Latin America focused private bank and trading company Atlas Bank has announced a new strategic partnership with Centroid Solutions, a technology provider that specializes in risk management, quantitative analytics, connectivity, execution to improve risk-adjusted performance and strengthen sustainability for multi-asset brokers.

Daniel Caamano, Chairman of Atlas Bank said of the new partnership:

“Partnering with Centroid is an important step for us in offering our flexible liquidity and banking solutions to a wider audience of FX brokers. We are confident that through collaboration with businesses like Centroid that have the technology to help brokers access our services, it will allow us to serve more potential clients in a wide range of global jurisdictions. Our aim is to grow the Atlas FX business with these types of strategic partnerships to offer as many potential clients as possible the benefits of working with a bank that has a truly service led approach.”

Cristian Vlasceanu, CEO of Centroid Solutions added:

“We are delighted to establish this partnership with Atlas Bank and integrate our technology with their liquidity, clearing and settlement solutions. Our customers will benefit from this partnership by gaining access to high quality liquidity and can expand their offering through the extensive products offered by Atlas Bank, accessible via the Centroid Gateways aggregator engine.”

Atlas Bank is a Latin America domiciled, private bank that specializes in FX and precious metals clearing. It offers institutional seamless access to the foreign exchange market in a secure, transparent and competitive environment. The company offers competitive credit and flexible terms to meet the needs of a variety of clients. Atlas Bank offers a wide range of corporate and private banking products and services with exceptional client support.

Centroid Solutions is a fintech innovator specialising in risk management, quantitative analytics, connectivity, complex execution strategies and P&L optimisation for multi-asset financial brokers. Centroid offers a complete suite of technology solutions and infrastructure that is specifically designed to help brokers optimise their business performance, expand their product offering and facilitate business growth.

The company’s flagship offering includes: Centroid24 RMS, an all-in-one risk management software that automates in real-time all risk management and analytics activities for the dealing department and decision-makers of the company. Centroid Gateways Aggregation Engine, an innovative multi-asset bridging and execution engine, featuring a quant-based execution technology which enables flow allocation at a granular trade level, based on any quantitative risk factors the broker is tracking. The execution engine opens up new revenue capturing capabilities for the broker, as well as greater flexibility for controlling the exposure, managing and optimizing the flow. Centroid Solutions also offers infrastructure and server hosting services, tailored for financial trading platforms.