cBri​d​ge par​t​ners with Ta​paas to bring bro​kers real-time risk in​te​lli​gen​ce

cBri​d​ge, Spo​twa​re’s stan​da​lo​ne li​qui​di​ty bri​d​ge, has par​t​ne​red with Ta​paas, a real-time risk in​te​lli​gen​ce pla​tform for FX and CFD bro​kers. The par​t​ner​ship con​ne​cts cBri​d​ge tra​ding and exe​cu​tion data with live ana​lyti​cs cove​ring expo​su​re, exe​cu​tion qua​li​ty, client be​haviour and pro​fi​ta​bi​li​ty.

The par​t​ner​ship brings to​ge​ther two in​nova​tive te​ch​no​lo​gies bui​lt to so​lve the ope​ra​tio​nal pain poin​ts of mo​dern bro​kers. cBri​d​ge de​livers real-time pri​ce ag​g​re​ga​tion and fle​xi​ble or​der rou​ting acro​ss con​ne​cted tra​ding pla​tfor​ms and li​qui​di​ty provi​ders. Its mo​du​lar ar​chi​te​ctu​re lets bro​kers sca​le tra​ding vo​lu​mes and main​tain in​divi​dual co​mpo​nen​ts wi​thout in​ter​ru​pting live tra​ding. 

Ta​paas ana​lyses risk for do​zens of bro​kers, cove​ring tens of tri​llions in tra​ding flow in real time. Accor​ding to Ta​paas, a tra​de can be re​ceived, pro​ce​ssed and pre​sen​ted on its pla​tform in un​der 10 mi​lli​se​con​ds.

Be​yond the te​ch​no​lo​gy, cBri​d​ge and Ta​paas sha​re a co​mmon view on pri​cing: bro​kers shou​ldn't be pe​na​li​sed for gro​wing. Nei​ther mo​del is tied di​re​ctly to tra​ding vo​lu​me. cBri​d​ge pri​ces the in​fra​stru​ctu​re re​qui​red to run the bri​d​ge, whi​le Ta​paas pri​ces accor​ding to the nu​mber of in​te​g​ra​tions. That ma​tters for lar​ger bro​kers dea​ling with si​g​ni​fi​cant mon​th-to-mon​th vo​lu​me swings, and equa​lly for ne​wer bro​kers who need to keep bu​d​get free for gro​wth, client acqui​si​tion and bui​lding out ope​ra​tions. 

As Jo​na​than Squi​res, CEO of Ta​paas, put it: "If you're pe​na​li​sing one of your clien​ts for gro​wth, your in​cen​tives are not ali​g​ned."

For bro​kers, the in​te​g​ra​tion con​ne​cts cBri​d​ge tra​ding and exe​cu​tion data with Ta​paas’ real-time ana​lyti​cs. Expo​su​re, open po​si​tions and PnL are vi​si​ble in real time – so bro​kers can rea​ct fa​ster to mar​ket move​men​ts and re​du​ce risk even​ts. Exe​cu​tion qua​li​ty, flow be​haviour and LP per​for​man​ce help tra​ding de​par​tmen​ts make be​tter li​qui​di​ty and rou​ting de​ci​sions. At the same time, pro​fi​ta​bi​li​ty data by client, in​stru​ment and book he​lps bro​kers un​der​stand what ge​ne​ra​tes or ero​des reve​nue.

The par​t​ner​ship be​ne​fi​ts both sca​ling bro​kers and ne​wer mar​ket en​tran​ts. Esta​bli​shed bro​kers get the co​mbi​na​tion of Ta​paa​s' real-time risk in​te​lli​gen​ce and Spo​twa​re’s deep in-hou​se exper​ti​se be​hind cBri​d​ge, he​lping their tea​ms work throu​gh co​mplex tra​ding activi​ty and ca​tch ope​ra​tio​nal issues ear​ly. Ne​wer bro​kers, in turn, can start with proven te​ch​no​lo​gy that he​lps them avoid over​co​mpli​ca​ting their in​fra​stru​ctu​re.

Jo​na​than Squi​res, CEO of Ta​paas, co​mmen​ted: “When it co​mes to cBri​d​ge, they have a di​stin​ct advan​ta​ge over other bri​d​ges. They have a long, su​cce​ssful hi​story in tra​ding pla​tfor​ms. They know bro​kers back to front, and they know their pains, their pro​blem areas and their bo​ttle​ne​cks. The pro​du​ct has been bui​lt by peo​ple who un​der​stand tho​se pain poin​ts and know how the system is used in pra​cti​ce.”

Ale​xis Drou​ssio​tis, co-Ge​ne​ral Ma​na​ger at cBri​d​ge, added: “cBri​d​ge provi​des the exe​cu​tion and con​ne​ctivi​ty la​yer, whi​le Ta​paas adds the real-time in​te​lli​gen​ce bro​kers need to un​der​stand the risk, per​for​man​ce and pro​fi​ta​bi​li​ty be​hind that flow. To​ge​ther, the in​te​g​ra​tion gives dea​ling and risk tea​ms clea​rer vi​si​bi​li​ty to make fa​ster, be​tter-in​for​med de​ci​sions as mar​ke​ts move.”

With Ta​paas’ real-time risk ana​lyti​cs and cBri​d​ge’s mo​dern bri​d​ge te​ch​no​lo​gy, bro​kers gain a stron​ger foun​da​tion to ma​na​ge gro​wth, stay on top of ope​ra​tions and keep their exe​cu​tion in​fra​stru​ctu​re un​der con​trol.

A bri​d​ge sho​ws whe​re a tra​de goes. Risk in​te​lli​gen​ce sho​ws what ha​ppens next.

About cBri​d​ge

cBri​d​ge by Spo​twa​re is a fi​xed-pri​ce li​qui​di​ty bri​d​ge, eli​mi​na​ting vo​lu​me fees and hi​dden char​ges en​ti​re​ly. It is a pla​tform-ag​no​stic so​lu​tion that con​ne​cts MT4, MT5, cTra​der and FIX API tra​ding pla​tfor​ms to mu​lti​ple li​qui​di​ty provi​ders. cBri​d​ge de​livers real-time pri​ce ag​g​re​ga​tion, fle​xi​ble or​der rou​ting and in​te​g​ra​ted risk ma​na​ge​ment con​tro​ls, whi​le provi​ding expo​su​re mo​ni​to​ring, exe​cu​tion ma​na​ge​ment and re​por​ting. Its mo​du​lar ar​chi​te​ctu​re he​lps bro​kers sca​le as tra​ding vo​lu​mes grow and allo​ws in​divi​dual co​mpo​nen​ts to be main​tai​ned wi​thout in​ter​ru​pting tra​ding. It uses tran​spa​rent, in​fra​stru​ctu​re-ba​sed pri​cing, he​lping CFD bro​ke​ra​ges re​du​ce in​fra​stru​ctu​re co​sts.