e-Forex-July-23-HighRes-SCREEN

NetDania selected for Citi Velocity 3.0
NetDania, part of United Fintech has
announced it has been selected by Citi
to provide advanced charting and data
visualisation on its platform, Velocity 3.0.
“The Velocity OS was purpose built to
allow for an ecosystem of partnerships;
and we see our clients benefitting greatly
from NetDania’s rich data visualisation
and advanced charting tools”, said
David O’Byrne, Global Product Head
of FX Platforms and Distribution at
Citi. As a leader in charting and data
visualisation solutions for the financial
industry, NetDania empowers institutional
customers with innovative tools for
optimal data analysis, decision-making
and customer value creation. “NetDania
provides high-performance charting and
data management services. With our
flexible Open API structure, we offer full
customisation to meet diverse needs
and we’re very thrilled to bring these
Rasmus A. Bagger
capabilities to Citi’s Velocity 3.0 platform”,
says NetDania’s co-CEO Rasmus A. Bagger.
NEOFX sees strong demand for low-cost
corporate FX services
NEWS
NEOFX, the European low-cost FX
provider for mid-sized companies, reports
an increased interest from companies
across Europe to cut FX costs related
to import and export by using NEOFX’s
services. Managing Director NEOFX,
Thomas Morten Jensen explains: “We
have seen a massive surge in European
companies coming to us for competitive
FX rates because it leads to significant
cost reductions and thereby improved
profit margins for these companies.”
NEOFX’s customers use a secure online
platform to conduct low-cost FX trading
and make international payments, and the
convenient access to extremely competitive
FX rates is a good match for mid-sized
companies. “Our proven services are
widely used by exporters and importers
across Europe” explains Thomas Morten
Jensen and elaborates: “As a disruptive
fintech we must have a real value-add to
attract customers and ours is simply that
we help reduce costs by providing better
FX rates than the customers’ bank, which
leads to a significantly improved bottom
line for our customers.”
Thomas Morten Jensen
FYNXT partners with Centroid Solutions
A recent collaboration between FYNXT
and Centroid Solutions represents a
significant step forward in providing
advanced technology solutions for
Multi-Asset Brokers. The connection
of Centroid’s capabilities into FYNXT’s
Digital Front Office will empower brokers
network infrastructure that can support
high-frequency trading while maintaining
low latency and unwavering stability.”
Meanwhile Centroid Solutions CEO, Mr.
Cristian Vlasceanu, commented: “While
our clients are leveraging our expertise
in building their low latency network
trading capabilities, and ultimately drive
their business success. Commenting
on the partnership, FYNXT’s CEO, Aeby
Samuel said, “We firmly believe that
this collaboration will bring significant
benefits to our existing and potential
clients. In addition to our digital front
office, brokerages require a real-time
with the tools they need to efficiently infrastructure (through our Centroid
manage their operations, enhance their Hosting solution) and connecting to
Cristian Vlasceanu
multi-asset LPs and trading platforms (via
our Centroid Bridge connectivity engine),
they can now take advantage of this
partnership to gain access to FYNXT’s
powerful solution to effectively manage
and enhance their customer experience.
We are excited to be working closely with
the FYNXT team to empower and bring
risk management system and a robust
Aeby Samuel
additional benefits for our customers.”
10 JULY 2023 e-FOREX