EastNets, Quod Financial to offer multi-asset trading, order management

EastNets, an international e-payment and trading solutions provider, has partnered with Quod Financial, the 3rd Generation multi-asset trading and order management systems provider, to offer its clients the comprehensive retail and institutional pre-trade risk, trading and post-trade analytics and reporting solution to the fast growing capital markets players in the Middle East and North Africa (MENA) region.

Dubai-based EastNets will provide Quod Financial’s full product portfolio to the region, integrating the product into the full scope of EastNets group of middle and back-office products and services. The offerings will extend to the European and US markets.

The Quod Financial services enable users to trade instrument types across all asset classes – from cash equities, futures and options, fixed income, and to foreign exchange – all on the same platform. The service-driven architecture allows seamlessly incorporating, holistic Pre-trade risk management, Execution, Care and Order Management, Algorithmic trading, STP middle-office and Post-trade and reporting services.

EastNets has been providing payment solutions to financial and government sectors throughout the Middle East for more than 22 years and is renowned for its PayGate and Anti-Money Laundering solutions. The company, which is a SWIFT Business Partner, is also the SWIFT Service Partner in the MENA region.