Tools for Brokers, a software developer for FX brokers, has parted ways with its Head of Business Development Asia, Sergei Gruzin.
Sergei lands at the software development and services arm of GMI Group, Finstek, as Chief Commercial Officer. The aggregation and bridging technology provider connects platforms, institutional brokerages and liquidity providers in order to enable brokers to control their trading environment.
Sergei appointment supports the company’s focus on developing long-term partnerships and strong customer relationships. It also comes as many technology providers seek to fill a gap in the market by facilitating access to its services and infrastructure.
Finstek offers a range of solutions, including MT4/MT5 White Label services, MT4/MT5 bridging, order routing, execution, aggregation, risk management, warehousing solutions, reporting, and other fintech SaaS products.
Sergei originally joined Tools for Brokers in 2017. Most recently, he was tasked with leading the local offices across Asia, supporting the team and working closely with TFB’s key customers. In his latest role, he was responsible for identifying and developing new business opportunities, as well as expanding the company’s presence in the APAC region.
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Established in 2009, Tools for Brokers provides software solutions to brokerage firms in foreign exchange and cryptocurrency trading. The company is also a provider of risk management utilities such as a Broker Business Intelligence (BBI), which gives additional instruments for analysis and reporting across MT4/MT5 platforms.
Tools for Brokers’ flagship product ‘Trade Processor’ combines a liquidity bridge and a market-making order pool for offering the features necessary to manage an entire brokerage business. Brokers can use the product to improve liquidly management while trading forex and cryptocurrencies. It provides connectivity with multiple liquidity providers and options for several sessions with one provider, as well as three levels of access for users and managers of the system.
