FXCM Pro Partners with Centroid Solutions for automated risk management

August 18, 2020 - FXCM Pro, the institutional arm of the FXCM Group, LLC has announced today that it is partnering with Centroid Solutions to provide FXCM Pro's institutional clients with a range of automated risk management solutions.

The partnership will aim to supplement trader confidence by mitigating the risks posed by legacy technology still in use on major trading platforms.

Centroid’s technology provides its clients with risk management services and real-time analytics. Available across a range of trading platforms, FXCM Pro’s clients now have access to Centroid’s all-in-one suite of trading technology to manage and monitor risk, optimise execution, and observe regulatory requirements through automated reporting from a single framework.

With this partnership, FXCM Pro’s clients will have access to risk mitigation solutions, all the while benefiting from FXCM Pro’s institutional liquidity.

Richard Bartlett, Head of Business Development at Centroid Solutions, commented on the partnership: “Establishing this partnership with FXCM Pro creates significant added value to the client bases of both firms. Both companies share the same ethos and ongoing commitment to offering the very latest tools and services to the market for both existing and new clients alike, therefore, establishing such an alliance was a natural move. The current FX landscape is a very challenging environment to operate in, so having the best of breed liquidity solution coupled with next generation risk management is essential for our respective clients to maintain efficiency and at the same time maximise performance results. We are excited to bring this to the market.”

Mario Sanchez, Managing Director and Global Head of FXCM Pro, commented: “Our work with Centroid is all about providing clients with a seamless trading experience while harnessing market-leading and ESMA-compliant risk management technology. Together, we are delivering unique solutions for managing, monitoring, and reporting risk to clients at a very critical time. While legacy risk mitigation systems are an unfortunate part of many of the most popular trading platforms, we are providing our customers the latest technology so that they can continue executing their trades confidently on whichever platform they wish to use.”

Centroid Solutions are an FX technology provider that combines real-time analytics, sophisticated risk-management, and advanced connectivity to improve risk-adjusted performance and improve sustainability for brokers. Centroid incorporate quant-based risk management and client analytical tools into a low-latency aggregation engine.Centroid provides connectivity to all trading platforms, such as MT4/5, cTrader and any proprietary trading applications, as well as to liquidity providers globally. Centroid have established their own infrastructure in Equinix LD4, NY4 and TY3 whereby they host clients trading platforms in co-location to their dedicated Centroid Hub and cross-connected LPs.