<p>TS Imagine released
its key financial highlights on Tuesday, reporting that a surge in the global
demand for its cross-asset trading, portfolio and risk management solutions pushed
its recurring bookings 72% higher during fiscal year 2022. Demand for the solutions
shot up across all regions, the company said.</p><p>TS Imagine explained
that the surge in demand is driven by client demand for a technology that can
serve challenging and complex markets. The trading solutions provider also
attributed the boost to the synergy created as a result of <a href=”https://www.financemagnates.com/institutional-forex/technology/tradingscreen-and-imagine-team-up-for-risk-management-and-pre-trade-compliance/” target=”_blank” rel=”follow”>the merger</a> of TradingScreen and
Imagine Software in May 2021.</p><p>TS Image’s Biggest Demand Emerges from North America </p><p>Giving a breakdown of
regional demands for its trading, portfolio and <a href=”https://www.financemagnates.com/terms/r/risk-management/” class=”terms__main-term” id=”aedb745c-adf9-415f-97e2-ee56a920f0f8″ target=”_blank”>risk management</a> solutions in
2022, TS Imagine noted that the greatest surge emanated from North America where <a href=”https://www.financemagnates.com/tag/bookings/” target=”_blank” rel=”follow”>recurring bookings</a> skyrocketed by 200%. Europe follows with a 50% boost in
bookings and Asia Pacific trailing behind with 20%. </p><p>Furthermore, TS
Imagine noted that demand for its <a href=”https://www.financemagnates.com/thought-leadership/why-fx-algo-execution-is-the-future/” target=”_blank” rel=”follow”>execution management system</a> (EMS) for fixed
income, the TradeSmart Fixed Income EMS, quadrupled in 2022 amidst extreme bond
market <a href=”https://www.financemagnates.com/terms/v/volatility/” class=”terms__secondary-term” id=”7fd330d9-8855-4c31-9770-cb52b328c117″ target=”_blank”>volatility</a> and greater adoption of electronic trading by fixed income
asset managers. In addition, the company said the expansion of its team last
year played a role in its increased recurring bookings.</p><p>Speaking on the boost
in its recurring bookings, Andrew Morgan, President and Chief Revenue Officer
of TS Imagine, expressed satisfaction at the company’s client base of top financial institutions.</p><p>“We are the
pre-eminent choice for these firms due to our true client perspective, superior
products, and ability to attract talented employees. We were pleased to see
demand for our platform surge in 2022 and look forward to continuing to
leverage our perspective and extensive global capabilities to develop and
deliver best-in-class trading and risk management solutions to our
uncompromising client base,” Morgan explained.</p><p>Speaking on its plans
for this year, TS Imagine disclosed that it intends to release at least two new
products targeted at banks, hedge funds and asset managers. The company also
plans to make “significant enhancements” to its existing product suite.</p>
This article was written by Solomon Oladipupo at www.financemagnates.com.
