Fintech Company Capitolis has announced today that it has launched an innovative future fulfillment solution in collaboration with Barclays and Citadel.
The solution has been developed for participants in the market for future fulfillment, including mutual risk funds, assets managers, other market institutions and future traders (FCMS) and allows the extension and greater management of financial resources.
Commercial companies using multiple FCMS are trying to continually optimize their financial resources, which today are taking significant time and resources due to manual work flow. The transfer of future Capitolis fulfillment rationalize significantly and automates this work flow, adding speed and transparency to the process, increasing when increasing capacity.
The first version of the future fulfillment solution is already alive, with the Acropolis and other markets from the market that regularly use it to facilitate position transfers with barclays and other FCMS. As the product grows, Capitolis continues to work closely with the market to introduce additional functionality to simplify and standardize work flow for both FCMs and market participants.
“We were approached by the industry for a solution that faces the growing need to transport future future future future future future future future future future future future future specifications,” said Gil Mandel. “I am excited to have been able to move forward with the first version of the product within six months, working closely with Barclays and Citadel (along with other market participants) in the design and circulation of the optimal solution. In the coming months, we will introduce additional functions to the market.”
“We are committed to driving industry improvements to all work flows after funding funding and this FCM initiative is a further opportunity to innovate and improve our customers’ experience,” said Craig Robertson, head of Barclays Capital. FCM. “Capitolis is still a strong partner for us on this trip.”
“Capitolis enables businesses to mitigate business risk, while enhancing capital performance by automating the future fulfillment process,” said Jamie Clayton, head of EMEA and APAC on the Acropolis. “It is a strategic advantage in today’s capital markets.”
In 2018, Capitolis announced the launch of an automated neonatal service in foreign foreign exchange (FX), also a first of its kind. The innovation of an automated future fulfillment service provides a similar benefit to the market, introducing the technology that makes the process more staggering and will help buy future fulfillment.
At the rear of this announcement and the ongoing cooperation between Barclays and Capitolis, Capitolis also announces both a strategic investment in the company from Barclays and the addition of Barclays’ representative to its Board of Directors.
“We are pleased to support the continued development of innovative products by Capitolis, and this investment is further tend to cooperate between our businesses,” said Kester Keating, head of US investment in barclays.