FTT Deploys Centroid’s Connectivity Solution to Enhance Flagship Product, BrokerTools

Centroid Solutions has partnered with Fair Trading Technology (FTT) in a win-win situation for both parties as the deal creates business synergies that are expected to strengthen both companies.

FTT will gain access to Centroid’s hosting and connectivity solutions for multi-asset brokers. FTT’s vision is to become a leading digital, data driven, innovative solutions provider by empowering clients with cutting-edge financial technology solutions.

Its flagship product, BrokerTools, is a web-based modular platform caters to financial experts, investors, and money managers looking for an extensive range of information and tools from the financial markets.

Jonas Eldborn, Chief Executive Officer 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 like-minded 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 caters to brokers looking to optimize their business performance and facilitate business growth by combining real-time analytics, sophisticated risk-management, and connectivity solutions, as well as complex execution strategies, and P&L optimization.

Centroid offering includes 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.

Also in high demand is the firm’s Centroid Gateways Aggregation Engine, a bridging and execution engine featuring a quant-based execution technology which enables flow allocation between b-book and a-book.