
Meeting the On-line Trading Challenge
The world's financial institutions and brokers are becoming increasingly challenged by the speed of technological change and fragmentation in the financial markets.
On-line trading has become a very popular means to execute transactions involving a multitude of financial products. A recent research report estimates that on-line brokerage assets would grow by more than sevenfold to more than $3 trillion by 2003 (Source: Sep. 1999 Jupiter Communications Inc.). This boom is attributable to a number of factors including increased acceptance of the Internet as a secure channel for trading and defensive moves by traditional bricks-and-mortar brokerage firms.
Recent globalisation developments and intense competition in local markets has put pressure on all types of financial institutions to participate in on-line trading. These developments have translated into the following challenges:-
- Cost Control
- Expansion of Revenue Base
- Diversification of Product Offering
- Consolidation and Expansion of Customer Base
- Competition from Established On-line Brokers
We are committed to providing traditional financial institutions and brokers with the technology to meet these challenges.
ECTX technology is ideally suited for:
- Brokers and Market Makers
- Portfolio Managers
- Investment pool and Hedge Fund Managers
- Banks and Other Financial Institutions
- Other Non-Financial Vertical Markets
Why should you use ECTX technology?
- Reduced Time to Market
- Proven and Accepted by Market Participants
- Reduced Development Costs
- Reduced Operational Costs
- Proven Performance and Reliability