Waton Securities International Launches ‘Broker Cloud’ Business, Empowering Future Leaders with FinTech
HONG KONG, 16 November 2022 /PRNewswire/ — Recently, Waton Securities International announced the launch of “Broker Cloud (Brokerage X SaaS)”, a customized financial technology business solution. Guided by financial technology, licensed financial institutions worldwide can quickly set up their own digital systems through the “Broker Cloud” service in as little as one month to provide their users with the world’s leading mobile APP interface and superb user experience. Relying on its deep technology and industry understanding, and combining its experience and strength in technology, user operations and financial ecosystem, Waton Securities International is committed to providing compliant, secure, convenient, stable and integrated services to nearly thousands of licensed brokers and institutions worldwide.
According to Mr. Kai Zhou, CEO of Waton Securities International, out of 9,678 licensed brokerages in the world, 188 of them have an app for online trading, and about 98% of them have not completed the mobile IT construction; there are about 1,000 digital currency exchanges in the world, with FTX as a priority, less than 10 of them have the function of trading securities assets, and almost 1,000 exchanges need to expand the tradable asset classes. Waton Securities International will help traditional brokerage firms and digital currency exchanges to build mobile APP and enrich their asset class site so that their users can trade HK/US/A shares/digital currencies online.
It is understood that the “Broker Cloud (Brokerage X SaaS)” business model launched by Waton Securities International covers both “Brokerage” and “FinTech SaaS” services. Although it has a mature interface to provide licensed brokerage firms with one-stop clearing and settlement services for HK/US/A shares and asset management, it can also help brokerage firms/financial institutions that do not have independent IT systems (APP/ middle-end /back-end) to build and develop their own mobile applications to connect their businesses.
Currently, Waton Securities International has already reached cooperation with many licensed brokerage firms and institutions in Hong Kong, New Zealand, Australiaand Nigeriasuccessfully launched the Broker Cloud business with them, and plans to gradually enter Europe, Southeast Asia, and other markets in the future. Based on its mature technology integration capability, “Broke Cloud” empowers financial institutions in multiple scenarios, helping financial brokerage firms break through the barrier of digital applications and improve service quality and efficiency of customer acquisition through digital business solutions.
SOURCE Waton Securities
