oneZero Financial Systems, a multi-asset enterprise trading technology solutions provider, has announced the integration of New Change FX benchmark data feeds into its Data Source analytics suite. The addition of this independent FX reference data stream will provide oneZero clients with enhanced tools to improve their trading performance and reporting capabilities.

oneZero Announces Integration of New Change FX Benchmark Data Feeds

New Change FX is an independent provider of continuous, officially regulated benchmark FX rates, aggregated from data across the global market. Authorized as a benchmark administrator by the UK's Financial Conduct Authority since 2018, New Change FX operates independently from liquidity providers and trading venues.

"Empowering our clients with transparency throughout the trade lifecycle is a core focus for oneZero as a market-neutral technology provider," said Andrew Ralich, the CEO and Co-Founder of oneZero.

The integration of New Change FX data feeds is part of oneZero's ongoing efforts to expand the capabilities of its trading technology platform. In December 2023, the CEO outlined four key themes for the company in 2024: improved bank technology, data quality for AI applications, extracting more value from order flow, and providing trusted 24/7 service.

"The integration with New Change FX showcases how our flexible data framework allows clients to easily access value-added services from our network of data partners, complementing the industry-leading analytics capabilities within our Data Source product,” Ralich added.

Looking ahead, oneZero plans to engage clients on topics, such as systematic hedging and operating proprietary trading alongside brokerage businesses. The company is additionally preparing to assist clients in adapting to upcoming changes in US securities settlement cycles, which may impact FX liquidity conditions when the shift to T+1 settlement occurs in May 2024.

"The combination of New Change FX's benchmark data with oneZero's powerful Data Source Insights analytics takes client capabilities to a new level,” Paul Lambert, the CEO of New Change FX, commented. “We share oneZero's view that independent data is crucial for objective price measurement and enhancing trading outcomes, as FX analytics become increasingly important in liquidity management."

New Partnerships and Promotions

oneZero Financial Systems has made significant strides in both partnerships and internal promotions, enhancing its global footprint and operational leadership. Last month, it enhanced its collaboration with TRAction, a specialist in regulatory reporting solutions. This partnership is focused on simplifying the complexities of trade reporting compliance, marking a significant upgrade to their existing integration.

Simultaneously, oneZero Financial Systems strengthened its alliance with Finalto Asia to boost liquidity offerings for trading customers throughout the Asia-Pacific region.

Meanwhile, Nikolas Aresti has stepped into a pivotal role within the company as Director of Operations for US/UK. His journey with oneZero Financial Systems started over six years ago in Limassol, Cyprus, where he began as an Operations Engineer. Throughout his tenure, Aresti has ascended through various roles, culminating in a leadership position.