• Comment: LLM is prohibited under WP:NEWLLM and in any event the sources are not hitting the requirement of WP:SIRS - they immediately come across as WP:CORPTRIV since they are about funding. ChrysGalley (talk) 11:51, 20 March 2026 (UTC)


TransFICC is a financial technology company founded in 2016 that develops software for connectivity and workflow automation in electronic fixed income and derivatives trading.[1][2]

History

edit

TransFICC was founded in 2016 by Judd Gaddie, Tom McKee, and Steve Toland.[3]

In 2020, the company raised £5.75 million in a Series A funding round led by AlbionVC, with participation from HSBC and ING Ventures.[1]

In 2025, it raised $25 million in a Series B round led by Citadel Securities. Total funding was reported at approximately $50 million.[2][4]

Activities

edit

The company develops software used by financial institutions to connect to electronic trading venues and to manage request-for-quote and execution workflows.[1]

These systems are used in fixed income markets, where trading is spread across multiple venues with different protocols.[5]

In 2025, National Australia Bank used the platform in connection with its migration from Yieldbroker to Tradeweb Australia.[6]

Recognition

edit

TransFICC has received industry awards, including Electronic trading support product of the year at the Risk Markets Technology Awards.[5]

WatersTechnology included the company among winners in its Sell-Side Technology Awards in 2024 and 2025.[7][8]

See also

edit
  • Electronic trading
  • Fixed income market
  • Request for quote
  • Financial technology

References

edit
  1. 1 2 3 "TransFICC adds ING and HSBC as investors amid plans to launch buy-side service". The TRADE. 2020-04-30.
  2. 1 2 "Citadel Securities invests in TransFICC". Markets Media. 2025-10-04.
  3. "UK trading technology start-up TransFICC raises $25m Series B funding". FinTech Futures. 2025.
  4. "Fixed income trading fintech TransFICC raises $25m". Finextra. 2025-04-08.
  5. 1 2 "Electronic trading support product of the year: TransFICC". Risk.net. 2026.
  6. "TransFICC supports National Australia Bank's Yieldbroker migration to rebranded Tradeweb Australia". The TRADE. 2025-05-15.
  7. "Sell-Side Technology Awards 2024: All the winners". WatersTechnology. 2024-04-05.
  8. "Sell-Side Technology Awards 2025: All the winners and why they won". WatersTechnology. 2025-06-06.