Broker Cloud (Brokerage X SaaS), a specialised financial technology business solution, was recently released by Waton Securities International.

Using the “Broker Cloud” service, licenced financial institutions anywhere in the world can set up their own digital systems in as little as one month, giving their customers access to the best mobile application interface and user experience in the industry. Waton Securities International is dedicated to providing compliant, secured, convenient, stable, and integrated services to nearly tens of thousands of licenced brokerages and institutions around the world by drawing on its profound technology and industry understanding and combining its experience and strengths in technology, user operation, and financial ecosystem.

There are about 1,000 digital currency exchanges in the world, with FTX as the priority; less than 10 of them have the function of trading securities assets; and nearly 1,000 exchanges have the demand to expand the tradable asset c. According to Mr. Kai Zhou, Executive Director of Waton Securities International, only 188 of the 9,678 licenced brokerages in the world have an app to provide online trading. To facilitate online trading of HK/US/A-share stocks and digital currencies, Waton Securities International will assist conventional brokerages and cryptocurrency exchanges in developing mobile applications and expanding their asset class offerings.

Waton Securities International’s “Broker Cloud (Brokerage X SaaS)” strategy encompasses both traditional brokerage and financial technology as a service. Brokerage firms/financial institutions that do not have their own independent IT systems (APP/middle-end/back-end) can use the platform’s mature interface to create and develop their own mobile applications to interconnect their businesses, in addition to receiving one-stop clearing and settlement services for HK/US/A-share stocks and asset management.

Source: Prnewswire