Ayondo Expands B2B Offering in Asia with a New White Label Deal

Social-trading technology provider Ayondo has entered into a White Label agreement with Huanying International as the SGX-listed investment firm continues pursuing its Asian B2B strategy.

As per the white label stipulations, Ayondo will provide Huanying’s client base with fully managed white label services to trade equities, indices, forex, and commodities. Huanying will leverage the company’s contract-for-difference (CFD) TradeHub platform plus Ayondo’s execution and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term services.

In 2016, Ayondo acquired TradeHero, a developer of a popular investor- education application, which allowed the company to expand its offerings and operations in Asia. Through the TradeHero brand, Ayondo also targets Chinese traders with a simplified casual trading product.

Also in 2017, Ayondo Group activated its portfolio management license issued by the German regulator (BaFin) making the social platform the first fintech company to offer its services under such a license.

Ayondo has inked more than 25 B2B partnership deals in Asia, ranging from white label partners to introducing brokers. In Singapore, the company has teamed up with local brokerage firm KGI Fraser Securities to launch a contracts for differences (CFDs) platform, also based on Ayondo’s existing TradeHub system.

Founded in 2008, Ayondo offers a broad spectrum of services that cover both retail and institutional sectors. The group claims to have 210,000 users from 195 countries on its social Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

Last month, Ayondo’s UK arm reported its financial statements for its 2017 fiscal year. Overall the firm saw a continuation of growth, although it was at a slower rate than previous years.

Commenting on the news, Robert Lempka, chief executive officer and co-founder of Ayondo, said: “As part of Ayondo’s China growth strategy, we are very excited at the opportunity to work with Huanying to provide a wide range of products to their clients. Huanying is a great partner for us to extend Ayondo’s footprint in this important growth region of Asia.”