Tradency, a fintech firm specializing in mirror trading and algorithmic trading platforms, announced on Monday the expansion of its fintech-platform as a service (F-PaaS) technology outsourcing offering.
According to the press release, as part of its F-PaaS platform, Tradency’s trading engines were added to the F-PaaS offering and are now integrated into a wide range of applications through easy-to-understand, use and maintain APIs. In addition, Tradency’s engineering team provides custom integration and project development services as part of F-PaaS technology offerings.
“Tradency crowdsourcing and real-time distribution technology have been a core value to our product offering and services since its introduction in 2005. And, now we are adding its capabilities to our F-PaaS and demonstrating it in new applications in various market segments, such as a USA-based predictive cash-flow Robo-advisor or an Asian Cryptocurrency social trading. We are committed to expanding the reach, using our rewarded technology, reinforcing our position as a leading provider of trading technology,” Lior Nabat, the CEO of Tradency, commented.
Using Docker Linux containers with Go and .Net Core technologies, Tradency F-PaaS technology uses cloud -based architecture for scalability, resiliency and infrastructure observability based on CNCF (Cloud Native Computing Foundation) open-source projects, including Kubernetes, Prometheus, GRPC and Jeager.
The new APIs and Professional Services expand the basic F-PaaS offering, which includes hosting and operational maintenance, high availability, scalability, real-time trading execution and content management.
Tradency products, the Mirror Trader, RoboX and Smart Investor platforms are used by millions of end-users globally.
Tradency in Japan
In 2018, TOCOM, the Tokyo Commodity Exchange, announced that four Japanese commodity brokers introduced Tradency’s RoboX for commodity futures. RoboX is a robo-advisor equipped with artificial intelligence (AI) and automatic trading functions. Using an algorithm, the AI creates bespoke packages of trading strategies and ensures it is constantly updated.
RoboX provides investors with multiple investment strategies tailored to different levels of risk tolerance.
