Todd settles into life in charge of Trading Technologies Keith Todd became late last year the new chief executive of Chicago-based Trading Technologies. Speaking to Luke Jeffs one month into his tenure, Todd outlined his plans to consolidate the firm’s dominance in listed derivatives trading software while exploring new products, markets and client segments. There aren’t many people in derivatives who know more about building a software business than Keith Todd. Cutting his teeth in telecoms where he rose to become head of ICL before it rebranded Fujitsu Services, Todd arrived in derivatives as executive chair-
Winter 2021/22
man and chief executive of FFastFill, which he sold in 2013 to TT’s main rival ION Group. More recently, he founded and ran KRM22, a tech firm with an innovative take on risk, and then became on December 21 chief executive of Trading
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Technologies, when private equity consortium 7Ridge comprising Cboe Global Markets and Singapore Exchange (SGX) completed its acquisition of TT. The value of the deal was not disclosed but SGX said when the deal broke in late October it was investing about $200m (£146m) in the closed end fund set-up to complete the acquisition. Speaking to Global Investor in late January, just one month into his new role, Todd is rising to the challenge. “If you think about everything that Trading Technologies has been through recently, such as the multi-year technology transformation to Softwareas-a-Service (SaaS), the whole COVID environment -- and to make it more interesting, a nearly two-year sales process -- it wouldn’t be surprising to find everyone debilitated, shattered and with low energy, but I am pleased to say TT is in great shape, and I have found the staff remarkably engaged,
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DERIVATIVES
ANALYSIS: KEITH TODD, TRADING TECHNOLOGIES
