If you trade U.S. equities, there’s a good chance your trades have been vetted by HPR’s advanced risk management technology as, on average, 10% of daily volume passes through their ultra-low latency pre-trade risk and access gateway systems. For the past seven years, the Boston-based company formerly known as Hyannis Port Research has been quietly refining both its technology and operations. Having doubled its revenue over the preceding 12 months and expanding its offerings, HPR believes it is set to move to the forefront of the Capital Markets Infrastructure (CMI) landscape. And if all goes according to their plans, you will soon see the company as the go-to provider for high-performance market infrastructure technology.
In 2018, the firm concluded the full global rollout of its platform, with HPR now active in over 80 markets (notably Australia, where it handles approximately 15% of the market’s equities flow). Soon, HPR also expects to broaden to additional asset classes, with futures and options in the pipeline. The significant market penetration of its Riskbot platform has allowed HPR to go on a substantial hiring spree, tripling its headcount since 2015 with this growth trajectory expected to continue for the next few years.
HPR’s roots are in high-performance hardware. Founder and CEO Tony Amicangioli brings extensive experience in the data communications industry, including stints with Juniper Networks and BBN Systems & Technologies, where he led development of routers, switches and one of the industry’s first voice/data multimedia access devices. Before starting HPR, Amicangioli was CTO and managing director at Tower Research’s Lime Brokerage subsidiary, leading the development of its direct market access technology. In between, he founded one of the first cloud-focused startups.READ FULL ARTICLE