ARBES Technologies, a leading European software solutions supplier for banking and finance, has expanded its ARBES TOPAS system for the administration of portfolios and trading on cash and capital markets to include trading on markets in the US.
Nearly 40 trading and investment companies in the Czech Republic and abroad use the ARBES TOPAS information system. Based on the clients’ increased interest in trading on American capital markets, ARBES Technologies has expanded its ARBES TOPAS system to make this possible. Over the past few months, the system has gone through rigorous testing and a certification process, and has become a certified partner of Bank of America Merrill Lynch. This means that clients who use the ARBES TOPAS information system can now trade securities on the most prominent American markets: NYSE, NASDAQ and AMEX.
“We’re thrilled that our ARBES TOPAS system can aid our clients expand and extend their influence to these globally significant markets, where shares of the most prominent global companies are traded and new investment opportunities continue to arise. The challenging certification process that we have gone through has once again confirmed that ARBES TOPAS fulfills all the criteria of a modern system and is able to provide full support for a dynamic activity such as trading on investment markets," stated Tomas Denemark, Head of the Financial and Business Division at ARBES Technologies.