TTMzero

TTMzero, founded in 2013 as smarttra.de GmbH by former investment bank colleagues Dr. Sönke Blunck and Simon Ullrich, is a financial technology firm specializing in Regulatory Technology (RegTech) and Capital Markets Technology. The founders identified a market need for real-time valuation technology as early as 2008, anticipating the challenges financial institutions would face in an increasingly regulated environment following the financial crisis. Ullrich's experience on the trading floor, including time at the Chicago Board of Trade, highlighted the excessive time spent on compliance and risk control, sparking the idea for a technology-driven solution. The company rebranded to TTMzero GmbH in October 2019.

The firm operates on a business-to-business model, providing a range of data products and Software-as-a-Service (SaaS) solutions to financial institutions such as banks, asset managers, and institutional investors. Its client roster includes prominent names like Citigroup, Morgan Stanley, and Commerzbank. Revenue is generated through these technology offerings, which help clients manage risk, automate workflows, and comply with regulations like MiFID II and PRIIPs. A significant milestone occurred in February 2021 when United Fintech acquired a 25% stake, which was increased to a 51% majority ownership by May 2023 to help TTMzero scale and expand its global reach.

TTMzero's core offerings are built around a proprietary derivatives pricing engine. One key product is the Financial Instruments Automation Platform (FIAP), an all-in-one solution that automates the entire lifecycle of financial instruments, from issuance and KID production to post-trade management and regulatory reporting. Another major service is its real-time data analytics, providing evaluated real-time prices for over 8,000 assets and calculating approximately 100 key figures and risk indicators for structured products. Additionally, the company offers a Fair Value Pricing service that uses a mark-to-model methodology to provide independent valuations for illiquid and hard-to-value instruments.

Keywords: RegTech, Capital Markets Tech, financial data, regulatory reporting, compliance, derivatives pricing, financial instrument automation, real-time analytics, fair value pricing, mark-to-model, MiFID II, PRIIPs, SaaS, risk management, workflow automation, investment banking solutions, asset management technology, securities lifecycle management, evaluated real-time prices, structured products