Centroid Solutions partners with Iress on real-time pricing data and trading APIs
Australia based fintech software provider Iress (ASX:IRE) has announced that it is partnering with Centroid Solutions, a fintech innovator specialising in bridging connectivity and risk management systems for multi-asset financial institutions, to bring real-time pricing data and trading APIs to Centroid’s client base.
The collaboration means Centroid’s online broker clients can gain real-time market data from global markets, integrated into their trading platforms in a fast, efficient and cost-effective way, via Iress.
Powered by Iress’s ConsolidatedFEED API data solution, Centroid can now offer its clients an enhanced, end-to-end solution for pricing and trading exchange traded products. Iress’s API data and trading solutions have been fully integrated into Centroid’s connectivity engine, Centroid Bridge, a sophisticated Liquidity Management and Order Execution Engine.
Iress Managing Director – Continental Europe, Lionel Sancenot, said,
“Iress’s ability to deliver high-performance API data feeds to power applications and provide managed trading infrastructure services means that we can provide the most comprehensive end-to-end solutions on the market. This agreement also demonstrates the immediate benefits we can generate for our partners as we help to enhance the trading outcomes for their end users. We look forward to a long and successful relationship with Centroid.”
Centroid Solutions’ CEO, Cristian Vlasceanu, said,
“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”
“With Iress, all the development and network configurations have been handled very smoothly and rapidly, and we anticipate seamless on-boarding for new customers to the offering. We are excited to grow our client base with these new, enhanced capabilities.”
Iress (IRE.ASX) is a technology company providing software to the financial services industry. It provides software and services for trading & market data, financial advice, investment management, mortgages, superannuation, life & pensions and data intelligence. Iress software is used by more than 10,000 businesses and 500,000 users globally. The company has over 2,250 people based in Asia-Pacific, North America, Africa, the UK and Europe.
About Centroid Solutions
Centroid Solutions is an award-winning technology provider specializing in risk management, bridging and execution engines, and hosting solutions for financial institutions. Centroid offers a complete suite of technology solutions and infrastructure that is specifically designed to facilitate enhanced connectivity to multi-asset financial markets, help brokers improve risk-adjusted returns, optimize operating costs, and facilitate business growth.