Devexperts expands further in Turkey

Rick Steves

It took six months to develop and deploy the branded front ends for mobile and web platforms with delayed, real-time, and market depth data, including brokerage analysis.

Devexperts software powers Osmanlı Yatırım’s mobile and web trading platforms along with market data services.

Devexperts has implemented and delivered a new web trading platform and a mobile trading app for Turkish investment company Osmanlı Yatırım. The partnership includes market data services.

The firm, which is also an asset manager, partnered with Devexperts as it seeks to offer the proper tools for its clients to trade in options, classical OTC offerings for FX and CFD trading, and equities.

It took six months to develop and deploy the branded front ends for mobile and web platforms with delayed, real-time, and market depth data, including brokerage analysis.

Deployment was executed on the client’s premises with all the necessary 3rd party system integrations, including CRM and other providers.

Osmanlı’s offering includes access to equities and derivatives on Borsa Istanbul (BIST) through native Android, iOS, and web applications. Devexperts integrated the market data of Turkish securities provided by dxFeed, its data distribution division.

Ms Pınar Çakılkaya, General Manager at Osmanlı Yatırım Menkul Degerler, commented: “In such uncertain times of the global pandemic we want to be the prop and stay for our clients. We invest in our technology since 2010, so our clients can be assured access to the Turkish financial market and comfortable with our service. We give importance to our clients’ trading practices and instruments and try to provide different trading platforms for different needs accordingly.”

Mr Oğuzhan Karakoç, CEO of Devexperts Türkiye, said: “We are grateful to Osmanlı Yatırım to be selected for this project to modernize their trading infrastructure. During the last decade, financial technology worldwide has advanced rapidly. As we work with clients across the globe we are able to expand our knowledge, invent know-hows, and test different use cases. We bring a competitive advantage to trading and investment firms by sharing our expertise.”

The platforms are already live. Osmanlı Yatırım Menkul Degerler AS offers brokerage services, asset management, custodial, investment advisory, as well as online trading platforms.

Devexperts has recently contracted with one of the leading Turkish Investment companies, TEB Yatırım Menkul Değerler A.Ş.(TEB InvestTment), to develop and deliver 4 proprietary products to modernize their trading software infrastructure.

Development is already underway and consists of four parts: a new Mobile Application, an Order Management System (OMS), a FIX gateway, and a Web Admin Panel.

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