TradeUP chooses FinOptSys for securities financing collaboration
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TradeUP chooses FinOptSys for securities financing collaboration 08 January 2024US Reporter: Carmella Haswell
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FinOptSys has welcomed TradeUP onto its securities financing platform.
TradeUP Securities is a self-clearing brokerage firm that offers a suite of financial services including trading, execution, clearing and settlement, and stock loan services on its proprietary platform, TradeUP.
The firm reports significant growth in its retail and institutional client bases, both within the US and globally, and with this expansion came the increasing need for efficiency and scalability.
TradeUP has entrusted FinOptSys to provide its cross-product securities financing technology as a “foundation for the future”.
Youqing Liu, chief financial officer of TradeUP, explains: “This partnership underscores the shared vision between FinOptSys and TradeUP Securities to drive innovation, scalability and accessibility within both securities financing and the broader financial markets.
By leveraging FinOptSys’s technological capabilities, TradeUP aims to deliver unparalleled financial services to our clients.”
Divyesh Bhakta, founder and CEO of FinOptSys, adds: “Our comprehensive suite of real-time analytics and optimisation modules are the perfect complement to TradeUP’s ongoing mission to provide their clients with the best-in-class service and tools necessary to elevate their investment experience.
“This is just the latest example of our vision to provide pioneering technological solutions that will help shape the future of financial markets.”
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