London-based Interbizz is to partner information vendor Telerate Italia to provide front and middle office trading solutions to the Italian banking industry.
The companies say they are working with several Italian banks to develop systems based on the global order management tools in Interbizz's Tmora (Trade management and order routing automation) product, which will provide order routing and management.
Elizabeth Sipiere, CEO, Interbizz, adds: "Working with Telerate Italy enables us to improve both the solution and the customer service we can offer Italian users of Tmora. Our direct access to local knowledge enables us to fully understand the detailed operations of Italian banks and brokers in respect to trade order routing and management."