Ariel Communications has announced the launch of its advanced multi-asset trading system iTrade as a cloud- based Software as a Service (SaaS) solution for start-ups and smaller margin FX and CFD brokers. This ability to offer a competitively priced, cloud-based version of Ariel’s established trading platform means that the organisation now has an attractive offer specifically targeted at new entrants and smaller brokers. Ariel has made changes to iTrade’s architecture resulting in a smaller hardware footprint that allows hosting as part of the service – known as Software as a Service (SaaS).
Simon Cox, CEO of Ariel comments, “This announcement is part of our strategy to broaden our client base whilst focusing on on-going innovation and new product development. It will enable entry level users to benefit from rapid, hassle free deployment of our platform at no additional IT infrastructure cost, minimal impact on a broker’s internal IT resources and reduced total cost of ownership (TCO).”