Caplin launches direct FX e-distribution service

  Caplin Systems has announced the launch of Caplin Direct.

First Published by e-Forex News: January, 2014

Caplin launches direct FX e-distribution service

Caplin Systems has announced the launch of Caplin Direct. Delivered as a hosted, managed service, Caplin Direct is designed for banks that want a modern FX single-dealer platform, but have previously been held back by the cost and technical challenges involved. Once connected to a trading system it provides an ‘out of the box’ SDP, while providing unlimited scope for branding, customization and extension with unique features and workflows. “We are already in talks with regional banks around the world about using the new service,” says Adam Hawley, Commercial Director of Caplin Systems. “The fact that Caplin Direct is built on the same Caplin technology used by Citi, whose Velocity offering was recently voted the world’s top FX single-dealer platform, means that banks can absolutely trust the reliability and security of the technology and rely on us to minimize the time, costs and risks involved in building a high performance single-dealer platform.”