Under the terms of the accord, Ariel’s suite of margin FX and CFD trading products will receive localized product development, project management and on-site second line support for deployment across the Asia-Pacific region.
Ariel Communications chief operating officer Simon Cox said, "This is a perfect partnership for Ariel and provides us with an excellent launch pad into Asia-Pacific for our margin FX and CFD trading solutions."
IFIS will also provide software components such as the FIX Gateway to offer a complete, end-to-end margin FX and DMA CFD trading platform to customers when combined with the Ariel products, to meet the growing demand for a premium margin FX trading solution.
Additionally, IFIS will proactively sell the Ariel iTrade multi-asset trading platform, while the latter will provide all necessary pre-sales and third line technical support, as part of the agreement.
