Finalto South Africa has introduced a new White Label solution that enables market participants to establish their own brokerage swiftly, with the entire setup process taking as little as one month. The offering features customizable tools, advanced liquidity options, and a variety of platform-agnostic capabilities.
Finalto Africa’s CEO, Dany Mawas, emphasized that the solution is designed to simplify the complex process of starting a brokerage. “Our platform is fully customizable and integrates seamlessly with Finalto’s top-tier liquidity providers. What sets us apart is the inclusion of robust risk management tools, comprehensive reporting features, and the ability to work across multiple trading platforms.”
Simplified Brokerage Launch Process
Typically, launching a brokerage can be a lengthy and complicated procedure, often requiring extensive work, such as obtaining a license, setting up a client management system, finalizing liquidity agreements, and coordinating with payment providers. According to Mawas, these steps can take up to nine months.
Finalto’s solution aims to significantly reduce this timeframe, allowing new brokerages to go live in just one month once their license is in place. This accelerated setup process helps businesses avoid many of the traditional complexities.
In addition to speeding up the setup process, the solution could also contribute to job creation in South Africa by bringing more brokerages into the market quickly, potentially stimulating the local economy.
Tailored White Label Platform
Finalto’s White Label solution offers a range of cutting-edge tools, including multi-asset trading platforms, multi-currency accounts, advanced risk management, and deep liquidity. While the system is ready for immediate deployment, it can also be fully tailored to suit individual business needs.
Mawas explained that in addition to the platform’s technical capabilities, Finalto offers support with marketing strategies and commercial planning. “Our goal is to provide brokers with a solution that not only simplifies daily operations but also enhances the overall trading experience for both brokers and their clients,” Mawas added.
By offering a highly customizable, feature-rich solution, Finalto aims to streamline the process of launching and managing a brokerage, giving firms a competitive edge in the fast-paced world of financial markets.
