Bank Vontobel selects Horizon as automated trading engine

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 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. Read more: finextra.com