Further expanding its network of financial markets connections, broker connectivity solutions provider Centroid Solutions has announced a new successful integration with SNB Capital, the leading broker on the Saudi Exchange and largest investment bank in the Kingdom of Saudi Arabia. This partnership will allow Centroid Solutions’ clients seamless access to one of the largest and most liquid financial markets in the Middle East, the Saudi Exchange (Tadawul).

Through this integration, brokers utilising Centroid Bridge can connect directly to SNB Capital, enabling efficient and secure trading of equities within Tadawul. As the gateway to the Saudi market, this partnership offers significant opportunities for Centroid’s clients, allowing them to capitalise on Saudi Arabia’s rapidly expanding financial ecosystem.

About Centroid Solutions

Centroid Solutions is a fintech leader offering comprehensive technology solutions for multi-asset financial brokers. The company’s portfolio includes advanced risk management tools, connectivity solutions, execution strategies, and business performance optimization tools. Centroid’s technology is designed to help brokers streamline their operations and enhance trading capabilities across a wide range of asset classes.

At Centroid Solutions, we are dedicated to providing brokers with innovative technology solutions that facilitate growth and market access.

About SNB Capital

SNB Capital Company, a licensed entity by Capital Market Authority (CMA), is a leading regional financial institution with deep industry expertise across five business lines: Asset Management, Wealth Management, Securities, Investment Banking, and Principal Investments. SNB Capital is the largest asset manager in Saudi Arabia with SAR 260 billion (USD 69.3 billion) of assets under management as of March 2024. SNB Capital (DIFC) Limited is established in the DIFC and regulated as a category 3A prudential financial institution by the DFSA specializing in the asset management of alternative assets.