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Tbricks out-of-the-box futures trading platform provides superior speed to help improve the quality of Mandara Capital’s execution fills. Mandara Capital will also benefit longer-term, with the ability to develop proprietary strategies in a framework designed to support in-house development.
Jonas Hansbo, CEO of Tbricks, said: “Mandara Capital is the first client to take full advantage of Tbricks OnDemand which we recently launched with S&P Capital IQ. They needed a very fast and flexible trading system, but did not wish to manage a technical infrastructure. Mandara Capital will also be able to execute their plans for in-house trading development using the Tbricks trading app framework.”
Muwaffaq Salti, CEO and Head Trader at Mandara Capital, added: “We set out a rigorous evaluation of trading system vendors, looking for the fastest trading software with the capability of supporting our future plans for in-house trading development. An absolute requirement from our side was a fully hosted solution as we choose to focus on our core business rather than system support and maintenance.”
As part of a faster and more flexible solution, Mandara Capital were also looking to further improve speed-to-market through some critical infrastructure changes. This involved moving the incumbent trading engine from London to a co-location facility for ICE in Chicago, with access to native data & trading. The collaboration sees S&P Capital IQ’s QuantLINK and QuantFEED, leading real-time data & hosting services, provide both hosting and native market access to Tbricks in Chicago. Additionally, the true flexibility of the Tbricks platform and the trading app framework was a major differentiator from other trading solutions. Tbricks have also delivered two smart execution orders, tailored for futures trading.

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Entrepreneurs and established companies from different backgrounds are using technology to transform financial services across the board: from consumer finance to payments to whole new verticals such as peer-to-peer lending and crowdfunding.
Jonas Hansbo, CEO and co-founder of Tbricks, says: “I am delighted that Tbricks is listed on the FinTech 50 Watchlist. We founded Tbricks in 2006 with the vision to create a whole new breed of trading system. It was already obvious to us that the financial markets faced massive changes, fueled by innovation and new regulations. Tbricks offers clients radically new ways to automate and adapt their trading to exploit new opportunities in the wake of these changes. Tbricks very core is designed for speed and flexibility, unlike legacy systems.”
The inaugural FinTech 50 watchlist is based on the expertise of the Watchlist Panel, ten industry leaders from across the financial services and technology industry. The panel has selected the top companies that demonstrate the potential to become a game-changer in FinTech or the competitive staying power to continue being one. The list is the first of an annual exercise to track one of the fastest moving sectors in technology.

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Tbricks OnDemand is powered by QuantLINK and QuantFEED from S&P Capital IQ’s Real Time solutions. Tbricks OnDemand is a fully managed trading infrastructure with native connectivity, or DMA and normalised market data through QuantFEED, to major cash and derivatives exchanges, MTFs and brokers. Built with colocation in mind for professional traders and market makers, it is a complete package encompassing network, hardware, market data and order routing. “Offering Tbricks as a managed service enables our clients to focus exclusively on their core business and leaving all matters concerning their technology infrastructure to us” said Jonas Hansbo, CEO, Tbricks. “By using Tbricks as a managed service supplier, our clients benefit from a greatly reduced need for internal technology resources, reduced operational risk and time to market benefits.”
“The inclusion of QuantLINK and QuantFEED into Tbricks will provide its clients with distinguishing competitive advantage in terms of flexibility, low latency and performance” concluded Stephane Leroy, Vice-President, Head of Global Real Time Solutions at S&P Capital IQ. “Tbricks’ decision to employ S&P Capital IQ’s Real Time solutions, once again demonstrates the quality and reliability of our services, as recognized by the market.”
QuantLINK is a trading infrastructure combining QuantHouse proprietary fiber optic network interconnecting the heart of the exchanges with proximity hosting at the source. QuantFEED is the company’s end-to-end ultra low latency normalized market data feed.
Tbricks OnDemand can be used both by firms wishing to outsource their entire Tbricks infrastructure as well as those looking to add new market access to their existing Tbricks deployment. Tbricks OnDemand services are immediately available in Stockholm, London, Frankfurt and Chicago.

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From 1999 - 2008, Katarina worked for SunGard Front Arena, a trading systems vendor, where she held several marketing roles including Product Marketing Manager. She now joins Tbricks after five years with TradeTech Consulting, a consultancy specialized in capital markets, asset management and treasury, where she was Chief Marketing Officer.
“I am excited to join Tbricks, a highly innovative trading systems provider that is now scaling up to meet the strong demand from trading operations in need to adapt to the changing financial markets. I believe that two strong trends are working in Tbricks’ favor: electronic trading is spreading geographically as well as across asset classes, while at the same time banks and trading operations must cut costs. The need to replace costly legacy systems with a modern, fast infrastructure is urgent. I look forward to contributing to Tbricks’ continued success by building brand recognition in the capital markets’ arena, ensuring that Tbricks is the system of choice in this replacement process.” says Katarina Klangby.
“We are delighted to welcome Katarina Klangby to Tbricks” says Jonas Hansbo, CEO. “We now have a solid foundation on which to build our future expansion. Katarina’s comprehensive background in financial technology marketing will be very valuable to us in our current phase of growth. We look forward to working with her going forward.”

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