Finalto Creates Analytics Platform for Liquidity Clients

Finalto, a leading global financial service provider, announced the creation of a new analytics platform designed to help its liquidity clients get best possible pricing.

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The analytics platform collects massive amounts of information, analyzes the data through its analytical engine, and stores the data in a secure and easy-to-access manner. The platform provides clients with insights based on the analysis of real-time aggregated liquidity data.

Andy Biggs, Head of Liquidity at Finalto, said: "We have technology that does exactly what we want to look at the huge amounts of data that we have, to come to conclusions on how we can manage the flow and how we can provide the best prices to clients." 

He explained: "We can say 'hey, we can see why the flow is difficult'. Here's the fact of why it's difficult. So why don't we manage the liquidity with a scalpel instead of an axe. So, we just cut the little bit that we need as opposed to chopping the whole client or the whole feed".

Finalto is going to enhance its Non-Deliverable Forwards (NDFs) offering, improving the liquidity behind this product to improve the product quality, as seen on the company's blog.

As Fazzaco reported previously, Finalto, a financial trading arm once owned by the gambling software development company Playtech, was sold to Gopher Investments for $250 million on June 15. According to the sale and purchase agreement between the parties, the acquisition will be completed by the end of this month.