Centroid Solutions are a technology provider that combines real-time analytics, sophisticated risk management, and advanced connectivity with extensive industry-knowledge to improve risk-adjusted performance and strengthen sustainability for brokers. Knowing how exhausting can juggling between managing businesses, accessing deeper liquidity and hedge probable risks, they invested capital and technology expertise to build-up an all-inclusive platform, that enables brokers to optimize their performance, as well as benefit from regulatory and business governance.
Advanced Markets help to facilitate a transparent and secure trading environment, which is very important for the valued clients, due to the company’s goals are fully aligned with those of the clients.
FinTech provider Centroid Solutions has partnered with Advanced Markets Group, together they provide a wide range of services to the brokerage including risk management services, connectivity, and regulatory reporting.
Advanced Markets brings true Direct Market Access (DMA) liquidity, credit, and technology solutions to the foreign exchange, energy, and CFD markets. The firm offers its wholesale services to institutional clients globally, providing trade execution and prime brokerage solutions directly to banks, hedge funds, commodity trading advisors, corporations and other institutional market participants.
By delivering anonymous, low latency access to multi-bank, multi-asset liquidity, Advanced Markets presents a compelling alternative to the single and multi-bank models currently available to institutional traders. The Advanced Markets model takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency, transparency and anonymity of ECNs servicing traders seeking consistent, interbank liquidity.
Likewise Advanced Markets, Centroid Solutions also delivers tailored solutions to foreign exchange and CFDs brokers seeking improved risk visibility, including a proprietary bridge solution for connectivity. Its Centroid 24 risk management suite collects data and produces conclusions that help brokers understand their profitability on all models of operations.
With the new and modern integrated approach to the market, Centroid Solutions is venturing deeper into what is a competitive space in the retail brokerage industry.
Several representatives of the corporation made comment about the recent collaboration news. Among them was Natallia Hunik, global head of sales at Advanced Markets Group. “The combination of their skills and expertise, with Advanced Markets unparalleled institutional liquidity solutions, will undoubtedly bring about significant benefits to FX brokers, traders and asset managers worldwide“ – reported Natallia Hunik.
This is not the first news and expansion that Centroid Solutions have been through. Not so long ago in March, Centroid Solutions expanded its operations to Cyprus. Cyprus has marked as the fourth of major locations since the firm’s establishment in several other regions, such as Dubai, Zurich, and Australia.
While taking many factors into consideration, such as FCA-regulated multi-asset liquidity and PoP service provider, Centroid Solutions now has been employed by more than 25 institutional clients.
To understand the whole process and specifics of the operations of Advanced MArket, we will go through the simple descriptions.
Advanced Markets operate a 100% STP agency model, which stands for the three-step model. Segmenting your market. Targeting your best costumer. Positioning your offerings. This is the best model, that helps in analyzing offerings and the way of communication is the best benefit to specific groups. This model is based on the FCA and AFSL licenses. FCA is needed in order to carry out regulated financial service activities and offer credit consumers. This must be authorized by the Financial Conduct Authority (FCA). As for the AFSL is the Australian Financial Service Licence, which is required to be held by Australian businesses involved in the provision of financial services. Both of the licenses are of key importance for the Centroid Solutions operations, as previously mentioned it has already been established in Australia as well.
For this Advanced Markets STP platform enables FX market participants to trade on the streamed prices by more than tex FX banks in an anonymous market structure. Which is a great opportunity and consequently one of the most important players in the market.
As previously mentioned there have been made several comments. Everything seems to be quite fine as the comments were of a positive nature. Richard Bartlett, Centroid’s head of business development also has not hesitated on being generous on words “We are very pleased to forge this alliance with Advanced Markets Group. The fact that both firms share the same steadfastness towards providing the highest quality products and services possible allows for a fluid partnership that I am confident will enrich both businesses. With robust connectivity enabled to Advanced Markets Groups quality and highly competitive liquidity services, our clients can now enjoy further advantages.”
So far, things seem to be on the path for both of the companies and as they share the same interests and values, this news and collaboration should be beneficial for both sides.