Wells Fargo to provide quant hedge funds with revamped trading platform
November 16, 2020  The TRADE News

Wells Fargo has partnered with FinTech firm HPR to provide a new-look electronic trading platform for quantitative hedge funds clients.

The partnership will see the bank’s quantitative prime services division adopt HPR’s Unimus platform, which will include the use of its ultra-low latency direct market access (DMA) and pre-trade risk management solutions, to provide Wells Fargo’s hedge fund clients with custom trading solutions.

“HPR’s scale service architecture provides the flexibility to access solutions across the latency spectrum,” said Anthony Amicangioli, founder and CEO, HPR. “Wells Fargo understands the future of electronic trading and we are excited to partner with them to provide highly differentiated services on our unified Platform-as-a-Service (PaaS) architecture.”