Gold-i’s Visual Edge is An Essential Business Intelligence Tool for Brokers
FNG Interview… Over the last 15 years, Gold-i has developed a full suite of products for brokers, liquidity providers and crypto institutions to help them to operate more effectively, reduce risk and become more profitable. With demand for business intelligence tools at an all-time high, FNG puts a spotlight on Gold-i’s Visual Edge and asks Tom Higgins, Gold-i’s CEO, to explain about its features and benefits.
FNG. Hi Tom. Tell us about Gold-i’s Visual Edge.
Tom: We launched our Visual Edge business intelligence tool ten years ago to provide dealing desks and risk managers with an unparalleled understanding of their clients’ trading performance. We’ve been evolving it ever since to maintain its market-leading capabilities, enabling multi-asset brokers to manage risk, maximise the efficiency of their operations and increase profitability.
Visual Edge stands out for its broad range of essential features for the dealing desk, compliance, finance and marketing departments and its pre-defined but highly customisable dashboards which help brokers manage their exposure and P&L and also meet the latest global regulatory requirements. Whenever we show the product to potential clients, they are always impressed by the way the data is presented – it’s really clear, with near real-time updates. The combination of our dashboards, our automated alerts, customised to a broker’s specific requirements, and the scheduled daily reports enable brokers to precisely monitor the key metrics that drive their trading operations.
FNG: How can brokers use Visual Edge to drive decision making?
Tom: As Visual Edge provides a complete oversight of a broker’s trading operations, it enables them to make informed decisions about which clients to A-Book and which to B-Book – and by optimising their A Book and B Book flows, they are able to maximise profits. I actually don’t know how a broker can be confident in their risk and trading decisions without easy access to this type of data.
FNG: What are the most popular features in Visual Edge?
Tom: One of the most popular features is Visual Edge’s advanced scalper detection which enables brokers to identify toxic clients and reduce losses. Scalpers can be a real challenge for brokers. If they have access to a faster price source than the broker’s, they will use it to their advantage, making money every time they trade and draining a broker’s profits, unless the broker is able to close them down or A Book them quickly enough. Our software automatically watches out for scalper traders and issues alerts when it detects them, enabling brokers to act accordingly and protect their profits.
FNG: How easy is it to deploy Visual Edge?
Tom: It’s simple! It’s a web-based tool that integrates seamlessly with MT4, MT5 or any other trading platform with a real-time database. It’s robust and reliable software, and clients have access to our expert global support team 24/7. There’s a video about Visual Edge on our website for anyone who wants to find out more.
FNG: Which other Gold-i products are you currently seeing an increased demand for?
Tom: We launched our Swap Free Plug-In in response to client demand and it’s attracting a lot of interest because it provides MetaTrader brokers with the ability to offer trading accounts that do not pay interest. It prevents MT4/MT5 from creating a swap on open positions, enabling brokers to charge a commission instead. Multiple methods are available to calculate the commission charge, giving flexibility and control to the broker. It is competitively priced, available on a fixed fee basis, and is also available as a standalone product. This makes it accessible to all MetaTrader brokers, without them having to change their existing infrastructure.
FNG: What other trends is Gold-i currently seeing?
Tom: With crypto interest at an all time high, we are seeing huge opportunities for clients and we’re working in partnership with a regulated Prime of Prime, enabling them to distribute their crypto liquidity to institutional clients and professional investors. Prop firms are another area in which we are seeing a massive increase. Our MatrixNET liquidity management platform provides access to the necessary trading infrastructure, with capabilities not available from other providers.