Alexander Geralis has left his position at Spotware Systems to launch Finthentic, a forex and contracts for difference (CFDs) fintech providing brokerage advisory service to companies.
"Finthentic is focused on bringing brokers the best technology solutions in the market, in the form of cTrader, MT4 and MT5 White Labels," Geralis explained to Finance Magnates.
"We are a complete solution for brokers looking to launch and start their business. From entity formation to deployment/integration and even outsourced 24/5 dealing desk solutions."
The company is now operational from Cyprus, but it is aiming to target businesses on a global scale. In addition, it has plans to open a new office in Dubai, which is seen as the financial hub of the Middle East and North African (MENA) region.
Moreover, Geralis revealed that the new company has been formed by a collective of professionals from all parts of the industry: platform providers, bridges and liquidity providers. "Our collective experience means we know the pains and blockers of brokers," he said, adding: "We come from all parts of the industry and want to deliver this value to the market."
Strong Ties with the FX Industry
Geralis is known for his tenure of more than three years at Spotware Systems, a Cypriot company that developed the popular third-party trading platform , cTrader. He joined the company as its Chief Product Officer in October 2018 and parted as the Head of Business Development.
Before that, he was a Bunker Trader at Cyprus-based Bunkernet. In the early years of his career, Geralis was a business journalist and spent time with Cointelegraph and Middle East Economic Survey.
