tZERO ATS rebrands to tZERO Securities amid launch of investment banking business
“tZERO Securities brand reflects the broad scope of our offerings and our market-leading position.”
tZERO Group Inc., a frontrunner in technology solutions for capital markets, announced today that its broker-dealer subsidiary, tZERO ATS, is diversifying its portfolio by adding investment banking services.
Effective October 20, tZERO ATS will rebrand as tZERO Securities, a move aimed at reflecting the expanded range of services the firm is offering.
The added business lines were previously part of tZERO Markets, another subsidiary of tZERO Group. The consolidation aims to streamline workstreams for both issuers and investors, as the company continues to carve out more market share in its primary issuance and secondary trading units.
“The consolidation of services to one entity will result in a more cohesive platform for customers to seamlessly participate across business lines,” said David Goone, CEO of tZERO Group. “tZERO Securities brand reflects the broad scope of our offerings and our market-leading position.”
Investment Banking and Private Placements besides ATS for secondary market transactions
tZERO Securities will continue to operate its existing Alternative Trading System (ATS) for secondary market transactions, while also handling self-clearing operations. It will introduce new business lines including Investment Banking and Private Placements, creating a single platform addressing all investment needs.
tZERO is known for its liquidity solutions for private companies and assets. The firm has consistently provided institutional-grade services for companies aiming to digitize their capital table via blockchain technology and trade on a regulated ATS.
The newly consolidated platform under the banner of tZERO Securities is expected to bring greater operational efficiency. Meanwhile, tZERO Group will retain its focus as a holding company and leading provider of technology and tokenization services for the capital markets sector.
tZERO appointed William Andreozzi as Chief Technology Officer
Earlier this year, tZERO appointed William Andreozzi as Chief Technology Officer. He will be responsible for leading the technical strategy and direction of the company and overseeing the development of tZERO’s trading platform and other products.
With over 30 years of experience in the technology industry, Andreozzi has a proven track record of success in leading development teams and implementing innovative solutions.
The new CTO is an AWS certified Cloud Practitioner, Solutions Architect and SysOps Administrator including security industry experience, and having developed several patented technologies. He is a skilled communicator successful at building and strengthening relationships across corporate functions and varied targeted audiences.
William Andreozzi has been a public speaker for blockchain, machine learning, TensorFlow and AWS Kinesis. He previously worked at Microsoft, Towncompass, ANC, Seattle Seahawks, Global Coalition for Efficient Logistics amongst other early to later stage companies.