Valantic Invests in Velox

E-trading solutions provider Valantic Financial Services Automation has completed a strategic investment in low-code software development firm Velox Financial Technology – a move it says will complement and bring further flexibility to its electronic trading business. The amount of investment is undisclosed, but Valantic says it will deepen the strategic technology partnership with Velox, allowing it to bring new products to market quicker and drive further development in their new client solutions business.

“Capital markets participants demand the most technologically advanced solutions. This investment strengthens our partnership with Velox and opens up additional opportunities to release innovative products as we continue to grow our client solutions business,” says Joachim Lauterbach, CEO, Valantic. “Having already helped some of the most successful fixed income, FX and equity firms upgrade their technology, we look forward to leveraging Velox’s low-code development framework to build out our next generation trading capabilities.”

The partnership started mid-2021 and recently culminated in the launch of the first phase of Valantic’s new repo trading platform, based on HTML5 technology and open integration for data visualisation within the application.

“Our recent new product launch is a concrete example of what is possible using Valantic FSA’s proven building blocks combined with Velox tools,” says Andy Browning, head of electronic trading, Valantic. “Our investment sets the stage to expand our successful electronic trading product business to better support our clients´ current and future market structure needs – delivering tangible benefits by focusing on interoperability, data centricity and new technology including low-code.