Finalto Asia has strengthened its presence in the Asia-Pacific (APAC) region through a partnership with Centroid Solutions, a prominent provider of trading technology.
With an emphasis on innovation and client-centric solutions, Finalto Asia aims to enhance the trading experience for its clients through this alliance with Centroid Solutions, leveraging the Centroid Bridge Connectivity Engine and Finalto's liquidity services.
Alex Mackinnon, the CEO of Finalto Asia, mentioned: "As Finalto Asia strides forward in its journey to redefine trading technology and service excellence in the Asia-Pacific region, this partnership with Centroid Solutions marks a pivotal moment in our growth narrative."
"The alignment of our advanced technological capabilities with Centroid's innovative infrastructure solutions not only strengthens our foothold in this dynamic market but also reflects our unwavering commitment to delivering unparalleled value to our clients."
Finalto Asia's APAC Expansion
The alliance reinforces Finalto Asia's commitment to expanding its presence in the APAC region, particularly through the Singapore data center. Besides that, this collaboration aims to set new standards for connectivity , efficiency, and client satisfaction.
Cristian Vlasceanu, the CEO of Centroid Solutions, stated: "Through our Singapore infrastructure and feature-packed Centroid Bridge Connectivity Engine, we are able to provide Finalto's clients with technology that is reliable and extensive. This partnership also matches our commitment to support brokers around the world with reliable and scalable technology and infrastructure solutions."
Recently, Finalto Asia collaborated with PrimeXM to boost FX and CFD markets, particularly in Singapore and the broader APAC. According to a report by Finance Magnates, this partnership aims to fortify liquidity solutions and trading capabilities. The focus on Singapore is pivotal, given the city-state's growing prominence in the financial sector.
Expanding Financial Services
Finalto and PrimeXM aim to grant market participants access to various financial instruments. This comprehensive suite includes forex, commodities, indices, and more, catering to the diverse needs of institutional clients, brokers, and traders in the Singaporean market.
In the fiscal year 2022, Finalto, through its subsidiaries Finalto Trading Limited and Finalto Financial Services Limited, experienced a notable surge in revenues, indicating significant growth and profitability.
Finalto Trading Limited and Finalto Financial Services Limited reported robust revenues of approximately $35.9 million each during this period. Finalto Financial Services experienced an increase of 84% in revenue, while Finalto Trading Limited's revenue rose approximately 33%.
