Trillium Labs, founded in 2014 by pioneers in electronic trading, is a global technology company focused on delivering innovative and powerful RegTech solutions that also give our clients a simple and intuitive user experience. Surveyor, our flagship product, powers best execution and trade surveillance compliance globally. We deliver real-time actionable insights across equities, derivatives, fixed income, and crypto trading activity so organizations can build a culture of compliance while continuing to drive their business growth. Surveyor is the only patented solution that uses full depth-of-order book which addresses and dramatically reduces false positives.

Our mission and values

Surveyor’s mission to detect accurately and display intuitively is a testament to Trillium Labs’ dedication to provide an all-in-one, accessible and intelligent solution to trade surveillance. Our team designs products that grow alongside the ever-evolving regulatory landscape so that our customers can act as stewards of the marketplace and keep our global markets robust and vibrant. Our goal is to free up the time and resources of our clients’ compliance, legal, and development teams so that they can focus on building a culture of compliance while growing their businesses.

We are constantly working with our customers and listening to their needs and feedback to iterate and build a product that companies not only need, but also want to use. We utilize engagement surveys, roundtables, and frequent one-on-one meetings to drill down on what is important to our customers. We partner with our customers to discuss their future roadmaps and priorities to ensure that we can provide timely, dependable solutions that will directly benefit their growing businesses.

In a fast-paced market, frustrations can be magnified. We’ve been there, so we prioritize our customers by providing human support and attention. The team invests time with each of our customers to establish a true partnership and to maintain open lines of communication. While customers know they can reach out to us to quickly address any questions they have, they also often reach out to us to brainstorm solutions to issues they are seeing or even to check in and catch up. Since we view our customers as partners, their success is our success.

Looking to the future

Trillium Labs is constantly expanding Surveyor to ensure our customers have a comprehensive tool kit to accommodate their diverse business needs. Already this year we have deployed a supervisor module to address FINRA’s 3110 rule and have enhanced our Best Execution offering to include dynamic and interactive visualizations. We will continue to grow our product offering in line with our customers’ needs, with the deployment of a cryptocurrency trade surveillance offering and increased global coverage. We know that compliance isn’t a one size fits all, especially with the fast-evolving nature of the regulatory landscape.  This is why it’s so important to work with a firm like Trillium Labs that is able to tailor its solution to solve its customers unique needs. Both Surveyor and the Trillium Labs team were built with this in mind, ensuring that our customers’ trade surveillance platform and our technical support fit their individual needs.

To learn more about Surveyor or to request a free demo, visit trlm.com/surveyor.

Originally published in Global Brands Magazine. 

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New York, NY — Trillium Labs, a pioneering financial technology service provider, announced today that Figure Technologies Inc. (Figure), a leader in transforming financial services through the power of blockchain, will now use Trillium Labs’ Surveyor enterprise trade surveillance solution for the Figure ATS, an alternative trading system that is registered with the U.S. Securities and Exchange Commission (SEC) and that is part of Figure’s Marketplace trading platform. Figure Technologies is the first blockchain client of Surveyor, which has been steadily growing its digital asset coverage.

“After launching the Figure ATS, we knew a trade surveillance partner was needed who could provide the necessary support that would allow us the ability to effectively monitor for unique behavior and activity. The Surveyor enterprise trade surveillance solution enables us to continue fulfilling our regulatory obligations, while also helping protect the integrity of the Figure ATS,” said Brian Vecchio, Figure Marketplace’s BSA/AML Officer.

Director of Product Melissa Watras said, “We are beyond honored to have Figure as our first Blockchain client. As digital assets continue to become more regulated, this partnership brings the unique opportunity to prepare the industry for the next generation of compliance and regulatory software.”

Surveyor’s value proposition uses a two-fold approach to reduce your organization’s trade surveillance costs. First, Surveyor’s patented full depth of book detection algorithm reduces false positives while our advanced end-to-end workflow functionality eliminates time wasted managing false positives. Second, Surveyor’s engineering team manages both data connections and data normalization, freeing up your resources to focus on development to support revenue generation.  A compliance tool built with the compliance officer in mind, learn more about Surveyor here.

