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In a move that marks a significant stride in the realm of cross-border payments and foreign exchange (FX) proficiency, DMALINK®, a renowned data-centric Electronic Communication Network (ECN) for professional FX traders, and COMO Digital Life, a global frontrunner in financial infrastructure provision, have announced a key strategic partnership. This collaboration is set to address the unique needs of rapidly growing innovative technology companies.
A Comprehensive Offering for Innovative Tech Companies
DMALINK® and COMO Digital Life are combining their extensive expertise to devise an all-encompassing solution tailored specifically to meet the needs of fast-growth tech companies. COMO Digital Life, based in Luxembourg, is known for its cross-border multi-currency IBAN accounts with 24+ currency service offerings. These services cater to various platforms, marketplaces, corporates, payment service providers (PSPs), and FinTech’s.
Through this partnership, DMALINK® will leverage COMO Digital Life’s vast knowledge in cross-border payments. The aim is to provide streamlined and cost-effective exchange solutions for international transactions carried out by innovative tech firms. Coupled with DMALINK’s renowned proficiency in FX trading, this alliance promises to revolutionize how businesses handle their global financial operations.
Digitization Initiatives and Enhanced Risk Management
The partnership between DMALINK® and COMO Digital Life also intends to propel digitisation initiatives forward while simultaneously enhancing risk management workflows. Both entities are committed to actively engage with clients to comprehend their evolving needs better.
The dynamic duo will offer value-added services such as:
- Automation
- Service integration through APIs
- Efficient execution processes
These services will not only ensure smoother operations but also foster client satisfaction at every level.
Further Collaborations on the Horizon
DMALINK® and COMO Digital Life are not stopping there. They are actively collaborating on the development of additional products and services that can cater more comprehensively to their client demographic’s specific needs. Their shared synergies extend across various areas of innovation, including digital assets – ensuring clients can leverage cutting-edge solutions that adapt seamlessly to the ever-evolving financial landscape.
CEO Insights
Manu Choudhary, CEO of DMALINK®, expressed his excitement about this strategic partnership: “By combining our FX expertise with COMO Digital Life’s cross-border payment capabilities, we aim to provide a comprehensive offering that empowers technology firms to thrive in the global marketplace.”
Echoing Choudhary’s sentiments was Angela Nickel, CEO of COMO Group who added: “Through our collaboration with DMALINK®, we are dedicated to delivering tailored financial solutions that enable our clients’ digital journey and simplify the world of payments.”
Services Overview
COMO Digital life offers an extensive suite of B2B financial services that include payments and banking (COMO World, COMO Synchro, iBAN-X by Como). These offerings allow platforms marketplaces corporates governments centralize their payments banking transaction needs on an all-in-one fully cloud-based embedded financial services platform infrastructure.
DMALINK®, on the other hand is an independent electronic trading analytics market data venue for institutional FX traders globally DeFinity operates an institutional digital asset ECN for Cryptocurrencies wholesale Central Bank Digital Currencies (CBDC).
This strategic partnership signifies not just progress but also potential – potential for more efficient operations for fast-growth innovative technology companies; potential for further collaborations; potential for continued innovation in this field. It’s safe to say that both parties – along with their diverse clientele – have some exciting times ahead!
Disclaimer: The information provided here is intended purely for informational purposes only and does not constitute any form of financial or investment advice.
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