Exclusive: Financial Technology Provider EXINITI Announces Its Official Launch

EXINITI, a Dubai-based financial technology firm, announced today that the company has officially launched its services. Founded by Mohamed Rashad, an industry veteran, the company aims to facilitate international FX and CFD brokers through innovative technology services.

According to an official press release shared exclusively with Finance Magnates, services from EXINITI will support emerging companies as well as well-established businesses in the global financial markets.

The company highlighted that its core offering has various services, including an online and scalable CRM package, back-office support systems, client/IB portal solutions, MT5/4 white label solutions, and support with customizable website integration and development.

Additionally, the company will provide extensive support to the brokers including web development and Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term services to help the companies run their operations smoothly and efficiently.

Commenting on the official launch, Mohamed Rashad, CEO and Founder of EXINITI, said: “EXINITI was founded because there was a gap in the market in terms of technology-related advancements and support for financial services. EXINITI provides everything a Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD brokerage requires to get set up correctly from day one. We have also perfected the solutions needed to run a brokerage's day-to-day operations smoothly and in the most efficient and scalable way possible.”

In addition to the mentioned services, EXINITI allows for integration with the most commonly used payment solution providers in the industry.

Mohamed Rashad

The CEO of EXINITI has extensive experience in the global financial markets. Before founding EXINITI, Rashad worked with several brokerages, including MultiBank Group and Equiti.com. In his latest role, he worked with FXGate as Head of information technology.

“EXINITI which was founded at the end of 2020 and has its headquarters in the UAE combines technology and functionality to bring to life a suite of new tech and know-how for brokers. The technology provider has launched its website that describes the full suite of brokerage set-up and management solutions that are on offer for financial enterprises to deliver the ultimate experience for their clients,” the company added in the official announcement.