Citi Extends NetDania Partnership for Velocity 3.0
Posted by Colin Lambert. Last updated: June 6, 2023
NetDania says it has been selected by Citi to provide charting and data visualisation tools on its recently-launched Velocity 3.0 single dealer platform. The company partnered with Citi to provide similar services for previous iterations of Citi’s single dealer platform, however The Full FX understands this is a new product build for Velocity 3.0.
NetDania was the first acquisition by United Fintech in late 2020, according to Rasmus Bagger, co-CEO of the firm, “NetDania provides high-performance charting and data management services. With our flexible Open API structure, we offer full customisation to meet diverse needs and we’re very thrilled to bring these capabilities to Citi’s Velocity 3.0 platform.”
David O’Byrne, global product head of FX platforms and distribution at Citi, adds, “The Velocity OS was purpose built to allow for an ecosystem of partnerships; and we see our clients benefitting greatly from NetDania’s rich data visualisation and advanced charting tools.”