Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT

Swiset, a provider of trading analytics, has acquired
Proprietary Firms Tech (PFT), a provider of solutions for proprietary trading
firms.

This acquisition combines Swiset’s data-driven analytics
with PFT’s expertise in prop trading infrastructure. The partnership aims to
improve efficiency, intelligence, and scalability for traders and prop firms.

AI Integration for Prop Firms

Andres Jimenez, COO of Swiset, Source: Swiset

“The trading and investment landscape is increasingly
integrating prop services into its core offerings. However, the current
technology within the CFD’s sector has lagged behind advancements seen in other
assets, such as futures, crypto, and options,” Andres Jimenez, COO of Swiset.

PFT’s platform supports all aspects of prop firm operations,
from trader selection to risk management . With Swiset’s AI technology, PFT aims
to enhance its analytics, streamline processes, and improve operational
intelligence. The integration will allow prop firms to manage risk and analyse
performance more effectively.

“This acquisition enables us to extend Swiset’s sophisticated
AI capabilities into the prop trading, enhancing not only user analytics but
also empowering prop firms and brokers with more robust risk management tools,”
added Jimenez.

Unified Platform for Trading

The merger will create a unified trading experience that
incorporates AI-driven insights. Traders will benefit from transparency, while
prop firms gain access to a platform that combines PFT’s operational tools with
Swiset’s analytics.

This acquisition is part of Swiset’s focus on innovation and
a tech-driven approach in the trading sector. The merger is expected to enhance
connectivity and offer smarter solutions for both traders and prop firms.

Meanwhile, Dynamic
Works has introduced a new integrated feature for Brokeree Prop Pulse
, a
system for managing accounts in proprietary trading firms. This feature allows
clients to browse and select various prop trading plans in the client area, as
reported by Finance Magnates.

After choosing a plan, clients can make a deposit, which
Syntellicore processes by deducting the prop trading fee and setting up the
relevant trading account. The account is then linked to the chosen trading
challenge, allowing clients to begin trading.

Swiset, a provider of trading analytics, has acquired
Proprietary Firms Tech (PFT), a provider of solutions for proprietary trading
firms.

This acquisition combines Swiset’s data-driven analytics
with PFT’s expertise in prop trading infrastructure. The partnership aims to
improve efficiency, intelligence, and scalability for traders and prop firms.

AI Integration for Prop Firms

Andres Jimenez, COO of Swiset, Source: Swiset

“The trading and investment landscape is increasingly
integrating prop services into its core offerings. However, the current
technology within the CFD’s sector has lagged behind advancements seen in other
assets, such as futures, crypto, and options,” Andres Jimenez, COO of Swiset.

PFT’s platform supports all aspects of prop firm operations,
from trader selection to risk management . With Swiset’s AI technology, PFT aims
to enhance its analytics, streamline processes, and improve operational
intelligence. The integration will allow prop firms to manage risk and analyse
performance more effectively.

“This acquisition enables us to extend Swiset’s sophisticated
AI capabilities into the prop trading, enhancing not only user analytics but
also empowering prop firms and brokers with more robust risk management tools,”
added Jimenez.

Unified Platform for Trading

The merger will create a unified trading experience that
incorporates AI-driven insights. Traders will benefit from transparency, while
prop firms gain access to a platform that combines PFT’s operational tools with
Swiset’s analytics.

This acquisition is part of Swiset’s focus on innovation and
a tech-driven approach in the trading sector. The merger is expected to enhance
connectivity and offer smarter solutions for both traders and prop firms.

Meanwhile, Dynamic
Works has introduced a new integrated feature for Brokeree Prop Pulse
, a
system for managing accounts in proprietary trading firms. This feature allows
clients to browse and select various prop trading plans in the client area, as
reported by Finance Magnates.

After choosing a plan, clients can make a deposit, which
Syntellicore processes by deducting the prop trading fee and setting up the
relevant trading account. The account is then linked to the chosen trading
challenge, allowing clients to begin trading.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Prop Trading: Blueberry Funded Updates Forex Symbols

    Proprietary trading platform Blueberry Funded introduced new updates to its forex and metals trading symbols on the DX Trade platform, aimed at enhancing user efficiency. The updates will now replace…

    UP Fintech’s Q3 Revenue Soars 44% as Client Assets Double

    UP Fintech Holding, the parent company of Tiger Brokers, delivered an impressive third quarter, reporting record revenue of $101.1 million and a three-year high profit. The company’s performance was marked…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Economic Calendar for the Week 18.11.2024 – 24.11.2024

    • November 13, 2024
    Economic Calendar for the Week 18.11.2024 – 24.11.2024

    Mexico plans to set aside $6 billion for Pemex in draft budget, Bloomberg reports

    • November 12, 2024
    Mexico plans to set aside $6 billion for Pemex in draft budget, Bloomberg reports

    US dollar and bitcoin advance spurred by Trump tariff expectations

    • November 12, 2024
    US dollar and bitcoin advance spurred by Trump tariff expectations

    Gold prices stumble as strong Treasury yields, dollar bite

    • November 12, 2024
    Gold prices stumble as strong Treasury yields, dollar bite

    US oil industry urges Trump to ditch Biden climate policies

    • November 12, 2024
    US oil industry urges Trump to ditch Biden climate policies

    Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises

    • November 12, 2024
    Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises