“Singapore is incredibly important in our strategy as it allows us to cultivate a significant foothold in an exciting and fast-moving sector of the Asian market.”
Finalto Asia has relocated to a new office at 79 Anson Road UE BizHub, Singapore to address the considerable size of its local operation as a consequence of business expansion.
The company has been strengthening its presence in Asia, particularly since obtaining its MAS Capital Markets Services license in December 2019.
“Singapore is incredibly important in our strategy”
The license acquisition just before the pandemic set the stage for Finalto Asia to establish itself as a formidable player in the financial services sector, ensuring local market integration with worldwide coverage while catering to the needs of emerging local jurisdictions.
The local team at the Singapore office includes specialists in regional financial regulations and market trends, ensuring that our services are both compliant and highly competitive.
Alex MacKinnon, CEO of Finalto Asia, said: “The establishment of our new office in Singapore marks a significant milestone for Finalto. It not only supports our growth ambitions but also reinforces our commitment to serving our clients and partners with even greater capability. Singapore is incredibly important in our strategy as it allows us to cultivate a significant foothold in an exciting and fast-moving sector of the Asian market.”
Finalto Asia making moves in 2024
The trading software and liquidity services provider recently appointed Suzuki Akihiko as its newest head of Japan markets. Suzuki will be tasked with overseeing business development, client relations, and market expansion in Japan.
Last month, Finalto Asia and oneZero expanded their collaboration to enhance liquidity services for their trading clients in the Asia-Pacific area. The expansion includes integrating the Equinix Tokyo data center, TY3, with the already established centers in New York and London, significantly broadening the availability of Finalto’s specialized liquidity solutions for clients in this region.
oneZero’s Institutional Hub is seen as an essential element in Finalto’s global aggregation and pricing strategy as it grants access to over 250 brokers and banks within the oneZero Ecosystem. Integrating the Tokyo data center, however, will further increase liquidity options in the Asia-Pacific for Finalto clients.
Having recently celebrated the Year of the Dragon, Finalto Asia is once again making its liquidity offering more attractive to brokers and their clients in the APAC region, namely via strategic partnerships and infrastructure development.
After establishing a Singapore data center as part of its strategy to reduce latency and improve service efficiency for its Asian clients, Finalto partnered with PrimeXM and Centroid Solutions to enhance its liquidity provision. The firm was recognized with the ‘Best B2B Liquidity Provider APAC 2023‘ award at the UF AWARDS APAC Ceremony.
Also in March, Finalto launched its Prime of Prime (PoP) service on the London Stock Exchange Group’s (LSEG) FX Matching venue. Besides the direct access to FX Matching’s liquidity pool, the Prime of Prime service features sophisticated risk management tools, customizable trading solutions, and comprehensive real-time reporting and analytics.
