Financial and Business News

Centroid Solutions and Skale Partner to Enhance Offerings to FX Brokers

Tuesday, 10/10/2023 | 10:12 GMT by Arnab Shome
  • The two firms provide technology to the players in the trading industry.
  • The integration will "enhance operational efficiency, improve client relationships, and drive business growth."
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Centroid Solutions, a technology provider in the trading industry, announced its partnership today (Tuesday) with Skale, a CRM provider that comes pre-integrated with the FX market's leading trading platforms, payment service providers, KYC tools, and business intelligence tools.

A Strategic Partnership

The partnership resulted in the integration of Centroid Solutions' with Skale's CRM and client portal. According to the press release, the combined solution will enhance operational efficiency, improve client relationships, and drive business growth for multi-asset brokers.

"We are excited to partner with Skale to redefine multi-asset broker solutions," said Cristian Vlasceanu, the CEO of Centroid Solutions. "Skale, like us, is an award-winning and fast-growing technology provider, and we share the same belief in constantly providing our clients with innovative solutions that enhance their brokerage operations."

Cristian Vlasceanu, the CEO of Centroid Solutions
Cristian Vlasceanu, the CEO of Centroid Solutions

"Furthermore, both Centroid's bridging solutions and Skale's CRM and client portal support multiple trading platforms, making it convenient for our mutual clients to build their business using our feature-packed solutions. We strongly believe this partnership will help brokers build and strengthen their multi-asset brokerages."

Demand for Technology Is Rising

Centroid is known for offering technology and infrastructure solutions for the trading industry. Its solutions include tools for risk management, execution engines, bridging engines and hosting services. The platform also enhanced its offerings with its partnership with Dubai Financial Market to provide access to Middle Eastern markets and with Iress for providing real-time market data.

Meanwhile, in recent months, companies like TraderEvolution, FYNXT, and Match-Trader have also tapped Centroid's tools to enhance their services.

David Nussbaum, Founder and CEO at Skale
David Nussbaum, Founder and CEO at Skale

"We are thrilled that brokers using Centroid Solutions' technology now have seamless access to Skale's fully customizable back office, CRM, multi-layered IB portal, and traders' area," said David Nussbaum, Founder and CEO at Skale.

"This partnership not only helps both Centroid and Skale with our respective global expansion plans but also provides brokers worldwide with a complete, robust technology solution, ideal for operating in an ever-evolving and highly competitive market."

Centroid Solutions, a technology provider in the trading industry, announced its partnership today (Tuesday) with Skale, a CRM provider that comes pre-integrated with the FX market's leading trading platforms, payment service providers, KYC tools, and business intelligence tools.

A Strategic Partnership

The partnership resulted in the integration of Centroid Solutions' with Skale's CRM and client portal. According to the press release, the combined solution will enhance operational efficiency, improve client relationships, and drive business growth for multi-asset brokers.

"We are excited to partner with Skale to redefine multi-asset broker solutions," said Cristian Vlasceanu, the CEO of Centroid Solutions. "Skale, like us, is an award-winning and fast-growing technology provider, and we share the same belief in constantly providing our clients with innovative solutions that enhance their brokerage operations."

Cristian Vlasceanu, the CEO of Centroid Solutions
Cristian Vlasceanu, the CEO of Centroid Solutions

"Furthermore, both Centroid's bridging solutions and Skale's CRM and client portal support multiple trading platforms, making it convenient for our mutual clients to build their business using our feature-packed solutions. We strongly believe this partnership will help brokers build and strengthen their multi-asset brokerages."

Demand for Technology Is Rising

Centroid is known for offering technology and infrastructure solutions for the trading industry. Its solutions include tools for risk management, execution engines, bridging engines and hosting services. The platform also enhanced its offerings with its partnership with Dubai Financial Market to provide access to Middle Eastern markets and with Iress for providing real-time market data.

Meanwhile, in recent months, companies like TraderEvolution, FYNXT, and Match-Trader have also tapped Centroid's tools to enhance their services.

David Nussbaum, Founder and CEO at Skale
David Nussbaum, Founder and CEO at Skale

"We are thrilled that brokers using Centroid Solutions' technology now have seamless access to Skale's fully customizable back office, CRM, multi-layered IB portal, and traders' area," said David Nussbaum, Founder and CEO at Skale.

"This partnership not only helps both Centroid and Skale with our respective global expansion plans but also provides brokers worldwide with a complete, robust technology solution, ideal for operating in an ever-evolving and highly competitive market."

About the Author: Arnab Shome
Arnab Shome
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Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well. His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report. Area of coverage: 1. CFD broker-related news 2. Industry-related Regulatory updates and developments 3. New retail trading trends 4. Prop trading industry updates 5. Executive interviews Education: Bachelor of Technology - National Institute of Technology, Agartala (India)

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