Finance Magnates has learned that Nir Elbaz will join O-SYSTEMS, the binary options, forex and CFD online brokerage solution provider, to head the operations of its trading platform OSYSFX.
Mr. Elbaz will take on the role of CEO, replacing founder Haim Lagziel effective January 2018. He will be based out of Cyprus and will focus on developing relationships with new clients and partners.
OSYSFX is a B2B trading platform for FX and CFDs brokers which emphasises automation. The service helps the broker to better understand his client, cutting overall costs. Once the client is onboarded, its funnels and smart segmentation convert customers more efficiently and effectively than traditional broker-calls-client systems, the technology provider claims.
Prior to O-SYSTEMS, Mr. Elbaz served as the executive director of the CySEC-regulated portfolio management provider Invest.com, which has recently acquired binary options brand Anyoption and its affiliated cluster of companies.
Cyprus-based O-SYSTEMS operates as a one-stop shop for most necessary operations in the fields of forex, CFDs, cryptocurrency and binary options. From platforms, back office services, customer relationship and risk management to marketing and affiliates systems – O-SYSTEMS has it all covered.
O-SYSTEMS recently applied its fully-automated concept into the cryptocurrency markets. Finance Magnates previously covered the upcoming launch of its latest product, Cryptency, a cryptocurrency platform provider. This will be in cooperation with Vista Brokers, a CySEC-regulated firm.