Finalto South Africa has announced a new strategic partnership with Trive South Africa. This collaboration marks a significant milestone in Finalto’s expansion within the African continent as it continues to fulfill commitments to develop meaningful and value-driven working relationships in the region. Through this partnership, Finalto will provide its comprehensive ODP (Over-the-Counter Derivative Provider) regulatory status and liquidity solutions to Trive South Africa’s clients, ensuring they remain compliant and efficient in their derivative trading ecosystem.
Marius Grobler, CEO of Trive South Africa, expressed his enthusiasm for the partnership, stating:
“Trive is pleased to announce its partnership with Finalto’s liquidity and Prime Brokerage services. Special thanks to Finalto Africa CEO Dany Mawas and the team for the smooth onboarding process. We look forward to a long and successful partnership together.
“Trive SA entered a strategic partnership with Finalto on ODP liquidity to show our commitment to enhancing our clients’ trading experience by providing an ODP-compliant execution venue for our clients. This collaboration ensures our clients benefit from superior trading conditions, leading to more efficient, and profitable trading opportunities.”
The parties said that this stellar partnership announcement demonstrates once again that local South African FSPs seeking an FSCA-approved ODP liquidity solution can be swiftly and efficiently delivered by Finalto. By accessing this ‘plug-and-play’ derivatives liquidity solution, Finalto brings expertise and peace of mind in an ever-evolving regulated landscape, ensuring FSPs stay ahead in a compliant manner.
Dany Mawas, CEO of Finalto Africa added,
“Finalto is committed to delivering innovative & compliant liquidity solutions across the globe. Our partnership with Trive South Africa is a testament to our dedication to expanding our footprint in South Africa. We are excited to support Trive South Africa in providing top-tier and fully ODP-compliant liquidity solutions to their clients.”
For more information about how Finalto’s award-winning services and technology can benefit your business, please feel free to reach out directly to Dany at dany.mawas@finalto.com.
