Ariel Communications Ltd, based in the UK and IFIS Asia Holdings Pte Ltd (IFIS), Singapore, have signed a Distributor Agreement that covers the Asia-Pacific region. The agreement significantly strengthens the ability of both Ariel and IFIS to capitalise on the fast growing APAC market for FX and DMA CFD trading systems. The agreement will provide Ariel with localised product development, project management and on-site second line support for Ariel’s suite of margin FX and CFD trading products to be deployed across the region. In addition, IFIS will provide software components such as the IFIS FIX Gateway which, when combined with the Ariel products, will deliver a complete, end-to-end margin FX and DMA CFD trading platform to customers.
The new partnership will see IFIS proactively selling the Ariel iTrade multi-asset trading platform while Ariel itself will provide all necessary pre-sales and third line technical support.