Toomit’s Solutions Make Strong Splash at iFX EXPO, What’s Next for the Group?

Last week saw the financial services industry descend upon Limassol, Cyprus for the iFX EXPO, with leading fintechs and venues highlighting the attendees. This included Toomit, which saw its innovative solutions on full display during an event that ended up being a strong showing for the industry as a whole.

The 2018 iFX EXPO saw thousands of attendees across the financial services space, including brokers, IBs, technology providers, and many others. The two-day event also saw several areas of focus including new technology in the FX and CFDs industry that has proven to be instrumental in surviving in a newly tightened regulated space.

Standing out in the crowd

In light of these developments, several companies also stood out amongst the crowd, which saw no shortage of big names and game changing solutions. For its part, Toomit’s solution suite was of particular note, given the aforementioned reliance on Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based trading platforms and the premium these solutions will play moving forward.

Toomit has been at the forefront of solutions development and innovation in not only the fintech space but the broader financial services segment for the past few years. Its recently launched product and price driven market solution, TOOMEET, has already made a strong splash, as indicated by a string of recent partnerships and brokerage accords.

Indeed, Toomit has been involved in several partnerships and leading projects, as its solutions have been in demand amongst CFD and cryptocurrency brokerages. This includes partnerships with Tradeberry, Ormaexchange, and Beetom, with several others already slated for the H2 2018.

The core element of Toomit’s solutions suite is TOOMEET, its cloud-based 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 suitable for CFD brokers. The platform helps facilitates both existing and future brokers to quickly deploy a dynamic trading ecosystem. One of the biggest draws of the solution is that it operates as a distributed web application requiring no infrastructure as well as a very low cost of implementation that brokers will be very receptive to.

Security and regulatory focus

If the iFX EXPO showed us one thing it was that brokers and clients are now focusing on data security more so than ever before. With the rising specter of cyber threats and other breaches growing, the need for secure data and interfaces are critical for the longevity and success of brokerages and other operations.

Given this need for both fast and secure data, TOOMEET is offering a fully integrated back office and CRM that provides full KYC & AML integration. As such, automated compliance alerts, customizable compliance templates, unlimited document cloud storage, and multi format import/export capabilities are also supported.

Work hard, play harder

In the summer heat of Cyprus, Toomit managed to make quite a splash at the iFX EXPO. The company was present at multiple exclusive parties, including the luxurious Columbia Beach and Guaba Beach Bar. Having met and mingled with all leading executives over drinks and other entertainment over the two-day event, the company seems primed to continue its momentum heading into H2 2018 and beyond.

Find out more about Toomit and what its solutions can do to help your business.

Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates