The capital markets industry is intertwined with technology in an ambitious bid to update legacy systems, improve cybersecurity and enhance the customer experience. In the online trading space, millennial investor base continues to grow, and providers are seeking to cut down on monthly fees and offering low-cost price-per-trade services for trading platforms. Advances in technologies are allowing firms operating within the Trading space to get ahead and differentiate. By embracing the latest innovations, old legacy architecture, systems and methodologies will be replaced for the continuous pursuit for efficiency, improvement, and legacy modernization.
That being said, to achieve this, it is imperative enterprises get their technology strategy right. Trading platforms providers are currently focusing on the integration of emerging charting tools that will allow traders to access real-time market analyses and reports. Additionally, powered by A.I, Machine Learning, block-chain, and big data—these trading platforms can facilitate intuitive presentations using graphs and charts of market reports. These technologies have augmented the efficacy of the trading platform with the ability to assist traders in tracking history, interpret transactions, and strategize business actions in real-time. Thus, bringing actionable intelligence to the decision-making table.
Application Program Interfaces (APIs) are enabling traders to develop automatic or algorithmic trading systems for efficiency and improved decision-making. Innovative trading methodologies such as High-Frequency Trading (HFT), an algorithmic technique of executing a trade is adding a new dimension to the ever-evolving trading platforms. From the exchange of equities to currencies, the trading platform has bridged the gap between capital markets and investors by simplifying and expediting the buy-sell process for brokers, enterprises, and investors.
On the other hand, more companies are aiming to invest in open source technology. Given that, the technology would make it easier for exchange customers to access data in real-time. As such, companies can accelerate innovation in the differentiating parts of their platform while leveraging the underlying foundational innovation of the broader open source community. Financial firms are using IoT to identify the most suitable solutions in other sectors and leverage the technology architectures to enhance their offerings.
While the utilization of technology is a critical pillar of success to ensure long-term growth, it is simultaneously a tedious task for stakeholders to zero in on one from the vast assemblage of solutions. To help organizations and leaders select the best vendors and advance their Trade initiatives, a distinguished panel comprising of prominent CEOs, CIOs, VCs, and industry analysts, along with Capital Market - CIO Outlook Magazine’s editorial board has assessed and shortlisted Trading Solution Providers that are at the forefront of providing cutting-edge technology solutions. These companies offer robust products coupled with innovative strategies that are distinctively prominent in the field. We present to you “Top 10 Trading Solution Companies 2019”.