Tass Signs Etrali for Unified Trading Communications
Along with the turrets, Tass will connect to Etrali's private cloud platform for trading connectivity to counterparts and liquidity pools, and business continuity planning services.
"Compliance and cost reduction are major themes in the industry at the moment and this solution helps us fulfil these needs," says Joerg Suchomel, head of trading at Tass. "That, combined with the fact that our traders can work from anywhere in the world with the same control as if they were on the trading floor makes Etrali Trading Solutions a perfect match for us."
The solution will enable Tass to comply with regulatory requirements on call recording as mandated by the Dodd-Frank Act, as well as reducing its total cost of ownership.
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