Vibefin Tech Launches Accord with ForexValley, Enhancing EMIR Solution
- The joint accord will help undercut costs for clients that can circumvent traditional platform restraints.
Vibefin Technologies, a transaction reporting automation service provider, has launched a partnership with ForexValley Technologies to help foster and extend its European Market Infrastructure Regulation (EMIR) transaction reporting solution, per a recent Vibefin statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Vibefin Technologies services the retail sector, catering to a number of different retail and prime brokers necessitated by EMIR/ MiFIR regulatory edicts. The group’s transaction solution will be integrating with ForexValley Technologies in a bid to help automate via its comprehensive FX suite.
Andreas Zarifis, CEO, Vibefin Technologies
In particular, the joint accord will help undercut costs for clients that can circumvent traditional platform restraints that are typically incurred through the use of multiple vendors. Furthermore, the versatile platform can be fully assimilated with any Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider or prime broker.
According to Andreas Zarifis, CEO of Vibefin, in a recent statement on the accord: “I truly believe we have the one of strongest solutions in the market and with ForexValley, their strength, offering and flexibility we can provide our reporting solution without the need for customers to wait for integration or incur integration costs.
This is a large saving considering the high capital impact EMIR has on new brokers entering the market or existing brokers with various vendors and IT legacy systems, especially with MiFIDII in the horizon.”
Vibefin Technologies, a transaction reporting automation service provider, has launched a partnership with ForexValley Technologies to help foster and extend its European Market Infrastructure Regulation (EMIR) transaction reporting solution, per a recent Vibefin statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Vibefin Technologies services the retail sector, catering to a number of different retail and prime brokers necessitated by EMIR/ MiFIR regulatory edicts. The group’s transaction solution will be integrating with ForexValley Technologies in a bid to help automate via its comprehensive FX suite.
Andreas Zarifis, CEO, Vibefin Technologies
In particular, the joint accord will help undercut costs for clients that can circumvent traditional platform restraints that are typically incurred through the use of multiple vendors. Furthermore, the versatile platform can be fully assimilated with any Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider or prime broker.
According to Andreas Zarifis, CEO of Vibefin, in a recent statement on the accord: “I truly believe we have the one of strongest solutions in the market and with ForexValley, their strength, offering and flexibility we can provide our reporting solution without the need for customers to wait for integration or incur integration costs.
This is a large saving considering the high capital impact EMIR has on new brokers entering the market or existing brokers with various vendors and IT legacy systems, especially with MiFIDII in the horizon.”