Finalto obtains Singapore SFA certification for its 360 offering
The FinTech certification is recognized by the Monetary Authority of Singapore (MAS) and is a benchmark qualification expected by those operating in the fintech industry in Singapore.
Finalto has announced it has been certified by the Singapore FinTech Association (SFA) in a milestone for the provider of multi-channel trading software, systems and liquidity services.
The announcement noted that Finalto Asia received certification from the Singapore FinTech Association (SFA) as a capital markets provider in June 2022.
Finalto 360 is all in-one system for brokers
Finalto opened its Asia office in 2019 and is one of a few global fintech providers to have achieved this certification.
The SFA certification focuses on Finalto’s 360 offering: “the all-in-one trading, client relations and back-office system for brokers and financial institutions that covers all your operational needs”, as stated by the firm.
Alex MacKinnon, Chief Executive Officer at Finalto Asia, said: “Receiving the certification from the SFA is recognition of Finalto’s technology offering and commitment in becoming – and being recognised as – Singapore and the Asia region’s best technology offering to the financial industry.
“As a member of the Singapore Fintech Association, Finalto Asia is looking forward to participating and collaborating with other domestic members of the SFA and its global network of 860+ Fintech Companies in more than 40 countries.”
The Singapore Fintech Association was created to uphold the integrity of the Fintech industry and support relationships within the community, as well as collaborate with regional and international organizations.
Taurus selected Finalto 360 to set up a single stocks platform
Finalto 360 offers bespoke solution for brokers that enables them to run their operation from A to Z. This covers relationship management, compliance, trading & liquidity, marketing and risk management all under the same roof.
The end-to-end broker solution is available on SaaS subscription basis or a fully deployed basis, based on the customer’s preference.
Finalto’s proprietary technology helps brokers efficiently onboard, retain and boost customers’ trading activity as it includes a CRM, connections to PSPs, marketing, compliance and reporting tools all connected to Finalto’s white labelled trading platform.
The company has recently been selected by Taurus to create a fully serviced single stocks platform for the broker. The technology is built with all instruments from all asset classes in mind and is completely customizable with a wide variety of add-ons, alongside a flexible dealer back office.
As part of the agreement, Finalto will also become the liquidity provider to Taurus. Through a single margin account and API, they can access 800 instruments across 7 asset classes, cross-margined and accessible through your choice of technology partner.