Friday, 5 September 2008

Finotec Launches Onlien Trading Platform

Finotec Group, Inc. (OTCBB: FTGI), an on-line foreign exchange company whose UK subsidiary, Finotec Trading UK Limited, is regulated by the FSA in the United Kingdom, has released its White Label On-Line Trading Platform software solution for financial institutions. The solution is being offered to financial institutions looking to enhance their trading business via state-of-the-art technology offered under their own brand name. Finotec's proprietary Finotec Trading Platform delivers real time pricing and high-quality executions, plus integrated charts, news, position management tools, and more. The rich, easy-to-use interface is currently available in several languages, and can easily be adapted to additional local markets. Finotec will offer a number of different pricing choices to clients purchasing the system in order to assist the budgetary needs of the institutions purchasing the solution.

"The Finotec Trading Platform is a beneficial solution for traditional financial services firms seeking to move their FX trading operation online, as well as for established online brokers or trading firms, wanting to expand their product offering," says Didier Essemini, Chairman of the Board and CEO of Finotec Group, Inc. "With demand for online trading reaching record highs, the Finotec trading platform solution will be offered to over 5,000 financial institutions world-wide and can be implemented at leading financial institutions around the world. We expect to start selling this solution immediately."

The benefits of Finotec's proprietary trading platform include a strong fully-integrated risk management and client relationship management system. Finotec's technology can be adapted to suit market making, hedge funds/CTAs, spread trading, institutional retail and proprietary needs. It is a turn-key solution that is adaptable to the specific needs of the end-user. The system also includes a full back-end solution including CRM, back-office, marketing applications, SMS alerts module, statistics and accounting module with real-time P&L reporting.

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