About Figure       

Figure is transforming financial services through blockchain, bringing speed, efficiency, and savings to both consumers and institutions. Figure continues to unveil a series of fintech firsts across the capital markets, investment management, and banking and payments sectors. Figure leverages Provenance for loan origination, servicing, financing, and now private fund services. The company was founded in 2018 by serial technology entrepreneur Mike Cagney, who also founded SoFi and built the company into a multi-billion-dollar business under his leadership as CEO. Learn more at www.figure.com.

About Trillium Labs 

Founded in 2014 by electronic trading pioneers, Trillium Labs is a financial technology company dedicated to delivering innovative RegTech solutions built to be accurate and intuitive. Surveyor, our flagship product, powers best execution, and trade monitoring and detection software on a global scale. We deliver actionable insights in real-time across equities, derivatives, fixed income, and crypto markets, allowing organizations to fully adhere to current guidelines and regulations without disrupting their business growth objectives. Surveyor is the only patented solution to use a full depth-of-order book to significantly reduce false positives. Surveyor’s mission to “detect accurately, display intuitively” is the core pillar of Trillium Labs’ dedication to providing trusted solutions to the ever-evolving financial landscape. To learn more, visit www.trlm.com/surveyor.

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NEW YORK, NY – Trillium Labs, a pioneering financial technology service provider, has relaunched an enhanced version of their best execution tool, one of many offerings for their post-trade surveillance software, Surveyor. This latest upgrade provides customers with advanced and intuitive visualizations, highlighting key metrics to accurately monitor execution quality. Using full depth-of-book market data, users can analyze pricing outliers and execution quality on the most granular level and display them with customizable charts, making it easier than ever to protect their business and their clients’ best interests.

“The latest iteration of our best execution software was built to bridge the gaps our customers have been experiencing in the industry de facto solutions. The upgraded technologies optimize required quality analysis and feature additional functionality to ensure financial institutions have a holistic, and commercial, best execution solution.”  – Melissa Watras, Director of Product at Trillium Labs

Trillium Labs offers a suite of trade compliance products and services including SEC Rule 605/606 regulatory reporting, cross-product comparisons, and best execution, all powered by Surveyor, a robust post-trade compliance workflow solution.

About Trillium Labs 

Founded in 2014 by electronic trading pioneers, Trillium Labs is a financial technology company dedicated to delivering innovative RegTech solutions built to be accurate and intuitive. Surveyor, our flagship product, powers best execution, and trade monitoring and detection software on a global scale. We deliver actionable insights in real-time across equities, derivatives, fixed income, and crypto markets, allowing organizations to fully adhere to current guidelines and regulations without disrupting their business growth objectives. Surveyor is the only patented solution to use a full depth-of-order book to significantly reduce false positives. Surveyor’s mission to “detect accurately, display intuitively” is the core pillar of Trillium Labs’ dedication to providing trusted solutions to the ever-evolving financial landscape. To learn more, visit www.trlm.com/surveyor or reach out to marketing@trlm.com.

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NEW YORK, December 1, 2022 –  Trillium Labs’ trade surveillance solution, Surveyor, was named “Best Trade Surveillance Solution” at the RegTech Insight Awards USA 2022. The awards recognize both established solution providers and innovative newcomers providing RegTech solutions that have successfully improved firms’ ability to respond to evolving and ever more complex regulatory requirements across the global financial services industry.

“We are really proud of this award. Our team has been hard at work all year building out new product features and capabilities for our customers and this award is truly a testament to that effort.” – Melissa Watras, Director of Product – Surveyor.

“Congratulations to Trillium Labs for winning the Best Trade Surveillance Solution award in this year’s A-Team Group RegTech Insight Awards USA 2022. These awards celebrate providers of leading RegTech solutions, services, and consultancy across North America. The winners are selected by A-Team Group’s RegTech Insight community and demonstrate exceptional creativity in building solutions that solve regulatory challenges” – Angela Wilbraham, CEO of A-Team Group.

To see the full list of winners, visit RegTech Insights Award Winners 2022

About Trillium Labs 

Founded in 2014 by electronic trading pioneers, Trillium Labs is a fintech company and creator of Surveyor, a trade surveillance and best execution software designed to detect and eliminate market manipulation. We deliver actionable insights in real-time across equities, derivatives, fixed income, and crypto markets, allowing organizations to fully adhere to current guidelines and regulations without disrupting their business growth objectives. Surveyor is the only patented solution to use a full depth-of-order book to significantly reduce false positives. Surveyor’s mission to “detect accurately, display intuitively” is the core pillar of Trillium Labs’ dedication to providing trusted solutions to the ever-evolving financial landscape.

