Mantara Announces Strategic Equity Stake from UBS Investment Bank

JERSEY CITY, N.J., Sept. 15 /PRNewswire/ -- Mantara, Inc., a provider of advanced technology solutions for high-frequency trading, today announced that UBS Investment Bank has made a strategic equity investment in the firm.  

Charlie Susi, Head of Direct Execution – Americas for UBS, said: "As we examined the landscape of low-latency trading and risk management technology solutions, Mantara stands out as a fully-integrated, multi-broker, multi-asset system built from the ground up with state-of-the-art capabilities and a smart co-location footprint.  We think this relationship will help us to deliver even greater benefits to our latency-sensitive clients."  

Mantara has received growing recognition for its ability to deliver a powerful combination of low-latency trading solutions coupled with robust risk management capabilities to both buy- and sell-side institutions.  Fueled by a rising demand for its innovative expressWay™ product suite and regulatory pressure encouraging greater risk management and control of high-frequency trading, the company is poised for accelerated growth.

Michael Chin, Mantara's newly-appointed CEO, stated, "UBS has a reputation for technological excellence, client service and innovative trading capabilities.  We're very pleased to have them join us as a strategic equity partner.  We think the inherent synergies are exciting, and look forward to working with them as we further develop our next-generation client solutions."

About Mantara

Headquartered in Jersey City, NJ, Mantara, Inc. is transforming securities trading worldwide through the development and delivery of integrated, low-latency, high-speed trading and analytics solutions. With its next-generation expressWay trading platform, Mantara is positioned for leadership in the financial trading technology markets. For more information on Mantara, visit www.mantara.com

Mantara and expressWay are registered trademarks of Mantara, Inc. in the United States.

SOURCE Mantara, Inc.