ION expands and rebrands XTP suite 10 November 2022UK Reporter: Lucy Carter
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Software provider ION has expanded its XTP cleared derivatives platform with the addition of JANUS, a risk management solution, and Clarus CHARM, an analytics solution.
Theannouncement is in line with ION’s goal to simplify operations through workflow automation technology. The two new solutions contribute to XTP’s front-to-back offerings, which provide real-time data insights to clients.
The company has rebranded its range of cleared derivatives products under the XTP brand. ION’s front-office solution, GTP, is now XTP Execution; XTP Risk and JANUS Risk Manager together are XTP Risk JANUS; Clarus CHARM is XTP Analytics; JANUS Central Limit is XTP Central Limits; and Front-to-Back is now XTP Front-to-Back Suite.
Hishaam Caramali, group chief product officer at ION, says: “By bringing these new products together under the XTP brand, we continue to deliver a comprehensive, powerful, and recognisable suite of solutions for our cleared derivatives clients. It also creates a platform to integrate other new products into our front-to-back workflow automation offering.”
Francesco Margini, chief product officer for cleared derivatives at ION markets, adds: “XTP has strong brand equity among our customers, exchanges, infrastructure providers, and other stakeholders in the cleared derivatives industry. XTP provides the foundation for unlocking additional opportunities to deliver new products that address clients’ existing and emerging needs.”
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