Capitolis Elevates Capital Markets with Record Novations Growth
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Capitolis Continues to Drive Innovation in Capital Markets
Capitolis, a leading technology company focused on transforming capital markets, has reported exceptional results for its Novations platform as it prepares for the upcoming year. With a remarkable $710 billion in Gross Notional achieved through more than 5,600 novated trades, this marks a significant milestone as the company closes out its most successful year.
Remarkable Growth in 2024
Throughout 2024, Capitolis fundamentally expanded its platform, onboarding three prime brokers and six executing brokers, along with eight clients. This not only highlights the platform's increasing popularity but also its commitment to improving the trading experience. The adoption of the Novations platform has been fueled by a considerable enhancement in response times, with users on the platform experiencing a reduction of over 60%. This swift responsiveness is vital in fast-moving financial environments.
Enhanced Trading Capabilities
Capitolis' platform has seen a staggering 7,300 initiated trades in December alone, a record high for their operational output this year. This growth underscores the effectiveness of their strategy to onboard additional prime brokers and executing clients, which has substantially increased the volume of trades.
Expert Insights on Growth Factors
Ben Tobin, Head of Europe at Capitolis, highlighted a direct correlation between the platform's enhancements and its user growth. "The strong growth we saw in 2024 is a direct result of adding more prime brokers, executing brokers, and clients to our Novations platform, with improved functionality and technology advances contributing to increased adoption," Tobin commented. His observations reflect a broader trend toward leveraging technology for improved market participation.
Forthcoming Enhancements to the Platform
Looking ahead, Capitolis has announced plans to introduce further enhancements to the Novations platform within the next year. Features include a new user-friendly interface that will make navigation more intuitive and a streamlined standard workflow process that allows users to make amendments swiftly.
About Capitolis
Since its inception in 2017, Capitolis has been committed to creating a financial landscape that works for everyone. The company’s goal is to remove capital constraints while enabling access to diverse capital and investment opportunities. With a solid foundation in advanced technology coupled with extensive financial experience, Capitolis offers innovative financial solutions aimed at transforming how institutions engage in the financial markets.
Acknowledgments and Recognition
Capitolis has captured attention in the financial technology sector, garnering accolades such as being named in the Inc. 2024 Best in Business list in Financial Services and Innovation & Technology categories. Furthermore, the company was recognized as the World’s Best FX Software Provider by the 2024 Euromoney Foreign Exchange Awards, showcasing its leadership in financial technologies.
Contact Information
For more details about Capitolis and its innovative approaches in capital markets, you can visit their website or follow them on LinkedIn for the latest updates.
Frequently Asked Questions
What is Capitolis?
Capitolis is a technology company focused on transforming capital markets to create safer and more efficient trading environments.
What achievement did Capitolis recently announce?
Capitolis recently achieved $710 billion in Gross Notional on its Novations platform, marking a record month and year for its operations.
How has Capitolis improved its response times?
Capitolis has implemented technology advancements that have led to a reduction of more than 60% in response times for users on its platform.
What future enhancements can we expect from Capitolis?
Capitolis plans to launch a new user interface and improve standard workflows allowing for easy amendments in the Novations platform.
How can I learn more about Capitolis?
For detailed information about Capitolis and its offerings, you can visit their official website or follow them on LinkedIn for ongoing updates.
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