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Centroid Solutions Concludes Integration with SNB Capital Allowing Seamless Access to the Largest Financial Market in MENA
Dubai, October 28th, 2024 – Further expanding its network of financial markets connections, Centroid Solutions is delighted to unveil its successful integration with SNB Capital, the leading broker on the Saudi Exchange and largest investment bank in the Kingdom of Saudi Arabia. This partnership will allow Centroid Solutions’ clients seamless access to one of the largest and most liquid financial markets in the Middle East, the Saudi Exchange (Tadawul).
By Tommy Wong | October 27, 2024
Short Answer
Centroid Solutions has completed an integration with SNB Capital, the leading broker on the Saudi Exchange and the largest investment bank in Saudi Arabia. Brokers using Centroid Bridge can now connect directly to SNB Capital to trade equities on Tadawul, one of the largest and most liquid markets in the Middle East.
How does the SNB Capital integration work?
Through this integration, brokers utilising Centroid Bridge can connect directly to SNB Capital, enabling efficient and secure trading of equities within Tadawul. As the gateway to the Saudi market, this partnership offers significant opportunities for Centroid’s clients, allowing them to capitalise on Saudi Arabia’s rapidly expanding financial ecosystem.
About Centroid Solutions
Centroid Solutions is a fintech leader offering comprehensive technology solutions for multi-asset financial brokers. The company’s portfolio includes advanced risk management tools, connectivity solutions, execution strategies, and business performance optimization tools. Centroid’s technology is designed to help brokers streamline their operations and enhance trading capabilities across a wide range of asset classes.
At Centroid Solutions, we are dedicated to providing brokers with innovative technology solutions that facilitate growth and market access. For more information about this integration and how it can benefit your brokerage, visit our website or contact us at sales@centroidsol.com.
Who is SNB Capital?
About SNB Capital
SNB Capital Company, a licensed entity by Capital Market Authority (CMA), is a leading regional financial institution with deep industry expertise across five business lines: Asset Management, Wealth Management, Securities, Investment Banking, and Principal Investments. SNB Capital is the largest asset manager in Saudi Arabia with SAR 260 billion (USD 69.3 billion) of assets under management as of March 2024. SNB Capital (DIFC) Limited is established in the DIFC and regulated as a category 3A prudential financial institution by the DFSA specializing in the asset management of alternative assets. Further information is available at www.alahlicapital.com. Follow SNB Capital on X @Capital_SNB. For media or general inquiries contact: snbccom@alahlicapital.com
Key takeaways
Centroid Solutions announced its integration with SNB Capital in Dubai on 28 October 2024
Brokers using Centroid Bridge can connect directly to SNB Capital to trade equities on Tadawul
SNB Capital is the leading broker on the Saudi Exchange and the largest investment bank in Saudi Arabia
SNB Capital managed SAR 260 billion (USD 69.3 billion) in assets as of March 2024
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