BornTec and CapitalMarkets.Technology join forces to expand markets

Rick Steves

This will allow both companies to transcend their primary markets and broaden their geographic reach with highly complementary product stacks.

BornTec, a software solutions provider for trade data analysis and reporting, and CapitalMarkets.Technology (CM.T), the firm behind the F-I-X platform, have agreed on a reciprocal distribution agreement.

The partnership will have CM.T reselling BornTec’s products in Germany, France, Switzerland, and the Benelux and Nordic regions, while BornTec will resell CM.T’s products and services in the Americas region.

This will allow both companies to transcend their primary markets to broaden their geographic reach with highly complementary product stacks.

BornTec launched its rebuilt flagship product, CrossCheck, providing normalized real-time post-trade data integration to enhance users’ risk and compliance efforts.

CapitalMarkets.Technology empowers their customers with F-I-X, a trading-centric platform built on hybrid-cloud technologies with a number of enterprise-grade business solutions, which aims to challenge the FIX routing technology with an agile connectivity offering.

Peter Mott, V.P. Global Head of Sales for BornTec, said: “We believe there is a great need in the regional markets served by CM.T for best-in-class trade surveillance, regulatory reporting, and post-trade data analytics software, and BornTec can fill that gap. Having had a long and positive relationship with the management team at CM.T, I am confident that this endeavor will create benefits for years to come, both for our companies and especially for customers who will be able to leverage the combined offering of platforms.”

Anders Henriksson, Partner at CapitalMarkets.Technology, commented: “We are looking forward to working together with BornTec. We believe our new and innovative F-I-X offering, combined with BornTec’s stellar reputation and customer reach, will facilitate rapid growth of our solutions in the region.”

BornTec has also hired Dave Sellen, former European e-Futures Sales & Solutions at Wells Fargo, as a sales consultant. He will target BornTec’s CrossCheck to the FCM, broker, and bank community in the APAC region.

  • Read this next

    Digital Assets

    Binance Broadens Its VIP Invitation Program for Traditional Asset Traders

    Step Into the Future of Trading: Binance Invites Traditional Asset Traders to Join Its Exclusive VIP Program

    Fintech

    Revolut enables direct transfers from Singapore to Bangladesh and Kenya

    British fintech firm Revolut has broadened its array of services with the introduction of the “Mobile Wallets” feature in Singapore, facilitating direct money transfers to Bangladesh and Kenya.

    Digital Assets

    SBF claims “zero loss” to FTX customers, 100-year sentence is “grotesque”

    Sam Bankman-Fried, the former FTX CEO who was found guilty of fraud charges last year, is facing his sentencing next month. But before that day arrives, he’s making a plea for what he considers a fair shake.

    Digital Assets

    Bitcoin nears $62,000, sparking retail buying frenzy

    Bitcoin dashed past the $61,000 barrier on Wednesday, a peak it hadn’t touched since the waning days of November 2021.

    Market News

    OPEC+ Extension of Oil Output Cut Causes Rally

    The dynamics surrounding crude oil are indeed fascinating, given its unique role as both a globally traded commodity and a vital energy source deeply influenced by the OPEC+ alliance’s decisions.

    Institutional FX

    DKK reports 226% growth in 2023 with eyes on African expansion

    “Our numbers are beginning to show how we are powering, the growth required by emerging markets, and we plan for the success of our strategies to continue to thrive in 2024.”

    Industry News

    ‘WTF’ as in ‘What The Fraud?’, Sumsub’s new podcast on digital fraud

    “We found a lack of informative podcasts talking about digital fraud threats and prevention for business owners. So, we decided to dive in and share our expertise along with industry top minds in the ‘What The Fraud?’ podcast.”

    Digital Assets

    Coin Metrics integrates market data from Cboe Digital

    “We are pleased to work with Coin Metrics and believe that having quality and timely data, and systems to analyze that data, will help crypto markets mature as well as evolve to become a core component of a diversified investment portfolio. We are focused on providing access and solutions to the spot and derivatives crypto market in a way which mirrors an investor’s experience with traditional markets.”

    Fintech

    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    <