To learn more, visit www.trlm.com/surveyor or contact sales@trlm.com to schedule a demo.

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NEW YORK, December 15, 2022 – Trillium Trading, a leading proprietary trading firm headquartered in New York City, announces Benjamin (Ben) Baller to be appointed as Managing Director of Trading, effective January 2023. In this role, Baller will oversee the health of the trading floors and the development of both the analytics department and trader training programs. Since joining the firm in 2008, Baller has been an integral part of the Trillium team and brings a wealth of knowledge and experience as a trader and a trainer.

“I’m thrilled to have such an incredible opportunity,” commented Baller, “I want to provide the support, resources, and training necessary to take our already amazing traders to the next level and I’m confident we can push Trillium to new heights.”

Baller will immediately look to augment the trading operation by focusing on qualitative analytics and hopes to energize the firm through open and transparent collaboration across all levels. With support from a seasoned management team and highly skilled, in-house engineers, the firm expects this role to be instrumental to the development of its junior traders as well as future recruiting initiatives. Trillium is committed to heavily investing in all its traders to ensure they are professionally and personally fulfilled.

Lee Maschler, Found of Trillium added, “Ben’s unwavering commitment to enhancing Trillium’s trading department, with special emphasis on optimizing trader development and experience will greatly bolster Trillium’s ongoing success and reputation as one of the best places to trade.”

About Trillium

Trillium is a leading proprietary trading firm committed to providing traders with long and lucrative careers. By funding all trading with the firm’s capital and investing more in training and technology than any competing firm, Trillium is the place where traders can reach their highest potential. Trillium is headquartered in New York City, with additional trading floors in Chicago and Miami. To learn more about Trillium, visit www.trlm.com.

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January 2023 — The Trillium Team gathered in New York City to celebrate its employees and top-performing traders. It was a commemorative night with awards, speeches, entertainment.

Trillium Trading Awards Dinner

January 12th, 2023 — Trillium hosted its annual firm-wide Awards Dinner celebrating individual and collective achievement. This year’s event was held at the historic Ziegfeld Ballroom, in New York City, with traders from the Chicago and Miami offices also in attendance.

The evening featured a number of speeches and awards, including the Spirit of Trillium, the Top Trainer of the Year, and the coveted Trader of the Year award. The awards were presented by members of Trillium’s esteemed management team.

The ceremony commenced with a speech filled with gratitude and excitement from Trillium’s founder, Lee Maschler, followed by spirited remarks from both Barry Schwarz, Trillium’s CEO, and Howard Teitelman, Trillium’s Chief Strategy Officer. The event proceeded with featured video interludes from various members serving as quality entertainment and an eloquent transition to the award presentation. Ben Baller, Trillium’s recently appointed Managing Director of Trading, presented the trader awards with several receiving accolades for their loyalty and tenure, most notably Alphonse Soued, a veteran trader who’s now been with the firm for 20 years. The ceremony’s conclusion was marked with the honor of Trader of the Year bestowed upon Nathan McWilliams; a trader previously recognized in 2019 as Rookie of the Year.

Trillium appreciates every opportunity to recognize, honor, and celebrate the exceptional performance of its traders, and our night at the Ziegfeld provided the perfect platform to do just that. Following the remarkable expansion of technology and proprietary tools, the introduction of an Advanced Continued Education program, and a newly designed Knowledge Base in 2022, Trillium will concentrate on analytics, training, and recruitment to sustain its momentum and success in 2023 and beyond.

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To learn more about Trillium or to join our talent community, please visit www.trlm.com/jobs

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Trillium participated in the 8th Annual Charity Golf Outing at Bayonne Golf Club on June 3, 2019, benefiting the Newark Mentoring Movement, together with U.S. Senator Cory Booker and New York Giants Zak DeOssie and Michael Thomas.

The Trillium team took home 2nd place overall, and Bailey Kessing won the ladies longest drive, with everyone happy to be playing in support of a good cause.

Trillium founder and Chairman Lee Maschler has been a sponsor of the Newark Mentoring Movement golf outing since its inception. “I continue to be proud to support NMM and its important mission that all school-aged youth have supportive, high quality mentoring relationships.”

