valantic FSA takes stake in Velox to provide bespoke products for FX and Equity firms

Rick Steves

“Having already helped some of the most successful Fixed Income, FX and Equity firms upgrade their technology, we look forward to leveraging Velox’s low-code development framework to build out our next generation trading capabilities.”

valantic Financial Services Automation (FSA) has acquired a significant stake in Velox Financial Technology, a global fintech that specializes in providing low-code software development tools for capital markets institutions to accelerate their digitalization initiatives.

The strategic move is expected to complement valantic FSA’s cross-asset electronic trading and automation solutions by adding the flexibility provided by Velox’s capital markets development acceleration tools.

This will enhance valantic FSA’s pre-packaged components and expedite the creation of bespoke solutions as needed, significantly reducing development times for clients, meaning bringing new products to market quicker.

FSA’s building blocks meet Velox’s low code tools

Joachim Lauterbach, Chief Executive Officer at valantic FSA, commented: “Capital markets participants demand the most technologically advanced solutions. This investment strengthens our partnership with Velox and opens up additional opportunities to release innovative products as we continue to grow our client solutions business. Having already helped some of the most successful Fixed Income, FX and Equity firms upgrade their technology, we look forward to leveraging Velox’s low-code development framework to build out our next generation trading capabilities.”

valantic FSA’s partnership with Velox started mid-2021 and recently culminated in the successful launch of the first phase of valantic FSA’s new repo trading platform, based on HTML5 technology and open integration for data visualization within the application.

Andy Browning, Head of Electronic Trading at valantic FSA, added: “Our recent new product launch is a concrete example of what is possible using valantic FSA’s proven building blocks combined with Velox tools. Our investment sets the stage to expand our successful electronic trading product business to better support our clients´ current and future market structure needs – delivering tangible benefits by focusing on interoperability, data centricity and new technology including low-code.

Jon Butler, Chief Executive Officer at Velox, commented: “valantic FSA has anticipated that capital markets firms need next generation technology to help them monetize their data assets better, increase automation and speed up innovation. We are delighted that valantic FSA, as one of the leading global Capital Markets technology vendors firms, have recognized our ability to accelerate their mission to satisfy this growing demand”.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<