The evolution of trading platforms has shifted towards custom-built systems.
Autonomy equips brokerages to navigate evolving market dynamics.
In the bustling Finance Magnates London Summit
(FMLS:23), Andrew Saks, the Chief Product Officer at TraderEvolution
Global, delved into brokerage autonomy. The attendees of this summit were
taken through the topic: "Art of Autonomy: Tailored Tech for Tomorrow’s
Brokerage." This discussion centered on autonomy, control, and the
evolving landscape of trading technologies.
The journey towards autonomy begins with
acknowledging the need for control over business operations. Saks started his presentation by mentioning: "The need for autonomy arises as brokerages mature and seek
greater control over their operations and decision-making processes."
Navigating Autonomy: Control over Business Operations
Saks emphasized the critical distinction between
backend-first and frontend-first approaches in trading technologies. He
said: "Brokerages must evaluate whether their trading system
prioritizes backend infrastructure or frontend interfaces."
The evolution of trading platforms has witnessed a
shift from off-the-shelf solutions to custom-built systems, empowering
brokerages to assert control over their business models.
Backend-first platforms emerge as a strategic choice
for brokerages poised for autonomy. Saks outlined the advantages:
"Backend-first platforms empower brokerages to scale, innovate, and
customize their offerings without constraints imposed by third-party
vendors." These platforms enable seamless integration of frontend
interfaces while preserving the brokerage's brand identity and operational
autonomy.
Differentiation through Customization
The hallmark of autonomy lies in differentiation.
Saks mentioned: "Fully white-labeled solutions enable brokerages to craft
unique, personalized experiences for their clients. By leveraging
backend-first platforms, brokerages distinguish themselves in a crowded market,
fostering customer loyalty and trust."
Flexibility emerged as the cornerstone of autonomy.
Saks underscored the significance of integrating in-house frontend platforms
with backend infrastructure. He affirmed: "Integration fosters total
control over liquidity, risk management, and client engagement, enhancing the
brokerage's operational efficiency and brand identity."
Additionally, he emphasized the transformative
potential of autonomy in brokerage operations. He remarked: "Autonomy
equips brokerages to navigate evolving market dynamics and emerge as pioneers
in the digital trading landscape."
According to Saks: "There are too many
front-end solutions which don't allow proper risk management or custom control
of adding liquidity providers. Large banks develop their systems due to the
inability to procure such solutions externally. Having a backend-first platform
is vital for maintaining control over client data and ensuring operational
autonomy."
Empowering Brokerages: Mobile App Distribution
In discussing mobile app distribution, Saks highlighted its significance: "Mobile apps serve as the showroom
of the brokerage, showcasing its brand prominently. By distributing mobile apps
directly from brokerage profiles, brokerages eliminate reliance on third-party
brands and enhance brand recognition among traders."
Saks emphasized TraderEvolution Global's
multi-asset trading environment: "TraderEvolution Global was
designed from the ground up with the capability to handle multi-asset trading
environments. Unlike platforms with fragmented systems, TraderEvolution Global
empowers brokers with global market accessibility without extensive development
costs."
Regulatory compliance emerged as a key concern, as Saks stated: "Independence from liquidity providers ensures
unbiased decision-making and regulatory compliance. By embracing multi-asset
platforms, brokerages mitigate regulatory risks and offer genuine market access
to clients, fostering long-term sustainability and trust."
Saks highlighted the importance of liquidity
agnosticism: "TraderEvolution Global's conflict-free environment
empowers brokers to make unbiased decisions aligned with client needs. By
accessing diverse liquidity providers without conflicts of interest, brokerages
enhance market competitiveness and regulatory compliance, fostering long-term
growth."
Staying at the forefront of market trends requires
agility and innovation, as noted by Saks: "TraderEvolution Global's
client API facilitates seamless integration of third-party front ends,
empowering brokerages to adapt to evolving market dynamics. By offering
tailored connectivity and dynamic solutions, TraderEvolution Global enables
brokerages to remain competitive and responsive to changing market
trends."
In a rapidly evolving financial landscape, the
transformative potential of trading platforms cannot be overstated. By
prioritizing autonomy, versatility, and technological innovation,
TraderEvolution Global empowers brokerages to navigate market complexities and seize
new opportunities. As the industry continues to evolve, embracing independence
and agility remains paramount for brokerages seeking sustainable growth and
competitive advantage.
Participate in Our Fraud Survey: Your Opinion Matters!
We invite you to participate in our joint survey conducted
by FXStreet and Finance Magnates Group, which explores prevalent online
financial fraud types, platforms used for fraudulent activities, effectiveness
of countermeasures, and challenges faced by companies in tackling such fraud. Your
valuable insights will help inform future strategies and resource allocation in
combating financial fraud.
