The financial industry has seen quite a bit of consolidation in the past few years and we look forward to pioneering the reversal of this trend.
CHICAGO, IL (PRWEB) May 08, 2013
Financial trading technology provider Scaled Dynamics, Inc. and its holding company, seeking to expand its business and technological capabilities, has formed a strategic partnership with Neotick, Inc. to build its next generation, multi-asset, multi-currency, multi-broker trading platform, SD_Connect. It is anticipated be a complete playing field leveler by putting the tools previously available only to the most sophisticated professionals into the hands of everyday traders and investors.
“I’m very enthusiastic about partnering with Scaled Dynamics,” says Neotick CTO, Belal Faruki. “Their front end is going to dramatically change the way that everyday traders look at auto-quoting and algorithmic strategies. I have little doubt that Scaled Dynamics will be a game changer in making institutional and high frequency tools accessible to the masses.”
“Neotick has all of the infrastructure and piping experience that Scaled Dynamics has been lacking. We’re confident that the combination of Gatekeeper, our flagship front end, with Neotick’s expansive exchange connectivity and scalable messaging bus will allow us to build the end-all-be-all of trading platforms. The financial industry has seen quite a bit of consolidation in the past few years and we look forward to pioneering the reversal of this trend,” says Justin Braun, Chief Executive Officer of Scaled Dynamics. “At a time when other vendors are responding to the conditions by lowering their prices, we’re more focused on enhancing our offering.”
Neotick was founded in 2006 to be the premier provider of low latency trading software to capital markets trading firms. Founded by industry veteran, Belal K. Faruki, Neotick leverages more than a decade of experience building low latency, high throughput systems. Neotick is a leader in trading technologies and can leverage its vast repository of intellectual capital, architecture, testing, and development methodologies in addition to its suite of Neostation, Neotronic, and Neobus to deliver robust and efficient systems. Mr. Belal K. Faruki is an expert in financial technology and a leader of Cloud based solutions for financial technology. He holds a number of industry patents surrounding market data displays and optimized messaging protocols.
Scaled Dynamics, Inc.
Launched in 2010 by industry trailblazer, Justin Braun, Scaled Dynamics is a premier Independent Software Vendor (ISV) catering to the software needs of automated and algorithmic trading end-users across the globe, including Futures Commissions Merchants (FCMs), proprietary trading operations, brokers, and individual traders. Headquartered in Chicago, Scaled Dynamics offers application development services in addition to its suite of high-performance execution and risk management products.