Waton Securities taps AWS to deliver B2B Brokerage Solution

By Gloria Methri

Amazon Web Services (AWS) has announced a strategic partnership with Waton Securities International to launch a safe, compliant, and robust FinTech solution ‘Broker Cloud’ for global brokerage firms and financial institutions.

Waton’s Broker Cloud covers brokerage functions and FinTech SaaS solutions. It provides licensed brokerage firms with sophisticated one-stop execution and clearing services for major stock markets and asset management solutions.

Waton also provides an integrated one-stop solution for those financial institutions without IT capabilities or middle/back-office infrastructure to launch their trading platforms and run brokerage operations digitally.

Empowered by FinTech and Cloud technological infrastructure, licensed banks across continents can set up their own digital trading and investing platforms and provide their users with mobile APP and integrated service solutions through Waton’s Broker Cloud.

Kai Zhou, CEO of Waton Securities International, said that digital transformation and upgrading of traditional brokerage platforms is an inevitable trend.

“At the moment, Broker Cloud has provided services to several licensed brokerages and institutions in Hong Kong, New Zealand, Australia, etc. We firmly believe that Waton Securities International, with 33 years of history and service experience in the brokerage industry, partnering with AWS‘ strong infrastructure and technology advantages, will empower more global brokerage firms and financial institutions to break through existing barriers and deliver best-in-kind customer services to global users efficiently and effectively, while creating more value-add through tailored digital solutions.”