The Finance Magnates Africa Annual Conference (FMAS) is an essential event for the financial services sector, providing a platform for industry leaders to discuss the latest trends and regulatory developments. This year, FMAS:24 had special significance for us finalto sawhose ODP (over-the-counter derivatives provider) solutions have received significant attention.
In this interview, we speak to Danny Moas, CEO of Finalto SA, about the highlights of FMAS:24 and the growing importance of ODP compliance in South Africa. Mawas shares insights into why their plug-and-play solutions are revolutionizing the market, the positive reception from local and global companies, and the critical steps companies must take to remain competitive in this rapidly evolving regulatory environment.
Can you share some highlights from FMAS:24 and explain why your ODP solutions have attracted so much attention?
FMAS is always a vibrant event, and this year was a major milestone for us and the wider financial services sector in South Africa. We have seen significant participation from new entrants and existing local brokerages, both of which are expanding their operational presence in the region. With restrictions on derivatives trading, everyone strives to gain a first-mover advantage.
Finalto is one of the few major brokers with the required ODP license to market derivative products and provide ODP compliant liquidity solutions – increasing demand for us. Achieving ODP compliance is not just about regulatory compliance; It's a competitive advantage. The licensing barrier means that brokers who offer these tools first have a much stronger value proposition in South Africa. Our solutions provide a streamlined, integrated approach that simplifies the process, allowing companies to integrate and comply without bureaucratic hurdles. A significant new B2B ODP integration will be announced soon, once again demonstrating the attractiveness of our offering.
How do Finalto's plug-and-play solutions benefit companies looking to become ODP compliant, and how is the local market responding to this need?
Finalto's ODP solutions focus on ease and efficiency. As the FSCA increases the specificity of market publishing expectations, staying compliant can be difficult. We have invested significant resources to create a reliable, regulatory-certified trading environment, providing peace of mind to our clients. By integrating our services and technologies, companies meet ODP compliance requirements on an accelerated timeline, avoiding red tape. This approach is crucial since the market enforces compliance for all players offering financial derivatives.
The local market has responded very positively. We have had many conversations at FMAS with local and global players who have recognized the benefit of our solutions. Many companies are beginning to secure their ODP compliance through our services, while others seek not to be left behind. Businesses need ODP licenses to stay ahead of the curve, and I can guarantee you that Finalto offers the most efficient path to getting there.
What would you say to executives and decision makers who are still looking for an internal or alternative solution to remain ODP compliant?
The regulator's message is clear: act now. The market is evolving rapidly, and delay could mean a loss of competitive advantage. We are fortunate to have an exceptionally skilled, global compliance department that works daily to stay on top of changing expectations. For companies unable to divert the same critical resources for this purpose, it may not be worth it. With Finalto, companies have a trusted partner to navigate ODP compliance efficiently and effectively. The interest we at FMAS have received for our solutions underscores the urgent need for brokers to keep up.
What are the next steps for Finalto in the South African market following your success at FMAS?
We will continue to enhance our offerings such as our white label solutions and provide unparalleled support to our clients in achieving compliance and operational excellence. Our focus remains on keeping pace with regulatory changes and market demands, ensuring our clients have the best tools and solutions available. We are committed to helping companies succeed in this evolving landscape and are excited about the opportunities that lie ahead.
For any questions regarding how to do this Its final ODP Solutions can benefit you or for more general inquiries with Danny, please send an email to dany.mawas@finalto.com.
The Finance Magnates Africa Annual Conference (FMAS) is an essential event for the financial services sector, providing a platform for industry leaders to discuss the latest trends and regulatory developments. This year, FMAS:24 had special significance for us finalto sawhose ODP (over-the-counter derivatives provider) solutions have received significant attention.
In this interview, we speak to Danny Moas, CEO of Finalto SA, about the highlights of FMAS:24 and the growing importance of ODP compliance in South Africa. Mawas shares insights into why their plug-and-play solutions are revolutionizing the market, the positive reception from local and global companies, and the critical steps companies must take to remain competitive in this rapidly evolving regulatory environment.
Can you share some highlights from FMAS:24 and explain why your ODP solutions have attracted so much attention?
FMAS is always a vibrant event, and this year was a major milestone for us and the wider financial services sector in South Africa. We have seen significant participation from new entrants and existing local brokerages, both of which are expanding their operational presence in the region. With restrictions on derivatives trading, everyone strives to gain a first-mover advantage.
Finalto is one of the few major brokers with the required ODP license to market derivative products and provide ODP compliant liquidity solutions – increasing demand for us. Achieving ODP compliance is not just about regulatory compliance; It's a competitive advantage. The licensing barrier means that brokers who offer these tools first have a much stronger value proposition in South Africa. Our solutions provide a streamlined, integrated approach that simplifies the process, allowing companies to integrate and comply without bureaucratic hurdles. A significant new B2B ODP integration will be announced soon, once again demonstrating the attractiveness of our offering.
How do Finalto's plug-and-play solutions benefit companies looking to become ODP compliant, and how is the local market responding to this need?
Finalto's ODP solutions focus on ease and efficiency. As the FSCA increases the specificity of market publishing expectations, staying compliant can be difficult. We have invested significant resources to create a reliable, regulatory-certified trading environment, providing peace of mind to our clients. By integrating our services and technologies, companies meet ODP compliance requirements on an accelerated timeline, avoiding red tape. This approach is crucial since the market enforces compliance for all players offering financial derivatives.
The local market has responded very positively. We have had many conversations at FMAS with local and global players who have recognized the benefit of our solutions. Many companies are beginning to secure their ODP compliance through our services, while others seek not to be left behind. Businesses need ODP licenses to stay ahead of the curve, and I can guarantee you that Finalto offers the most efficient path to getting there.
What would you say to executives and decision makers who are still looking for an internal or alternative solution to remain ODP compliant?
The regulator's message is clear: act now. The market is evolving rapidly, and delay could mean a loss of competitive advantage. We are fortunate to have an exceptionally skilled, global compliance department that works daily to stay on top of changing expectations. For companies unable to divert the same critical resources for this purpose, it may not be worth it. With Finalto, companies have a trusted partner to navigate ODP compliance efficiently and effectively. The interest we at FMAS have received for our solutions underscores the urgent need for brokers to keep up.
What are the next steps for Finalto in the South African market following your success at FMAS?
We will continue to enhance our offerings such as our white label solutions and provide unparalleled support to our clients in achieving compliance and operational excellence. Our focus remains on keeping pace with regulatory changes and market demands, ensuring our clients have the best tools and solutions available. We are committed to helping companies succeed in this evolving landscape and are excited about the opportunities that lie ahead.
For any questions regarding how to do this Its final ODP Solutions can benefit you or for more general inquiries with Danny, please send an email to dany.mawas@finalto.com.
