HISTORY

2012 - The Plia counterparty management system was conceived and designed by a US buy-side trader with a vision to streamline the efficiency of the due diligence process and streamline the transfer of information between asset managers and brokers for risk management and best execution policies.
2017 - Plia launched its first cloud-based counterparty management tool in Europe ahead of MiFID II regulation.
2018 - Bill Stephenson and Dave Lauer launch NextEx to open more dialogue around transparency in the best execution processes.
2019 - Bill and Dave spin-off from NextEx, to form Urvin LLC and develop better solutions for counterparty management. Urvin LLC's roots are in global trading, artificial intelligence, market structure, and data science.
2019 - Urvin LLC acquires Plia from Trade Informatics Inc. and begins a re-boot of the technology.
2020 - Plia and the Plato Partnership launched new initiatives in Europe as “Plia by Plato” to provide market participants with new features and an expanded focus.

2021 - The Plato Partnership Invests in Plia to build a new KYC/AML platform.
2022 - Plia will launch the PliaESG division for asset owners, investment managers, vendors, and banks.
2022 - Plia will launch the KYC/AML platform, initially to Plato Partnership members, then to the broader marketplace.
2024 - Plia expands due diligence to the alternative data arena with the launch of a standard questionnaire designed to assist data buyers.

History