TransFICC, founded in 2015, provides e-trading API software for banks and asset managers active in fixed income and derivatives. Their product “One API for eTrading” enables a scalable and secure connection with low latency to multiple e-trading platforms, overcoming the challenges of market fragmentation and increasing regulation. In 2017, TransFICC received an initial investment from neosfer.

A promising cooperation between TransFICC and Commerzbank has been in place since 2018, in which the start-up proved to be a valuable partner for Commerzbank. Ten trading venues are currently live and in operation. A purchase order has already been issued for four further venues, which still has to be finally signed by Commerzbank.

In order to be able to push ahead with the integration process and implementation despite recurring capacity bottlenecks on the Commerzbank side, a capable third-party provider was engaged for the actual integration, and since then the cooperation has been largely smooth and efficient. Despite such challenges, the cooperation between TransFICC and Commerzbank also shows how valuable strategic partnerships can be. With the right support and the necessary resources, this collaboration can continue to bear fruit and contribute to the digital transformation in the financial sector.