NEW YORK, May 18 /PRNewswire/ --
- TraderTools' LMP now equipped with superior white-labeling capabilities and a market-leading architecture for eFX trading, trade messaging and financial data distribution
TraderTools Inc. (TraderTools), a provider of business solutions, software and services to financial institutions trading FX, announced today that it signed an OEM agreement with Caplin Systems Ltd., the leader in web-based trading technology. Caplin Trader, which enables access to a broad range of instruments via a single Web front-end, will be integrated with TraderTools' Liquidity Management Platform allowing for superior white-labeling capabilities.
Delivering a high-quality trading experience directly to client desktops around the globe is a major technical challenge, explained Paul Caplin, CEO of Caplin Systems, particularly for multi-product trading. Caplin Trader has already met this challenge successfully for investment banks, and we are excited now to be providing an OEM solution for TraderTools. We are looking forward to working with them to create a unique FX trading screen that will be easy to integrate with other asset classes.
By integrating with proven technologies, we continue to increase our competitive edge while concentrating on our core competencies, added Yaacov Heidingsfeld, COO of TraderTools. By working with Caplin, we benefit from forward-looking thin-client technology and a rapidly deployable user interface, while our customers benefit from increased scalability and reliability as well as reduced latency.
TraderTools' LMP streams rates from liquidity sources into a pricing module, where they are made available to dealing and order management modules. An execution module closes deals and fills orders, to complete the trading circuit. The platform's Dynamic Liquidity Manager(TM) constantly calibrates both pricing and execution modules, for optimum efficiency and performance.
Caplin Trader is a platform for building outstanding financial trading portals. It enables financial institutions to deliver multi-product execution direct to their clients' browsers, in a style precisely tailored to their needs. Caplin Trader gives e-trading groups a powerful new way to attract and retain clients, reduce trading costs, boost deal flow, cross-sell products, and rapidly roll out new offerings.
About Caplin Systems
Caplin Systems is the pioneer of web technology for the capital markets. Caplin makes it quick and easy to deploy functionally-rich online trading solutions, enabling investment banks, exchanges and brokers to communicate directly in real time with their customers. With all the security and reliability of a private network, but at a fraction of the cost, its multi-award winning software allows for instant trading, including the delivery of trade messaging and market data.
Caplin's technology serves over 80,000 clients of top tier financial institutions such as Calyon, Citi, Merrill Lynch, Royal Bank of Scotland, UBS, UniCredit, Nomura, Royal Bank of Canada and ABN Amro.
To learn more, visit www.caplin.com.
About TraderTools
TraderTools(TM) Inc. is a provider of business solutions, software and services to financial institutions trading FX. TraderTools' Liquidity Management Platform(TM) is the only system to integrate the four disciplines of electronic FX trading: pricing, dealing, order management and execution. Our unique Dynamic Liquidity Manager(TM) monitors and controls inward and outward liquidity flows, making pricing and execution decisions in real time. We empower banks to maintain their leadership positions in FX with a single deployment and a single point of contact. And we work together with them to activate functionality according to their business strategy and timetable. Learn why the world's financial services giants are using TraderTools, powered by Smart Trade, to better manage their liquidity and optimize their FX trading operations, by visiting www.tradertools.com or emailing us at sales@tradertools.com.
TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline The eFXperts are trademarks of TraderTools Inc.
Mark Mayerfeld, EVP, International Sales, +1-212-333-3770, ext. 229, mark@tradertools.com or Ian Tick, Director, Marketing, +972-9-740-8880, ian@tradertools.com, both for TraderTools; or Adam Hawley, Commercial Director, Caplin Systems Ltd., +44-(0)-20-7826-9630, adam.hawley@caplin.com; or Evelina Amanatidou of Metia for Caplin Systems, +44-(0)20-3100-3592, evelina@metia.com
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