In The News
Recent press coverage about, or mentioning, Caplin:
London, New York – August XX 2014: Caplin Systems, e-distribution specialist and the pioneer of single-dealer platform (SDP) technology, today launches Caplin FX Mobile. Built in HTML, the new app enables a bank’s clients to monitor and manage FX orders via their smartphones and tablets. Already licensed by a major Asian bank, the new product is being trialled by financial institutions around the world.
Caplin FX Mobile seamlessly integrates with Caplin Direct, a hosted and managed SDP service announced in December last year, which delivers a fully operational single-dealer platform as a service. Once connected to a trading system, Caplin Direct provides an ‘out of the box,’ FX SDP with advanced capabilities and workflows. This can be styled and branded to precisely match a bank’s corporate livery, and extended with custom features. With the addition of Caplin FX Mobile, this rich and robust functionality is now available on the device of choice.
“With Caplin FX Mobile you can view executed spot, forward and swap trades, and keep an eye on the FX market through custom watch lists and charts[S1] ,” says Adam Hawley, Caplin’s Director of Managed Services. “We’ve seen a surge in demand for this functionality in all geographies, in particular Asia and Latin America.”
Most banks already recognize the importance of delivering a better customer experience by providing direct e-distribution via a single-dealer platform. But with tablets now outselling desktop PCs, mobile delivery channels are set to become a major factor in customer attraction and retention. Citigroup, the world’s largest FX dealer, recently harnessed Caplin technology to provide advanced mobile trading capabilities through its Velocity iPad and Velocity iPhone offerings.
“Now that early concerns around potential compliance and security have been addressed, mobile trading is starting to feature prominently on many firms’ roadmaps,” says Paul Caplin, CEO Caplin Systems. “At first these were expensive to develop and run, but with our hosted SDP technology and FX Mobile, they are within the reach of almost any bank.”
Caplin will add other asset classes in the near future. Find out more at www.caplin.com/mobile
London, New York, 7th July 2014 â€“ E-distribution specialist, Caplin Systems and the pioneer of single-dealer platform (SDP) technology, today announced Ed Magee as its new Executive Vice President for The Americas.
Magee will be based in Caplinâ€™s New York office and will lead the sales, business development, and sales engineering for the region. He brings over 25 yearsâ€™ experience to the role, having worked with Citi, a long-term Caplin client, FENICS, Barclays and most recently Markit.
â€œThis is a great time to be joining Caplin,â€ says Magee. â€œThe company is already enjoying strong success in the US and Canada, providing e-distribution capabilities to the largest banks and wealth managers as well as many smaller firms. Itâ€™s exciting to be part of such an innovative business in a dynamic and fast-growing market.â€
Magee will ensure Caplin continues to support its tier one banking clients, enabling them to meet the buy sideâ€™s rising demand for mobile web-trading services. He will also look to build on Caplinâ€™s successful track record in providing regional firms with a highly profitable direct electronic channel to market.
â€œWe have every confidence that Ed can take Caplin to the next level in the US,â€ says COO, John Ashworth.
â€œWith his banking and technology background, Ed brings a unique understanding
of the US banking marketâ€™s challenges and aspirations, and is best placed to
ensure our technology can directly address the regionâ€™s particular
A Q&A with Patrick Myles, CTO at Caplin Systems.
Single-dealer platforms are likely to play an ever-larger role in the markets of the future, especially for regional banks, by Paul Caplin, CEO Caplin Systems.
Ã¢â‚¬â€¹Interview with Richard de Roos, head of FX at Standard Bank in which he mentions the bank's use of Caplin's technology. Link is to a PDF reprint, used with permission of FX Week, and therefore free of charge or subscription
Ã¢â‚¬â€¹Listing of all the winners at the inaugural Sell-Side Technology awards, including Caplin (with ZKB) for "Best Implementation at a Sell-Side Firm"
Ã¢â‚¬â€¹Coverage of joint Caplin/OpenFin announcement