NEW YORK--(BUSINESS WIRE)--Tribal Capital Markets, LLC, a majority Native American owned, full service broker dealer, with over $12 million in net capital, today announced they have selected SS&C Technologies (NASDAQ: SSNC) as their strategic OMS and EMS software partner.
Tribal Capital Management (“TCM”) will use SS&C MarketTrader for seamless trading connectivity, fully integrated with FIXLink’s global trading community of 400 brokers and 350+ Institutions, to support its growing business. MarketTrader’s integrated broker algorithms presents TCM with greater trading flexibility and control as well as trading analytics to assist in finding best execution. MarketTrader will displace TCM’s third party OMS provider where lack of support was a major issue. A critical requirement for TCM was finding a robust, turnkey trading and support solution from a single provider they knew and trusted.
When asked why Tribal selected SS&C, Frank Bavaro, TCM Managing Director said, “We are in a relationship business and as such, rely upon honesty and unquestioned integrity with our clients, our external colleagues, and our employees. Tribal holds themselves and their business partners to a high ethical standard and we knew we could trust SS&C with our business.”
“We are delighted to welcome Tribal into the SS&C family,” said Bob Moitoso, Senior Vice President, SS&C Financial Markets. “We look forward to working together and supporting the TCM team as the only full-service, Native American firm in the diversity space.”
For more information on SS&C MarketTrader, check out our latest product brief.
About Tribal Capital Markets, LLC
Tribal Capital Markets, LLC, is a Native American owned boutique investment bank focused on the capital markets and serving a broad array of corporate, governmental, tribal nation and institutional investor clients. Headquartered in New York City, TCM focuses on equities, fixed income sales and trading, and capital markets. For more information view www.tribalcap.com.