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“Leading with Persistence & Integrity”

Erik Gordon is a prized mathematician passionate about pioneering emerging technologies to grow Trillium Labs’ solutions in big data analytics, high performance / low latency computing, distributed systems, and anomaly detection. A visionary, Erik has leveraged his experience across companies of many sizes and industries to establish a clear strategic direction and mission for Trillium Labs and provide accurate, intuitive solutions for a varied customer base in an ever-evolving market. He is a skilled communicator who can convey complex messages to clients and stakeholders, building his reputation as a trustworthy thought leader. In addition to his great instincts, Erik has a winning management style. Erik knows that an organization’s most valuable asset is its people. With people as his guiding light, Erik has invested in building a culture at Trillium Labs where employees feel a sense of security that empowers them to think big and collaborate with colleagues. He has established a well-known and well-utilized open-door policy. He has continuous engagement with every team member, creating space for innovation, providing guidance for challenges, and acting as a sounding board for personal growth and development.

From a very young age, it was clear that Erik was destined for a career in technology. Erik’s biggest inspiration, his father, identified his talent early on and taught him to patiently and persistently approach and solve complicated problems. Erik’s father also sought every opportunity to support his son’s developing coding skills, from gifting him a Commodore VIC-20 at the age of 9 to dropping him off at school early to take advantage of the computer lab before the official day started. Erik’s father’s core value of remaining calm and steady during complex challenges instilled in Erik the importance of resiliency, tenacity, and integrity as he grew into leadership and strategic roles where teams relied on him.

After decades of industry experience, Erik knows that the most challenging part of being a leader is building a world-class team, while the easiest part is letting that team go off and produce ground-breaking technology. Because of this knowledge, Erik has pragmatically grown a team of disruptive, innovative engineers to ensure that Trillium Labs remains at the forefront of the industry. Further, Erik mentors his team, inspiring people by purposefully investing in relationships and sharing his own experiences and expertise.

“Trillium Labs’ flagship product, Surveyor, set out to define the next generation of trade surveillance software.”

This steadfast leader is committed to staying on top of emerging technologies and embracing technological advancements to better its products. For example, Trillium Labs aggressively moved into cloud computing well ahead of its competitors to capitalize on the scalability and agility that the platform provides while also allowing the organization to shed the support burden of traditional bare-metal hardware. By leveraging AWS auto-scaling, Trillium Labs’ technology is in a position of strength as new data services are enabled, and data demands of trading continue to hit new highs. Through their analysis of new techniques and trends, Erik and his supporting technologists had the foresight to implement a robust, state-of-the-art technical architecture leveraging cloud computing.

Trillium Labs’ flagship product, Surveyor, set out to define the next generation of trade surveillance software. Until Surveyor, the trade surveillance space was dominated by a few legacy pieces of software that were sorely behind the times and not sufficiently meeting customers’ needs. After taking the time and resources to work with an award-winning software design firm, Surveyor’s customers now benefit from using a modern, intuitive piece of software that easily handles the scale and complexity of modern-day trading. Surveyor allows compliance teams to spot manipulative behavior easily, and users can proactively deal with anything that may lead to unwanted regulatory attention. For example, one Surveyor client was able to review flagged nefarious behavior and eliminate a rogue trader well before it escalated into a regulatory matter. By proactively remediating the misconduct, Surveyor enabled the client to act as a steward of the marketplace by providing the data needed to satisfy the regulators’ inquiries and avoid penalties. “These tools ensured that our customers were proactively monitoring for the observed behavior when the risks emerged, ahead of formal regulation,” says Erik.

Trillium Labs as a whole is currently undergoing a very exciting growth phase. “This growth will allow us to scale our internal processes and protocols and deliver even more technology that will directly benefit our customers,” says Erik. “We are looking to expand beyond the compliance trade surveillance space to ensure our customers have a comprehensive tool kit to accommodate their diverse business needs.” IE

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NEW YORK, December 15, 2022 – Trillium Trading, a leading proprietary trading firm headquartered in New York City, announces Benjamin (Ben) Baller to be appointed as Managing Director of Trading, effective January 2023. In this role, Baller will oversee the health of the trading floors and the development of the analytics department and trader training programs. Since joining the firm in 2008, Baller has been an integral part of the Trillium team and brings a wealth of knowledge and experience as a trader and a trainer.

