Visit Caplin at the FIX Protocol APAC Trading Summit in HK


Caplin will be a sponsor at the FIX Protocol Asia Pacific Trading Summit in Hong Kong on May 23, taking place at the JW Marriott hotel.

We invite conference participants to visit us at our booth and look forward to seeing you there!

Caplin Partners with OpenFin


Caplin today announced a partnership with US-based OpenFin .

The partnership will accelerate the adoption of HTML5 for development of high-performance trading applications, by providing an integrated solution that combines Caplin Trader, a complete development suite for HTML5 trading front-ends, and OpenFin App Desktop, a secure application container based on Google’s Chromium open-source technology.

The partnership addresses two challenges faced by financial developers when building HTML5 applications.:

1. Many end-users in financial institutions run Internet Explorer browsers which are not HTML5 compliant, requiring applications to fallback to HTML4.

2. Native applications have traditionally been able to provide better user experience including the ability to tear-off panels, pop-up windows, deliver push notifications and seamlessly integrate with local applications such as Microsoft Excel.

The joint solution addresses these issues by enabling HTML5 applications to run outside-the-browser with the same user experience and capabilities as native, installed applications, as was discussed here in a post looking at Thick client? Thin client? Or in-between?

Press Release here

Structured Products: An ideal niche for single-dealer platforms?


At Caplin we are involved in single-dealer platforms (SDPs) touching many asset classes across the OTC and exchange traded space. The biggest single asset class we see is cash FX – many banks are rolling out offerings in this area right now. But we are also seeing increasing interest from institutions who want to provide niche Structured Products offerings, and I think this is a real sweet spot for delivering innovative SDPs.

By way of background, there’s a feature in Structured Products magazine, which sadly requires a full subscription to read it (trial subscriptions don’t work): Structured Products and Single-Dealer Platforms – Why?
(more…)

Internet Trends Update from Mary Meeker


If you haven’t seen it yet, there is an updated internet trends presentation on the KPCB website.

IMHO, most interesting is the chart of internet traffic in India (page 16), where mobile is now the predominant internet access method. The infrastructure costs of a wireless vs wired distribution favour wireless. If the relative cost savings are passed on this will promote mobile internet access and increased demand for functionally rich smartphones to facilitate that access. So the observed trend towards mobile access will continue, not just for India but for all countries where wireless is cheaper/easier to access.

India Internet Traffic

And what are the actual mobiles being used? StatCounter  has the stats – as per the following chart. Nokia is still very popular as in Africa but using Series 40 phones and the Nokia browser but the chart shows that Android market share is increasing.

India - Mobile OS

Compare this to the results in China, where the predominant mobile OS is Android. And then look at the Android growth in the original KPCB presentation on page 10 – growth is nearly 6 times that of the iPhone! If the unit cost of Android smartphones remains lower than the iPhone, I expect this trend to remain not just for China but for many other geographies which is why the global trend towards Android phones will continue – have a look at StatCounter for the figures. From a software development perspective delivering solutions to many different platforms/operating systems, one more reason to deliver native web apps.

Mobile OS in China

Jyske Bank select Caplin-Apama FX SDP


At Caplin we are very excited by today’s announcement that Jyske Bank has partnered with Caplin and Apama to deliver their new Single-Dealer Platform (SDP).

Jyske Bank’s Head of Department – FX, Interest rates & Commodities, Lene Papsoe, explained the reason behind the move: (more…)

Caplin Joins Forces with Progress Software to Provide End-to-End E-Commerce Solution


Here at Caplin we are really excited with today’s announcement that Caplin has partnered with Progress Apama to deliver the Progress Apama Capital Markets Platform integrated with Caplin’s single-dealer platform framework.

The partnership will reduce the time to market for many more banks enabling them to rapidly deliver world-class SDP projects that seamlessly integrate Apama’s leading CEP platform that combines liquidity aggregation, rate formation, client tiering, dealer intervention and smart order routing, with Caplin Trader Caplin’s HTML5 web trading platform. Latest Caplin news here and download the press release here.

Quotes:

  • Dr Richard Bentley, Vice President, Capital Markets at Progress Software, commented, “Partnering with Caplin is a natural choice for us, as we both attract customers with similar profiles – banks that require robust, proven technology but need the freedom to tailor their solution and differentiate their offering, as well as confidence that the technology will scale as their business grows.”
  • Paul Caplin, CEO, Caplin Systems added, “This partnership brings together two highly compatible and best in class technologies enabling our clients to provide a next-generation trading service. We are delighted but not surprised at how quickly the combined offering is gaining market traction.”

Caplin and Apama will be showing the integrated solution at FX Week Europe on 21st Nov, for more details of the show look here.

Tablets and HTML5 web trading apps


With the launch last week of a slew of products from Microsoft including Windows 8, Windows 8 RT and the Surface tablet, my colleague Steven South posted (on Caplin’s Platformability technical blog) what could be the start of an interesting discussion about the relevance of these announcements to HTML5 web trading apps.

Read Steve’s post here

SDP talent on the move – Saxo => Nordea


Nice coverage yesterday in EuroMoney FXNews of Nordea hires Saxo ‘star’ to redevelop FX platform  as Henrik Holst moves from Saxo to Nordea.

The move is part of the trend we highlighted a couple of years back, which has seen a migration of “e” talent from top-tier to regional banks, resulting in those top FX banks losing market share to regional banks who have upped their game and enhanced their own platforms. (more…)

Liquidity + UX design (Barclays + FXCM) = win win


Barclays partners with FXCM to launch UK retail FX platform

Interesting to note Barclays the # 3 global FX powerhouse, has partnered with FXCM for their new UK retail FX platform, Barclays Margin FX – but why?

Barclays will naturally provide the FX liquidity, with FXCM providing the front end technology, and UX design. (more…)

How Can Mid-Tier banks Compete in FX?


How can mid-tier banks compete?

Over on Tabb Forum, Harry Gozlan, CEO of SmartTrade makes some interesting points regarding how mid tier banks can more effectively compete with tier 1 banks in eFX, and discusses their new Liquidity FX offering.

The focus being that regional banks can compete in a number of areas including: (more…)

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