Banking Technology writes about Citi’s investment in TransFICC. In addition TransFICC joined Citi’s Innovation Lab in London.

Gaddie, co-founder, TransFICC, says: “Fragmentation is a significant, and growing, issue for fixed income and derivatives markets. We have built a technology solution, which addresses an industry level problem, as dealers seek to cut their costs and improve efficiency, whilst still needing to access numerous pools of liquidity.”