle with a hodge-podge of legacy technologies, rapidly changing regulatory requirements, and an ever-increasing level of required technology sophistication to compete. HPR provides a break-through enterprise infrastructure that allows our clients to focus on their core value-add while HPR provides an industry leading technology platform offering agility, scalability, performance and reliability.”
The firm launched its first field programmable gate array (FPGA) pre-trade risk platform in 2013. This was followed by its flagship global market access platforms Riskbot and Softbot, which feature ultra-low latency direct market access (DMA) and pre-trade/at-trade risk management. The Riskbot appliance inspects orders travelling to and from financial markets, stopping erroneous trades that could cause disruption and uses revolutionary technology that can inspect such information in the time it takes a beam of light to travel less than 400 feet.

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