FTT partners with Centroid for hosting and connectivity capabilities

Rick Steves

“FTT offers comprehensive financial brokerage solutions, including a powerful CRM and back-office management system which allows brokers to have full control over their operations, while making use of Centroid Gateways aggregation engine, to manage their liquidity, order routing strategies and risk management, as well as Centroid Connect Hosting Solutions to host their trading servers.”

Centroid Solutions has become a strategic business partner for Fair Trading Technology (FTT) and its vision is to become a leading digital, data driven, innovative solutions provider by empowering clients with cutting-edge financial technology solutions.

The partnership will strengthen FTT’s hosting and connectivity capabilities and empower their customer’s operations and setups.

Centroid is a fintech provider of real-time analytics, sophisticated risk-management, and advanced connectivity solutions for multi-asset brokers.

FTT is a brokerage solutions provider offering modular, complete solutions for financial brokers. Its BrokerTools platform serves financial experts, investors, and money managers.

Jonas Eldborn, CEO of FTT, said: “We are very proud to engage in this partnership with Centroid Solutions. It has been a very constructive process, where we have leveraged our expertise of financial brokerage solutions and worked closely with the Centroid Solutions’ executive team to fully understand their clients’ needs.

“The FTT’s end-clients will get access to advanced trading capabilities with Centroid Solutions’ hosting and connectivity, and our partner will extend its reach into the market with even more competitive offers. At FTT we have always believed in the power of partnerships and that we achieve the best results when we create business synergy with likeminded partners.

“This is what this partnership is all about and it is a true win-win situation for both parties. I am convinced that we will see more partnerships like this one across the industry as clients demand more sophisticated and intelligent financial solutions.”

Cristian Vlasceanu, CEO of Centroid Solutions, commented: “We are delighted to achieve this strategic partnership with FTT. It is rare to find such an alignment in vision, principles and approach as between our executive teams. We are excited to work closely together with the FTT team, empower their customer’s operations and setups, and bring benefits to our customers.

“FTT offers comprehensive financial brokerage solutions, including a powerful CRM and back-office management system which allows brokers to have full control over their operations, while making use of Centroid Gateways aggregation engine, to manage their liquidity, order routing strategies and risk management, as well as Centroid Connect Hosting Solutions to host their trading servers.”

Centroid’s flagship offering includes Centroid24 and Centroid Gateways Aggregation Engine.

The former is an all-in-one risk management software that automates in real-time all risk management and analytics activities for the dealing department and decision-makers of the company.

Centroid Gateways Aggregation Engine, on the other hand, is a bridging and execution engine, featuring a quant-based execution technology which enables flow allocation between b-book and a-book at a granular trade level, based on any quantitative risk factors the broker is tracking.

The execution engine opens up new revenue capturing capabilities for the broker, as well as greater flexibility for controlling the exposure, managing and optimizing the flow.

Centroid Solutions also offers infrastructure and server hosting services, tailored for financial trading platforms.

Read this next

Retail FX

Italy blocks domains of Vantage, Luno Invest and Crypto Trade

Consob, the Italian securities regulator, has dropped the hammer on yet another number of FX websites it says were illegally promoting trading products in the country. It has contacted Italy’s internet service providers (ISPs), requesting that they block access to all of the sites in question.

Digital Assets

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors.

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

blockdag

BlockDAG Presale Tops $20.7M! Here’s How to Buy BDAG Coins with USDT and Ethereum for Explosive Gains of 30,000x

Early investors are looking at potentially significant returns in its tenth batch at $0.006 per coin.

Retail FX

Exclusive: Prop firm Funded Engineer faces lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract.

Market News, Tech and Fundamental, Technical Analysis

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).

Digital Assets

US crypto miner and founders hit with $5.6 million fraud charges

The U.S. Securities and Exchange Commission (SEC) has filed charges against Texas-based cryptocurrency mining and hosting company Geosyn, and its co-founders Caleb Ward and Jeremy McNutt.

<