Leverate Unveils New Services Department, Acxelr8

Trading Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term Leverate has launched Acxelr8, the group’s newest professional services department. The new unit will be spearheaded by Leverate’s Chen Ben Nun, and will aim to improve a wide range of operations and functions amongst retail brokerages.

Acxelr8 represents Leverate’s latest initiative and efforts to improve client retention and acquisition amongst brokerages. With a diverse product suite at its disposal, Leverate is hoping to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the unit’s focus in the Far East, catering to brokers looking to gain an advantage in an increasingly cutthroat industry.

Chen Ben Nun, the group's new head of the unit, commented on the Acxelr8's launch: “Acxelr8 is designed to support brokers achieve business excellence at all levels of operation, from the acquisition and conversion of new clients through to retention. The professional services available through Acxelr8, utilize advanced technology and applies business intelligence insights to support brokers achieve stronger profits.”

The new unit is also the group’s latest foray following the appointment of its new CEO Yasha Polyakov back in August. Mr. Polyakov previously outlined to Finance Magnates the group’s forward-looking agenda and efforts to help brokers.

The launch of Acxelr8 constitutes Leverate’s best measure to date to help address key headwinds amongst retail brokers, i.e. client acquisition and retention. These issues have loomed large not just for existing brokers but also for those looking to expand into new regions, namely Southeast Asia.