A wide range of industry moves and developments have been already occurred in 2023. This includes T-teck, which has seen its market footprint steadily expand as the company focuses on technology resale partners. Finance Magnates spoke with Jacob Polyakov, COO of T-teck for his in-depth perspective on the company’s recent moves and strategy.
I understand that Titan-t Services (T-teck) has been refocusing its group efforts recently. Can you elaborate on the recent shift and sale that took place?
As you are aware, we began as Titan-t, a one-stop-shop for brokerage startups. With time, the group grew and focused on other projects, gradually shifting into the development direction.
T-teck group was founded in this manner, and it now provides solutions in the fields of brokerage technology, crypto technology, banking, and other related technological solutions. As we grow, we see the need to focus more on our technological solutions and invest more of our resources in the development of systems for these great markets.
Therefore, we are pleased to announce that we have reached an agreement with one of our clients to take over the one-stop-shop activities and buy the Titan-t.com brand.
What was the impetus behind this sale and does this reshape T-teck’s emphasis on its core products, as well as a foray into other verticals, namely e-banking and crypto?
We are confident that this shift will be advantageous for all parties involved because it will improve the quality of service to our clients, allowing Titan-t to concentrate solely on service delivery, while we, on the other hand, will offer the greatest technology available.
Contrary to the other service providers in this field who made significant changes this year and parted ways with their longtime partners, we are looking to for such partnerships under the new structure. We do not view the resellers as a threat but as ambassadors for our product around the globe.
Therefore, to all the readers if you were impacted by the most recent adjustments made by your technology provider or are simply thinking about starting your own tech company, we would be more than delighted to give you the systems required.
What sets T-teck apart from the competition and how has your business strategy for the New Year looked to reconcile any industry headwinds or challenges?
Well, T-teck develops all of its products first for internal use before bringing them to the market. This means that the products are operational focused and segmented, but it does not change the fact that are adaptable and can meet any client need.
Our systems are interoperable with all other providers and let you to select whatever tools you want. For instance, you can use our CRM together with our trading system, but we’d be pleased to provide you with any of them separately.
You can also connect to third-party provider and use any LP, CRM or marketing tool. The same goes for any other product, including cryptocurrency exchanges that uses LPs or e-banking with various verification systems.
Most economists and officials are projecting a recession in 2023. What impact do you feel this will have on the retail sector or T-teck, if any should these predictions ultimately come to pass?
Predictions are generally difficult to make given the existing situation. 2022 was slated to mark the end of the pandemic and resumption of the daily life as usual. Instead, it was a year blighted by inflation and war.
Even though markets fluctuate constantly, strong businesses that are open to change and evolution will continue to prosper. Aside from the strategic shift, are there any future developments in the pipeline for T-teck?
As a company that constantly strives to advance and offer answers, T-teck will continue to release the goods we have been developing over the past few years in the hopes that our customers will accept them along with the ones that are already available.
