TraderEvolution Global, a trading platform provider and brokerage technology company, announced its partnership today (Monday) with Centroid Solutions, which specializes in connectivity bridge, risk management, hosting, and infrastructure solutions.
TraderEvolution Integrates Centroid Solutions
The integration of Centroid's products will significantly enhance the offerings of the trading platform, particularly in providing brokers control over product distribution, risk management, and client base management.
"TraderEvolution Global is committed to empowering both traders and brokerages with innovative solutions that meet the demands of the modern trading world," said Roman Nalivayko, the CEO of TraderEvolution. "Through our integration with Centroid Solutions, brokerages gain unprecedented control over the distribution of their products and the execution of risk management strategies. This integration aligns with our mission to provide comprehensive tools that drive success."
Enhancing Offerings Through Partnerships
TraderEvolution offers platforms for trading across multiple markets, including the front-end and the back-end. The platforms can connect to many markets around the world. The company started in 2017 and has its main office in Ireland. Earlier this month, the company expanded its team by hiring Andrew Saks as the Chief Product Officer.
On the other hand, Centroid provides technology and infrastructure solutions for the trading industry (including tools for risk management), execution and bridging engines, and hosting services. It aims to help brokers with multi-asset offerings to enhance their risk-adjusted returns and reduce their operating costs, among other solutions.
Centroid additionally enhanced its offerings through partnerships with other players in the trading industry. Earlier this year, it tapped Iress (ASX: IRE), an Australian financial services industry technology company, to offer real-time pricing data and trading APIs. Further, the company partnered with Dubai Financial Market (DFM) to provide access to Dubai-listed securities and financial instruments.
"This integration combines the strengths of TraderEvolution Global and Centroid Solutions to elevate the trading experience for brokerages and traders alike," Cristian Vlasceanu, the CEO of Centroid Solutions, said. "By offering precise risk management capabilities and enhanced liquidity management and distribution control, brokerages can optimize their operations and better serve their clients."
