Centroid taps Iress API to provide retail brokers with real-time market data

Rick Steves

“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”

Centroid Solutions has partnered with Iress to bring real-time pricing data and trading APIs to its client base in order to address the need of reliable and efficient real-time market data.

Iress’s API data and trading solutions have been fully integrated into Centroid’s connectivity engine, Centroid Bridge, its Liquidity Management and Order Execution Engine.

End-to-end solution for pricing and trading exchange-traded products

Powered by Iress’s ConsolidatedFEED API data solution, Centroid can now offer its clients an enhanced, end-to-end solution for pricing and trading exchange-traded products.

Centroid is a leading fintech specializing in bridging connectivity and risk management systems for multi-asset financial institutions. The collaboration means Centroid’s online broker clients can gain real-time market data from global markets, integrated into their trading platforms in a fast, efficient and cost-effective way, via Iress.

“Elegant solution for market data and order execution for retail brokers”

Lionel Sancenot, Managing Director at Iress, Continental Europe, said: “Iress’s ability to deliver high-performance API data feeds to power applications and provide managed trading infrastructure services means that we can provide the most comprehensive end-to-end solutions on the market. This agreement also demonstrates the immediate benefits we can generate for our partners as we help to enhance the trading outcomes for their end users. We look forward to a long and successful relationship with Centroid.”

Cristian Vlasceanu, Chief Executive Officer at Centroid Solutions, said: “It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering. With Iress, all the development and network configurations have been handled very smoothly and rapidly, and we anticipate seamless on-boarding for new customers to the offering. We are excited to grow our client base with these new, enhanced capabilities.”

Besides risk management, Centroid specializes in quantitative analytics, complex execution strategies, connectivity, and P&L optimization for multi-asset financial brokers. Brokers can leverage Centroid’s complete suite of technology solutions and infrastructure to optimize their business performance, expand their product offering and facilitate business growth.

Centroid has recently partnered with FX Back Office to ensure that brokers who are looking for a multi-asset connectivity engine, can gain access to both companies’ solutions to establish or enhance their brokerage offerings. FX Back Office is a Cyprus-based forex CRM and back-office technology development company that aims to revolutionize the day-to-day running of FX brokerages.

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