22.12.2022 08:30:00 CET | Huddlestock Fintech AS | Non-regulatory press releases

Huddlestock Fintech AS, a provider of innovative, end-to-end technology solutions to the capital markets, treasury, and wealth management industries, has entered into an agreement with a Northern European investment bank to create a digital self-service brokerage functionality to supplement its more traditional brokerage and investment businesses for high-net-worth individuals.  In choosing the digital trading and investment solutions offered by Huddlestock Trader and Huddlestock Investor Services, the investment bank will be able to expand its client services offering and increase its share of customer wallets, by adding new functionalities and products, and extend its geographical reach. 

The service will be powered by Huddlestock’s white-label trading solution Huddlestock Trader and hosted by Huddlestock Investor Services’ operational platform, providing current and future clients’ access to trade global capital markets directly from their new digital platform.  With Huddlestock Trader, their clients will be able to trade more than 35,000 financial instruments, including equities, fixed income, FX, Futures, CFD´s and ETF´s, while receiving full back-office, compliance, and regulatory reporting support from Huddlestock Investor Services.  Initially focused on the Nordic countries, the new platform is scheduled to go live in the first half of 2023.

The agreement delivers on multiple aspects of Huddlestock’s corporate strategy, delivering low-cost white-label trading solutions alongside a suite of outsourced back-office and regulatory reporting services.  Huddlestock Trader is the plug-and-play technology solution underpinning Huddlestock’s Investment-as-a-Service solution and connected through APIs.  Huddlestock’s digital platform and regulatory solutions empowers financial service providers and online brokers all over Europe to offer in-house trading and investment services to their customers.  

“We are delighted that the Northern European investment bank has chosen to work with us. Through Huddlestock’s trading solution, investor services, and infrastructure partners, the investment bank can offer their users a truly Nordic and pan-European trading experience.  Building on our vision of democratizing access to capital markets, Huddlestock’s Investment-as-a-Service solution allows more players to enter the self-service, online investment industry, opening and making investing accessible to a wider range of investors.  We are thrilled to accompany our partner on their journey,” says John E. Skajem, Group CEO Huddlestock Fintech. 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com

About Huddlestock Fintech AS

Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business.  We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries. 

Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock’s SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock’s mission of delivering financial inclusion by democratizing access to capital markets.

Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26th November 2020, as Norway’s first fintech company to be publicly traded. 

For more information, please visit www.huddlestock.com

Attachments

  • Download announcement as PDF.pdf

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