oneZero Financial Systems is known to deliver cutting-edge trading technology solutions that optimize multi-asset execution, distribution, and analytics for brokers, banks, and financial institutions worldwide.
Recently, they have introduced the innovative Portfolios functionality, enhancing their Hub with granular risk management capabilities and real-time strategy implementation. With a strong emphasis on advanced data analytics, seamless integration, and exceptional client support, oneZero continues to set the standard for stability and performance in high-demand trading environments.
oneZero rolling out Portfolios as risk management, data, and AI drive innovation
FinanceFeeds had the exclusive opportunity to interview Alex Neo, the newly appointed Chief Commercial Officer at oneZero Financial Systems.
Having been at oneZero for nearly seven years, including nearly three years as EVP of Retail Products and Strategy, Alex Neo held various roles at prominent firms such as Rubix FX, Velocity Trade, Gleneagle Securities, Global Prime, and Citi.
In this insightful discussion, Alex Neo shared oneZero’s strategic vision for 2024, including the rollout of the Portfolios functionality, which enhances risk management and profitability for their clients, and detailed the integration of AI-powered analytics into their platform.
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oneZero’s Hub is at the heart of your trading technology solutions for multi-asset execution, distribution, and analytics. I see you’ve recently released the Portfolios functionality, can you tell me more about it?
Certainly; we are now rolling out Portfolios, which adds a new dimension of granularity across the powerful feature set already available in the Hub. oneZero’s Portfolios are designed to revolutionize the way trading risk is managed by helping clients to segment their flow and hedge smarter, which ultimately enhances overall profitability.
Portfolios allow for concurrent, real-time implementation of multiple risk management strategies – Position; Profit & Loss; or a custom strategy – so that you can execute, monitor, and analyze risk strategies across different customer groups, instruments, or entities.
This allows you to tailor your risk management approach to match the dynamic nature of the market and your own business requirements. Essentially, managing risk with Portfolios is like having multiple instances of the powerful oneZero Hub engine in one instance of our technology.
- How does the Hub and Portfolios functionality integrate with the rest of the value proposition offered by oneZero solutions?
oneZero’s Hub extends its capabilities to include advanced data analytics via our award-winning Data Source product. In addition to the real-time flexibility and intelligent performance-driving capabilities delivered by the Portfolio risk management system, Portfolio reporting is now seamlessly integrated into the Data Source Insights Essentials package. This empowers clients to accurately attribute profit and loss independently, providing a comprehensive overview of each Portfolio’s performance.
We offer additional features that are unmatched by other tech providers – available in an array of packages to suit different client types and their needs. Features include Systematic Hedging, Volume Bands, Settings Scheduler, and Advanced Order Routing Settings. These tools enhance the platform’s versatility, empowering clients to customize their strategies and operations according to specific needs and market conditions.
Our solutions offer exceptional stability that ensures a seamless user experience, and consistent performance even during high-demand scenarios. This marks a clear distinction from other technology providers in the market. We offer 24/7 client support via operations centers in Asia, Europe, and the Americas.
On top of this, oneZero possesses a diverse talent pool comprising professionals with extensive experience gained from working in brokerages, banks, exchanges, and prime brokerages. This broad industry knowledge, complemented by the company’s exceptional technology and operations teams, equips oneZero to thoroughly understand the needs of all client types and their customers and to deliver innovative solutions that effectively address them.
oneZero’s extensive feature set, combined with unmatched stability, reliability, and client support positions our technology as the standout choice among trading technology solutions.
- Alex, towards the end of 2023, you were promoted to Chief Commercial Officer at oneZero. What have you been addressing so far in 2024?
In 2024, my focus has been on enhancing our product and service offerings to meet evolving client needs. This ensures that our value proposition remains optimal and competitive. At oneZero, we understand that the market is constantly changing so we remain agile and responsive and release new functionality that truly benefits our range of clients. In 2024, I have been focusing on uniting our Sales and Relationship Management teams into a single cohesive unit. This integration aims to bridge the knowledge gap between these segments, ensuring that our clients receive seamless and informed support. Additionally, we continue to innovate in our product and service offerings, highlighted by the release of Portfolios, which enhances our clients’ risk management capabilities.
We are also expanding further into the Institutional and Wholesale segments, identifying new business opportunities and striving to better service an industry that has been historically underserved. Our goal is to stay agile and responsive, consistently delivering functionality that meets the evolving needs of our diverse client base.
- oneZero’s website stresses the firm’s extensive track record working with trading market clients. Can you share one thing that people may not know about?
In the 15 years of dedicated service to the industry, oneZero has navigated the complexities of the FX market, serving a diverse range of clients from startups to the largest and most sophisticated brokers and banks globally. Through this extensive experience, we have gained a profound understanding of market dynamics, client expectations, and the ever-evolving landscape. This deep market knowledge positions us not just as service providers but as leaders and innovators, equipped to anticipate and address new challenges ahead of our competitors.
What many may not be aware of is our meticulous approach to data management. One unique aspect is that we record every liquidity provider tick that enters our system, amounting to over 10 trillion quotes monthly. This wealth of data is securely stored in the cloud and made readily available to our clients. Additionally, we maintain a vigilant eye on critical system performance indicators, monitoring quote throughput, tick-to-trade latency, order and trade latency, ensuring optimal and reliable operations.
oneZero’s award-winning Data Source stands out as a next-generation cloud-based intelligence toolkit. It goes beyond conventional data capture, transforming trade data for all our clients into valuable insights. This empowers our clients to understand their client flow, associated hedges, and the intricate relationships they have with their liquidity providers. This level of data intelligence is a testament to our dedication to innovation and staying at the forefront of the industry.
- AI is regarded as one of the greatest opportunities for 2024. Does oneZero have AI-powered products in the works?
At oneZero, we’re not just exploring AI-powered products, we’re already leveraging AI to deliver tangible benefits to our clients. This has only been possible due to the four terabytes of well-structured data that we have moved up to scaled cloud storage every day since 2019. Our strategic focus on analytics and data-driven insights has been a core theme for several years, and the addition of Stephen Totten as Managing Director – Head of Institutional and Quantitative Products has significantly accelerated our efforts. Stephen has been collaborating with our team to develop the next generation of analytics and automated optimization tools.
oneZero has adopted AI-based functionality to improve FX hedging and liquidity management. At oneZero, AI is used to analyze client flow, for example. This enables a significantly more scalable and efficient understanding of clients’ trading styles, with the ability to segment the information in a number of ways, ensuring that flows are priced and risk-managed optimally.
We look at the markout of every trade and use AI to classify them into five categories. We then aggregate the trades at the taker login and symbol level and categorize them according to three groups – soft, passive, and sharp. Together with actionable analytics, this allows a trading desk to look at risk management and hedging strategies according to flow type, in order to improve profitability.
Additionally, oneZero’s AI-based Maker Pool Replay function allows you to test liquidity pool configurations without assuming the risk of real-world implementation.
The use of AI at oneZero is dynamic and ever-evolving, and there’s much more in store for 2024 and 2025. We’re dedicated to leveraging AI to its fullest potential to continue delivering innovative solutions that provide value to our clients.
