STOCKHOLM, June 10, 2014 /PRNewswire/ --

Recruits Matteo Carcano to strengthen local presence

Tbricks (http://www.tbricks.com) opens a new office in Milan, Italy as the company continues to establish strategic local presence throughout Europe and the U.S. amidst strong customer demand.

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Tbricks' market share, revenues and overall size continue to grow, and the company remains committed to reinvestment. Establishing a presence in Italy enables Tbricks to meet increasing demand for its next-generation trading technology across Southern Europe. Local coverage improves customer communication that drives the product innovation cycle and Tbricks new office will have active engagement with banks, trading and market making institutions throughout the region.

Tbricks' Italian office will be headed by Matteo Carcano, a senior executive with extensive industry experience. Prior to joining Tbricks, Matteo was the COO of Orc Software where he had also served as General Manager Italy and EMEA President. He was previously the General Manager of OMX Technology, Italy.

"I am proud to welcome Matteo Carcano as Managing Director of Tbricks' Italian office," says Jonas Hansbo, CEO Tbricks. "After nearly two decades of serving global financial institutions, Matteo combines international expertise with a thorough understanding of the specific requirements of trading organisations in Southern Europe. With this background, Matteo has the capacity to match Tbricks' unique benefits to the needs of traders and market makers in this region."

"I am very excited to establish Tbricks' presence in Milan, and to represent the company's ground-breaking financial technology to customers in Italy and Southern Europe," says Matteo Carcano, MD Tbricks Italy. "I am impressed not only with the technology, but also with the trading business skills of Tbricks' employees. They are technical experts who can speak the language of traders, quants and market makers, as well as IT teams, allowing Tbricks to thoroughly understand their needs and tailor the perfect solution."

Tbricks' technology represents a new paradigm in trading platforms, one that meets the needs of complex and cost-sensitive organisations by combining the best of buy and build.

Tbricks Italian office opens in June, 2014. It is located on Piazzale Biancamano 8, 20121 Milan.

About Tbricks 

Tbricks provides the next-generation trading system that empowers the professional trader. Tbricks delivers an open, solid and very fast core platform complemented by a rich set of trading apps. Tbricks supports premier trading and market making institutions in Europe and North America.

For further information, contact:
Matteo Carcano, MD Tbricks Italy, matteo@tbricks.com, +39-02-6203-2109
Katarina Klangby, CMO Tbricks, katarina@tbricks.com, +46-70-483-7402

SOURCE Tbricks