14 November 2016, Paris: Horizon Software, the leading provider of electronic trading solutions and algorithmic technology to the world’s exchanges, banks, brokers and fund managers, today announced that Bank Vontobel AG (Vontobel) has selected Horizon Platform for Automated Trading (HPAT) for electronic execution.

With almost CHF 187 billion under management in 22 locations globally, Vontobel already had a sophisticated and highly-automated trading platform. However, the bank’s commitment to active management of wealth and increasing demands on performance, along with changing requirements, led the bank to re-evaluate parts of its infrastructure.

Sylvain Thieullent, Horizon Software CEO, says: “It is great to welcome Bank Vontobel to our client community. Our platform is designed to provide each client with the best trading system for their technology stack and has enabled us to give Vontobel the most advanced automated trading capabilities. In addition, our platform will help Vontobel to address constant regulatory changes, such as demonstrating best execution under MIFID II. The Horizon Platform is designed to handle all aspects of electronic trading, both for agency and principal trading. The technological edge and functional richness of the platform, combined with the scripting environment, make Horizon the leaders for creating bespoke strategies and workflows.”

Horizon Platform will be used to handle retail and execution flows as well as for the development of principal trading strategies.