Virtu Financial has collaborated with cloud-native investment management solution provider, Limina to enhance buy-side workflows.
The collaboration is based around Virtu’s TradeOPS platform, which automates post-trade workflows, and combines Limina’s cloud-native order and portfolio management system (O/PMS) to provide buy-side clients with access to a fully integrated front-to-back workflow.
Virtu has said that the collaboration will address recent challenges and developments in the post-trade sector affecting buy-side firms, such as settlement delays, workloads and financial penalties, as well as the upcoming T+1 settlement and financial messaging shift from SWIFT MT to MX.
Prem Balasubramanian, head of Virtu’s TradeOPS platform said: “By providing streamlined and effective solutions tailored to clients’ needs, we can significantly reduce the operational burden and allow firms to refocus on what truly matters: managing investments and driving performance.”
The offering has already seen the first client, Swedish investment management firm, Cliens, accessing the TradeOPS’ offering using DTCC-CTM through Limina’s platform.
Kristoffer Fürst, chief executive of Limina, said: “This partnership was an obvious choice to further strengthen the integration capabilities of Limina’s order management system, not only to DTCC CTM but to all venues that tie into Virtu TradeOPS including SWIFT and more.”
Technological advancements have been a key focus for Virtu in recent months, and in January 2025, Glimpse Markets integrated its trade data and dealer rankings within Virtu’s Triton EMS, with the aim of improving market insights and execution quality.
Similarly, in the same month Schroders leveraged Propellant’s fixed-income transparency data through Virtu’s global multi-asset execution management system (EMS), Triton Valor.