“I’m thrilled to have such an incredible opportunity,” commented Baller, “I’m committed to providing the support, resources, and training necessary to take our already amazing traders to the next level. I’m confident we can push Trillium to new heights.”

Baller will immediately look to augment the trading operation by focusing on analytics and hopes to energize the firm through open and transparent collaboration across all levels. With support from a management team committed to investing in all its traders, and a group of highly skilled, in-house technologists, the firm expects this role to be instrumental to the development of its junior traders and future recruiting initiatives.

Lee Maschler, Founder of Trillium added, “Ben’s unwavering commitment to enhancing Trillium’s trading department, with special emphasis on optimizing trader development and experience, will greatly bolster Trillium’s ongoing success and reputation as one of the best places to trade.”

About Trillium

Trillium is a leading proprietary trading firm committed to providing traders with long and lucrative careers. By funding all trading with the firm’s capital and investing more in training and technology than any competing firm, Trillium is the place where traders can reach their highest potential. Trillium is headquartered in New York City, with additional trading floors in Chicago and Miami. To learn more about Trillium, visit www.trlm.com.

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January 12th, 2023 — Trillium hosted its annual firm-wide Awards Dinner celebrating individual and collective achievement. This year’s event was held at the historic Ziegfeld Ballroom, in New York City, with traders from the Chicago and Miami offices also in attendance.

The evening featured a number of speeches and awards, including the Spirit of Trillium, the Top Trainer of the Year, and the coveted Trader of the Year award. The awards were presented by members of Trillium’s esteemed management team.

The ceremony commenced with a speech filled with gratitude and excitement from Trillium’s founder, Lee Maschler, followed by spirited remarks from both Barry Schwarz, Trillium’s CEO, and Howard Teitelman, Trillium’s Chief Strategy Officer. The event proceeded with featured video interludes from various members serving as quality entertainment and an eloquent transition to the award presentation. Ben Baller, Trillium’s recently appointed Managing Director of Trading, presented the trader awards with several receiving accolades for their loyalty and tenure, most notably Alphonse Soued, a veteran trader who’s now been with the firm for 20 years. The ceremony’s conclusion was marked with the honor of Trader of the Year bestowed upon Nathan McWilliams; a trader previously recognized in 2019 as Rookie of the Year.

Trillium appreciates every opportunity to recognize, honor, and celebrate the exceptional performance of its traders, and our night at the Ziegfeld provided the perfect platform to do just that. Following the remarkable expansion of technology and proprietary tools, the introduction of an Advanced Continued Education program, and a newly designed Knowledge Base in 2022, Trillium will concentrate on analytics, training, and recruitment to sustain its momentum and success in 2023 and beyond.

To learn more about Trillium or to join our talent community, please visit www.trlm.com/jobs

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NEW YORK, October 13, 2023 — In response to the unprecedented terrorist attacks and the resulting humanitarian crisis, Lee Maschler, the founder of Trillium, today announced a commitment to donate to four charitable organizations dedicated to providing humanitarian relief in support of the ongoing crisis.  

Consistent with Trillium’s past philanthropic efforts, Maschler will personally donate $250,000 while an additional $250,000 will be available to match donations from employees, traders, and friends of Trillium. In doing so, they expect to raise $750,000. 

In an email to the company, Maschler addressed the impact of the devastating terrorist attacks and pledged support to the people of Israel. Maschler told his team, “We stand together in empathy, compassion, and unity. We hope for a peaceful resolution and extend our thoughts and prayers to all those affected. Together, we will continue to foster a culture of respect, understanding, and inclusion within our company.” 

We encourage everyone to join Lee Maschler and Trillium in their effort to provide resources for the ongoing humanitarian crisis. Donations can be made directly to the following four charities at the links below. Please email a copy of your donation receipt to Trilliumcares@trlm.com and Trillium will send the matched amount directly to the organization. 

About Trillium

Trillium is a leading proprietary trading firm committed to providing traders with long and lucrative careers. By funding all trading with the firm’s capital and investing more in training and technology than any competing firm, Trillium is the place where traders can reach their highest potential. Trillium is headquartered in New York City, with additional trading floors in Chicago and Miami. To learn more about Trillium, visit www.trlm.com.

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