Huddlestock Fintech AS (OSE: HUDL): Northern European investment bank launches online trading solution powered by Huddlestock’s Trader platform.

by James · December 22, 2022

22.12.202208:30:00 CET | Huddlestock Fintech AS | Non-regulatory press releases

Huddlestock Fintech AS, a provider of innovative end-to-end technology solutions to the capital markets, finance and wealth management industries, has entered into an agreement with a Northern European investment bank to create a digital self-service brokerage functionality to complement its more traditional brokerage and investment businesses for high net worth individuals . By choosing the digital trading and investment solutions offered by Huddlestock Trader and Huddlestock Investor Servicesthe investment bank will be able to expand its customer service offering and increase its share of customer wallets, by adding new functions and products, and expanding its geographical reach.

The service will be powered by Huddlestock’s white-label trading solution Huddlestock Trader and hosted by Huddlestock Investor Services’ operational platform, giving current and future clients access to trade global capital markets directly from their new digital platform. With Huddlestock Trader, their clients will be able to trade more than 35,000 financial instruments, including stocks, fixed income, currencies, futures, CFDs and ETFs, while receiving full back office, compliance and regulatory reporting support from Huddlestock Investor Services. Initially focused on the Nordic countries, the new platform is scheduled to go live in the first half of 2023.

The deal delivers on several aspects of Huddlestock’s corporate strategy, delivering affordable white-label trading solutions alongside a suite of outsourced back-office and regulatory reporting services. Huddlestock Trader is the plug-and-play technology solution that supports Huddlestock’s Investment-as-a-Service solution and connected via APIs. Huddlestock’s digital platform and regulatory solutions empower financial service providers and online brokers everywhere Europe to offer internal trading and investment services to its clients.

“We are pleased that the Northern European investment bank has chosen to work with us. Through Huddlestock’s trading solution, investor services and infrastructure partners, the investment bank can offer its users a true Nordic and pan-European trading experience. Building on our vision to democratize access to capital markets, Huddlestock’s Investment-as-a-Service solution allows more players to enter the self-service, online investment industry, opening up and making investments available to a wider range of investors. We are thrilled to accompany our partner on their journey. says John E. SkajemCEO Huddlestock Fintech.

Disclosure regulations

This information is mandatory according to § 5-12 of the Norwegian Securities Trading Act.

Contacts

John E. SkajemCEO, +47 418 87 412, [email protected]

About Huddlestock Fintech AS

Huddlestock Fintech is an innovative technology software provider with a leading expertise in professional services. We deliver innovative and sustainable technology solutions to the capital markets, finance and asset management industry.

Through its technology offering, Huddlestock offers an innovative, compliant and data-centric WealthTech SaaS, which accelerates the digital transformation and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock’s SaaS powers the integration of affordable, efficient white-label trading and investment services, underpinning Huddlestock’s mission to deliver financial inclusion by democratizing access to capital markets.

Through its world-class professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has driven Huddlestock to become the preferred provider of financial consulting services and technology solutions in the Nordics. Huddlestock Fintech AS was listed on the Euronext Growth Market 26 November 2020as Norway’s first fintech company to be listed on the stock exchange.

For more information, please visit www.huddlestock.com

Attachments

Download the announcement as PDF.pdf