Fidelity Asia Bank (Fab) and Saxo Bank Announce New White Label Partnership

Monday 11 April 2016 08:20
Fidelity Asia Bank (Fab), a well-consolidated and fast growing off-shore subsidiary of Fidelity Bank Ghana and Saxo Bank, the online multi-asset trading and investment specialist, today announce a white label partnership.

Through this partnership, Fab is leveraging on Saxo's sophisticated trading platform to launch FabTraderGo, a multi-asset trading platform, which will see to offering a seamless multi-asset trading experience for Fab investors. FabTraderGo is accessible on all mobile and desktop platforms and captures functionality across the trade cycle - from pre-trade to execution and post-trade services for ETFs, cash stocks, CFDs, futures, Options and FX. With an established footprint in both Africa and Asia, Fab works to further extend reach in these geographies.

In a comment, K Duker, CEO of Fab, said: "This partnership represents the latest phase in our recent expansion and Saxo was a natural partner for us on account of the strength of its multi-asset offering. Our ambition is to also enhance our offering to long-term investors through our partnership with Saxo Bank."

Matteo Cassina, Global Head of Sales of Saxo Bank, added: "Fab is the latest of our white label partners that will benefit from over 20 years of innovation and experience in trading infrastructure, allowing them to customise their client experience and create new revenue streams. Fab is set to realize growth potential in both Asia and Africa, not only through a full multi-asset trading offering, but also with the ambition to bolster its offering to long-term investors using our portfolio management tools and services."

FabTraderGo is a comprehensive and fully integrated trading platform, which allows investors to manage their portfolios from a single account on any device anytime, day or place. The Platform equips traders with the ability to seize trading opportunities on the go by allowing them to:

- Place orders and monitor positions anywhere

- Trade from the watch list, using the dedicated trade ticket or directly from the chart in real time

- Apply technical analysis and annotations in just a few clicks with the brand-new charting package

- Receive trade confirmations through instant push notifications sent directly to your smart phone

- Personalise the watch list to keep an eye on the instruments that matter most

With FabTraderGo, traders get to enjoy countless opportunities with zero complexity.

For more information about FabTraderGo or Fab, visit http://www.fabbanking.com .

About Saxo Bank Group

The Saxo Bank Group (Saxo) is an online multi-asset trading and investment specialist, offering a complete set of trading and investment technologies, tools and strategies.

A fully licensed and regulated bank, Saxo enables private and institutional clients to easily trade multiple assets from a single margin account on multiple devices seamlessly.

Saxo's award winning trading technology platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.

Saxo Markets is the Institutional Division of Saxo providing institutional clients and their end customers with multi-asset execution, prime brokerage services and trading technology.

Saxo also offers traditional banking services through Saxo Privatbank in select markets.

Founded in 1992 and headquartered in Copenhagen, Saxo employs 1500 people in 25 offices across the five continents.

Source: Saxo Bank