Valantic Financial Services Automation (FSA), a top-notch cross-asset electronic trading and automation solution provider, has completed a strategic investment in Velox Financial Technology, a global fintech company providing low-code software development tools.
The investment has been made with the objective to accompany and add further flexibility to its industry leading digital trading business.
This notable investment would be strengthening the strategic technology partnership with Velox. The partnership will also allow valantic FSA to pilot new products to market swiftly and drive more development in their new client solutions business.
Joachim Lauterbach, CEO, valantic FSA, said, “Capital market participants demand the most technologically advanced solutions. This investment strengthens our partnership with Velox and opens up additional opportunities to release innovative products as we continue to grow our client solutions business. Having already helped some of the most successful Fixed Income, FX and Equity firms upgrade their technology, we look forward to leveraging Velox’s low-code development framework to build out our next generation trading capabilities.”
This partnership commenced in mid-2021 and recently peaked in the successful instigation of the first phase of the new repo trading platform of valantic FSA. The platform is based on HTML5 technology and open integration for data visualization inside the application.
Capital markets development acceleration tools of Velox are driven to complement a wide range of pre-packaged components of valantic FSA.
Jon Butler, CEO, Velox, cited, “valantic FSA has anticipated that capital markets firms need next generation technology to help them monetize their data assets better, increase automation and speed up innovation. We are delighted that valantic FSA, as one of the leading global Capital Markets technology firms, have recognized our ability to accelerate their mission to satisfy this vendor growing demand.”