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

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

Digital Assets

Binance’s CZ could stay in prison until 2027, wife begs for mercy

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has apologized for his decisions and accepted “full responsibility” in a letter to U.S. District Judge Richard A. Jones.

Digital Assets

Monex Group expands crypto business with 3iQ takeover

Monex Group has completed the acquisition of a majority stake in 3iQ Digital Holdings, Inc., a Canadian digital asset investment fund manager, as part of its strategy to expand its crypto business.

Education, Fintech, Inside View

How to Get Into Fintech: Best Tips to Succeed

The Fintech sector is experiencing significant growth, with fresh opportunities emerging rapidly.  Innovations such as machine learning and cryptocurrency are revolutionising finance, leading to a need for trained experts.

<