Itiviti sees growing demand for modern technology

Rob MacKay, the chief executive officer of Itiviti, reflects on a challenging year for the firm and its clients, adding that Itiviti moved seamlessly to support customers remotely and deliver a strong performance for the period. It was this performance that contributed to Itiviti winning the FOW Equity Trading Solution of the Year award for its Sell Side Order Management System

Looking ahead, MacKay said large banks and other financial firms are looking for modern technology solutions and this trend has only accelerated following the financial disruption caused by the pandemic. He believes that firms using legacy solutions were constrained by the COVID-19 lockdowns, whereas those using modern technology enjoyed much greater flexibility.

MacKay suggests there is a “generational overhaul” taking place in capital markets technology focused on order management systems and multi-asset class trading solutions. Itiviti is looking to capitalise on these opportunities by investing further in portfolio trading and fixed income trading as well as on behalf of its ETF, Delta One and Vol trading businesses.

To listen to the full interview with the Itiviti chief executive, click here.