In the bustling Finance Magnates London Summit
(FMLS:23), Andrew Saks, the Chief Product Officer at TraderEvolution
Global, delved into brokerage autonomy. The attendees of this summit were
taken through the topic: "Art of Autonomy: Tailored Tech for Tomorrow’s
Brokerage." This discussion centered on autonomy, control, and the
evolving landscape of trading technologies.
The journey towards autonomy begins with
acknowledging the need for control over business operations. Saks started his presentation by mentioning: "The need for autonomy arises as brokerages mature and seek
greater control over their operations and decision-making processes."
Navigating Autonomy: Control over Business Operations
Saks emphasized the critical distinction between
backend-first and frontend-first approaches in trading technologies. He
said: "Brokerages must evaluate whether their trading system
prioritizes backend infrastructure or frontend interfaces."
The evolution of trading platforms has witnessed a
shift from off-the-shelf solutions to custom-built systems, empowering
brokerages to assert control over their business models.
Backend-first platforms emerge as a strategic choice
for brokerages poised for autonomy. Saks outlined the advantages:
"Backend-first platforms empower brokerages to scale, innovate, and
customize their offerings without constraints imposed by third-party
vendors." These platforms enable seamless integration of frontend
interfaces while preserving the brokerage's brand identity and operational
autonomy.
Differentiation through Customization
The hallmark of autonomy lies in differentiation.
Saks mentioned: "Fully white-labeled solutions enable brokerages to craft
unique, personalized experiences for their clients. By leveraging
backend-first platforms, brokerages distinguish themselves in a crowded market,
fostering customer loyalty and trust."
Flexibility emerged as the cornerstone of autonomy.
Saks underscored the significance of integrating in-house frontend platforms
with backend infrastructure. He affirmed: "Integration fosters total
control over liquidity, risk management, and client engagement, enhancing the
brokerage's operational efficiency and brand identity."
Additionally, he emphasized the transformative
potential of autonomy in brokerage operations. He remarked: "Autonomy
equips brokerages to navigate evolving market dynamics and emerge as pioneers
in the digital trading landscape."
According to Saks: "There are too many
front-end solutions which don't allow proper risk management or custom control
of adding liquidity providers. Large banks develop their systems due to the
inability to procure such solutions externally. Having a backend-first platform
is vital for maintaining control over client data and ensuring operational
autonomy."
Empowering Brokerages: Mobile App Distribution
In discussing mobile app distribution, Saks highlighted its significance: "Mobile apps serve as the showroom
of the brokerage, showcasing its brand prominently. By distributing mobile apps
directly from brokerage profiles, brokerages eliminate reliance on third-party
brands and enhance brand recognition among traders."
Saks emphasized TraderEvolution Global's
multi-asset trading environment: "TraderEvolution Global was
designed from the ground up with the capability to handle multi-asset trading
environments. Unlike platforms with fragmented systems, TraderEvolution Global
empowers brokers with global market accessibility without extensive development
costs."
Regulatory compliance emerged as a key concern, as Saks stated: "Independence from liquidity providers ensures
unbiased decision-making and regulatory compliance. By embracing multi-asset
platforms, brokerages mitigate regulatory risks and offer genuine market access
to clients, fostering long-term sustainability and trust."
Saks highlighted the importance of liquidity
agnosticism: "TraderEvolution Global's conflict-free environment
empowers brokers to make unbiased decisions aligned with client needs. By
accessing diverse liquidity providers without conflicts of interest, brokerages
enhance market competitiveness and regulatory compliance, fostering long-term
growth."
Staying at the forefront of market trends requires
agility and innovation, as noted by Saks: "TraderEvolution Global's
client API facilitates seamless integration of third-party front ends,
empowering brokerages to adapt to evolving market dynamics. By offering
tailored connectivity and dynamic solutions, TraderEvolution Global enables
brokerages to remain competitive and responsive to changing market
trends."
In a rapidly evolving financial landscape, the
transformative potential of trading platforms cannot be overstated. By
prioritizing autonomy, versatility, and technological innovation,
TraderEvolution Global empowers brokerages to navigate market complexities and seize
new opportunities. As the industry continues to evolve, embracing independence
and agility remains paramount for brokerages seeking sustainable growth and
competitive advantage.
Participate in Our Fraud Survey: Your Opinion Matters!
We invite you to participate in our joint survey conducted
by FXStreet and Finance Magnates Group, which explores prevalent online
financial fraud types, platforms used for fraudulent activities, effectiveness
of countermeasures, and challenges faced by companies in tackling such fraud. Your
valuable insights will help inform future strategies and resource allocation in
combating financial fraud.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24