<p>Centroid Solutions is <a href=”https://www.financemagnates.com/institutional-forex/centroid-solutions-enhances-liquidity-offering-with-gcex-partnership/” target=”_blank” rel=”follow”>enhancing its offerings</a> by bringing real-time pricing data and trading APIs with its latest partnership with Iress (ASX: IRE), an Australian financial services industry technology company.</p><p>Centroid Partners with Iress</p><p>Announced on Wednesday, the collaboration between the two companies will ensure that Centroid’s online broker clients can access real-time market data from global markets and integrate them into their platforms in “a fast, efficient, and cost-effective way.”</p><p>With the integration of Iress’s ConsolidatedFEED API data solution, Centroid can offer clients an enhanced, end-to-end solution for pricing and trading exchange-traded products.</p><p>”It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress, we have found absolutely the right partner to add to our client offering,” said Cristian Vlasceanu, the CEO of Centroid Solutions.</p><p>Centroid is a <a href=”https://www.financemagnates.com/tag/centroid-solutions/” target=”_blank” rel=”follow”>technology solutions and infrastructure provider</a> to the trading industry, offering <a href=”https://www.financemagnates.com/terms/r/risk-management/” class=”terms__main-term” id=”aedb745c-adf9-415f-97e2-ee56a920f0f8″ target=”_blank”>risk management</a>, bridging and <a href=”https://www.financemagnates.com/terms/e/execution/” class=”terms__secondary-term” id=”60010adb-9e25-4bff-9822-c9210deec853″ target=”_blank”>execution</a> engines, and hosting solutions. It explicitly targets brokers with multi-asset offerings improving their risk-adjusted returns and optimizing operating costs, among other things.</p><p>An explanation of Centroid Solutions’ services.</p><p>Centroid has integrated Iress’s API data and trading solutions into its connectivity engine, Centroid Bridge, a sophisticated Liquidity Management and Order Execution Engine.</p><p>”With Iress, all the development and network configurations have been handled very smoothly and rapidly, and we anticipate seamless on-boarding for new customers to the offering. We are excited to grow our client base with these new, enhanced capabilities,” Vlasceanu added.</p><p>Check out the FMLS22 session on “Market Data amid Global Turmoil and Accelerated Digitalization.”</p><p>Demand for Trading Technology Is Growing</p><p>Iress is a major player in the <a href=”https://www.financemagnates.com/institutional-forex/brokerage/sova-capital-teams-up-with-iress-to-adopt-its-oms/” target=”_blank” rel=”follow”>financial services technology market</a>, offering software and services for trading and market data, financial advice, investment management, mortgages, superannuation, and data intelligence, among other things. According to the company, more than 10,000 businesses and over 500,000 users globally use its software.</p><p>”Iress’s ability to deliver high-performance API data feeds to power applications and provide managed trading infrastructure services means that we can provide the most comprehensive end-to-end solutions on the market,” said Lionel Sancenot, Iress’ Managing Director of Continental Europe.</p><p>”This agreement [with Centroid] also demonstrates the immediate benefits we can generate for our partners as we help to enhance the trading outcomes for their end users. We look forward to a long and successful relationship with Centroid.”</p>
This article was written by Arnab Shome at www.financemagnates.com.
