SMARTTRADE PLANS EXPANSION IN 2023 FOLLOWING 2022 STRONG GROWTH

KUALA LUMPUR, Jan 13 (Bernama) -- smartTrade Technologies, a leading provider of end-to-end multi-asset electronic trading solutions reported a highly successful 2022, during which the company has continued to build on the achievements of previous years.

In a statement, smartTrade said the acquisition of Toronto-based TickTrade Systems, finalised in 2022, has integrated all products and teams globally in which the combined expertise of the two companies allowed smartTrade to develop and release a combined LiquidityFX next generation platform.

The new release combines the rich functionality of smartTrade’s LiquidityFX platform with a new value proposition for analytics, payments, crypto and automation, thereby delivering a huge amount of value to the foreign exchange (FX) market.

“Growth will be the main focus in 2023, and with the integration of TickTrade now complete, we have our sights set on new acquisitions as a way of expanding both our product offering and our geographical coverage.

“We look forward to the opportunity to offer even greater value to our clients and to their customers,” said its chief executive officer and co-founder, David Vincent in a statement.

2022 also saw the development of smartTrade’s meta cloud technology, allowing the company to deploy and manage its infrastructure seamlessly using either its own private cloud or existing public clouds which is entirely managed by smartTrade and combines cost-effectiveness with security and reliability.

The company acquired several new clients last year, extending its coverage in the United Kingdom, Japan, United States of America, Switzerland and the Nordic region, besides opening an office in Paris, France in November as part of its commitment to a growing number of local clients.

smartTrade also strengthened its executive leadership team across Europe, bringing valuable expertise in operations, human resource and finance.

A significant part of the company’s revenue in 2022 was a result of upsales, a testament to smartTrade’s expertise, and the strength and relevance of its roadmap investment.

Headquartered in Aix-en-Provence, France, smartTrade consists of approximately 300 experts in electronic trading who are deploying, implementing, and supporting its range of solutions helping customers achieve business growth.

-- BERNAMA