Patsystems Plc engages in the development, distribution, and support of software for electronic trading of financial products on worldwide trading exchanges, as well a for real time trade capture, valuation, and risk management for the structured finance market. It offers trading solutions, including trader's tools and front-ends that comprise Pro-Mark for professionals, J-Trader for the retail and general user, and IQ-Trader for the chart and algorithmic trader; credit derivatives trading systems; Patsystems API for futures and options; and FIX Trading Gateway, a high speed connectivity solution for order flow and market data. The company also offers order routing engine that handles routing from multiple sources to multiple execution venues; Patsystems data distributor that handles market data collection and delivery; the Synthetic Order Management Server; pre-trade risk management solution and the risk informer; and various market connectivity products. The company also offers risk solutions; the Patsystems Matching Engine that offers order management, matching, settlement, and clearing for derivatives and commodity exchanges; and J-Clear an event-based processing module. It offers its products primarily to exchanges in Europe, North America, and Asia Pacific. The company was founded in 1994 and is based in London, the United States.