Or-be Systems’ latest bid to streamline broker functionality has seen the integration of its CRM Broker Modules into the MetaTrader 5 (MT5) ) platform. By tapping into one of the industry’s fastest growing platforms, Or-be will aim to help give brokers better control of their client acquisitions online.
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The UK provider has looked to the MT5 platform as a focus for its flagship product, CRM Broker Modules. The decision to support MT5 functionality is a nod to the growing market penetration of the platform, which has seen a healthy uptick in use amongst retail brokerages in the past few months – this has in turn been instigated by a push from MetaQuotes itself, having rolled out multiple incentives, updates, and builds in H1.
Or-be System currently offers a broker module suite that facilitates the grading of online account forms for AML and KYC, independent of additional developer intervention. This is important as it enables brokers’ finance departments to monitor trade reconciliations and execute P&L reports, both as a scheduled process and on an ad-hoc basis. Assimilating this framework into the MT5 platform caps off the group’s latest efforts to cater towards brokerage and client acquisitions.
John Evans, Director of Or-be Systems, commented: "Integrating our broker modules with the MetaTrader 5 platform has been a core requirement of ours right from conception of our systems solutions. To be able to say this so soon within our build process is testament to our team. We now look forward to the future with optimism and excitement, as we have a solution which will be of genuine benefit to any broker utilizing the MetaTrader 5 platform."