Devexperts Partners with Turkish Financial Firm TEB Yatırım

Devexperts, a financial markets Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term, announced today that it has partnered with TEB Yatırım (TEB Investment Securities), one of the leading financial firms in Turkey, to modernize their trading software infrastructure with innovative products.

According to the official press release, Devexperts is currently working on 4 proprietary products for TEB Yatırım which consists of a new Mobile Application, an Order Management System (OMS), a FIX gateway and a Web Admin Panel.

The Turkish company plans to facilitate its clients with the introduction of new trading products developed by Devexperts. The new mobile application for Android and iOS will enable users to send equity and derivative orders directly to the BIST Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term. The new application will support the use of the most popular indicators along with technical and fundamental analysis for traders.

Commenting on the recent announcement, Selim Yazıcı, CEO of TEB Yatırım, said: “Our country is developing fast, attention to investments from Turkish citizens is growing. We believe that with our modern trading applications, developed according to the latest global standards, we will aid in the success and prosperity of our clients.”

Financial Software Development

The demand for innovative and smooth financial trading products has been on the rise for the last few years. The growing interest in financial trading made it compulsory for financial service providers worldwide to offer easy-to-use financial trading software.

“We are grateful to TEB Yatırım that they chose us to deliver these technologically complex software components and update their trading infrastructure. As Devexperts specializes in financial software development, many products that we have delivered to our clients were appraised at 5-stars in app stores by their traders. We will adhere to our best practices and standards to contribute to the success of TEB Yatırım,” Oğuzhan Karakoç, CEO of Devexperts Türkiye, said in a statement.

Founded in 1997, TEB Yatırım Menkul Degerler is a brokerage arm of Türk Ekonomi Bankası A.Ş, one of the leading banks in Turkey.