NewswireToday - /newswire/ -
Lugano, Switzerland, 2009/05/07 - Founded in 2004 by a team with more than 20 years’ experience in the planning of trading systems, Marvelsoft offers a complete range of IT services to agency brokers and financial institutions in Europe and the U.S.
The company brings together experts in financial markets, algorithmic trading and software programming to create concrete solutions for companies seeking a competitive edge.
Marvelsoft helps companies work smarter by delivering innovative, comprehensive and cost-effective e-Trading solutions, supported by consultancy services focused on the implementation and support of financial systems.
The company is one of the global leaders in Algorithmic Trading (“Algo”) which enables Marvelsoft’s customers to manage the data flow more efficiently, to meet new financial targets and optimize the management of current assets.
Taking advantage of their Algo models, Marvelsoft developed TradeMind, a complete trading system based on Algorithmic Trading that guarantees investors to complete an order in milliseconds.
The company has developed other flexible products such as Pairs Trading, Index Arbitrage, E-brokerage and Axcellerator. The development of these tools is a result of Marvelsoft’s close co-operation with traders and its ability to quickly meld its innovative technology to meet their wide range of demands.
Andrea Prospero, Marvelosoft CEO and Chairman, explains: “The best way to solve complex financial problems is technological systems. In some cases human expertise and technological innovation may interact to identify innovative and efficient solutions. We have to be faster, smarter, flexible and ready to adapt to future markets.”
He adds: “Marvelsoft claim ‘Innovative trading solutions’ is the best way for us to describe our business and our mission.”
The growth in the market and number of customers means Marvelsoft is expanding its activity both in USA and the whole of Europe.
Our customers say: "We chose Pairs Trading because of its impressive and advanced functionality. The product set easily integrates with other parts of our infrastructure. – states Pietro Casano, Proprietary Trader at Maple Bank GmbH - We were also impressed with the competence and industry knowledge of the team, who worked hard to ensure that implementation went smoothly and without a hitch."
Denis Saboureau, Global Head of Execution Services, CM-CIC Securities, adds: "Without doubt, TradeMind was the best choice. From a technical perspective it does everything we ask for and integrates with our existing order management systems. We looked at products from a number of other companies, but only this platform had the functionality we demanded. The technical support staff are expert and always provide a fast response.“
Marvelsoft is a growing, flexible company and serves its customers worldwide helping them to continuously increase their business.