SIGMA AI has received a minority investment from Trading Technologies (TT), marking the next phase in the fintech firm’s collaboration with the global capital markets technology provider. The deal will see SIGMA AI develop a dedicated AI and innovation hub for TT, with a focus on embedding artificial intelligence across TT’s product suite and internal operations.
This partnership builds on an earlier engagement from 2024, when TT made a smaller investment aimed at enhancing its data and analytics capabilities with SIGMA AI’s tools. With this latest move, TT expands its commitment to AI integration as it looks to transform trading workflows and improve operational efficiency.
Andy Simpson, founder and CEO of SIGMA AI, will now also serve as Head of AI and Innovation at TT. In this expanded role, he will guide TT’s AI strategy while continuing to lead SIGMA AI. Simpson brings a background in market structure and enterprise transformation across exchanges, banks, and clearing venues. He will report directly to TT CEO Justin Llewellyn-Jones.
“AI with robust governance frameworks that put security and safety at the forefront”
Commenting on the partnership, Llewellyn-Jones said, “This partnership with SIGMA AI will deliver ground-breaking AI-driven solutions to our clients through products that are faster, smarter, and easier to use, with robust governance frameworks that put security and safety at the forefront to guard against the nefarious use of this technology. It will also enhance internal productivity by giving our global teams access to innovative new tools and processes – again, in a safe and secure manner.”
The new AI and innovation hub will serve as a core unit within TT’s operations, tasked with applying machine learning and advanced data analytics across the firm’s trading infrastructure. The initiative is expected to support client-facing improvements and internal tooling across the TT platform.
Simpson said, “I’m thrilled to extend our partnership with Trading Technologies, which reflects our shared commitment to advancing AI in financial markets. I’m equally pleased to be expanding my role with TT. The AI and Innovation Hub will act as a centre of excellence, helping to embed AI more deeply across the TT platform and operations, and strengthening TT’s long-standing position as a technology leader in global trading.”
He added, “TT has long set the standard for developing cutting-edge tools for institutional traders. It’s a privilege to contribute to that progress while continuing to evolve Sigma AI’s work in delivering forward-thinking solutions for clients across the global trading ecosystem.”
The investment is the latest in a series of initiatives by TT to modernize its technology infrastructure and expand its reach in institutional markets. The firm has made AI a priority area for both customer engagement and internal transformation. SIGMA AI will continue to operate independently while acting as a core technology partner within TT’s innovation roadmap.