just now
IG Prime, the institutional arm of IG Group, a FTSE 100 company, has confirmed Investec Prime Services, a business unit within Investec Bank Limited, as a new partner for its institutional white label solution.
The solution gives institutional clients in South Africa access to IG’s multi-asset global trading platform under the Investec Prime Services brand. IG Prime said the partnership reflects IG’s focus on expanding market reach and accelerating growth through customised, technology-powered collaboration.
The white label offering provides partners with:
- Access to a full range of derivative products across equities, indices, foreign exchange, commodities and fixed income, drawing on the c.19,000 financial instruments IG offers globally, including 12,000 different equities
- Full integration with IG Prime’s low latency execution infrastructure
- 24/5 access to selected equity markets, plus weekend index and foreign exchange markets
- A fully branded front-to-back offering combining trading, analytics and risk management within a secure and scalable environment
- A platform designed to meet high regulatory standards
IG Prime’s brokerage business serves institutional funds and clients with synthetic, trading and financing solutions. The platform provides global market access via desktop and mobile channels, as well as proprietary execution systems.
IG Prime said that giving institutions full access to IG’s established technology and architecture, which benefits from a substantial programme of continuous investment and innovation, offers advantages over building and maintaining their own platforms for clients.
Babita Ittoo Devillers, Managing Director, IG Prime
Babita Ittoo Devillers, Managing Director, IG Prime said:
“The go-live of our white label offering was a pivotal step for IG Prime. Our technology infrastructure is built not just to serve our own institutional clients at the highest level, but to power the ambitions of leading financial brands globally. The strength of interest from prospective partners gives us real confidence in the scale of the opportunity ahead.”
Found this interesting? Become a member of LiquidityFinder and get daily industry news direct to your inbox, join here.
