iSAM Securities Expands Operations To Cyprus With A New Office

iSAM Securities has extended its business operations to Limassol, Cyprus, with a new office. The firm provides trading technology and institutional liquidity to clients globally. According to the announcement, the new office will offer support to clients in Africa, the Middle East, and Europe. It will also expand the firm’s current product offerings and operations, including the risk analytics platform and Apex liquidity bridge.

The New Office Will Provide Support For Multi-Asset Brokerages

Chief Commercial Officer of iSAM Apex, Dennis Weissert, commented on the development. He stated that the recent expansion of its operations and the opening of its Cyprus office is evidence of the company’s drive for growth. It’s a milestone in the firm’s quest to expand its operations and product offerings. Weissert says the firm will continue to seek growth opportunities as it provides first-class client support.

The firm chose Cyprus because of the availability of skilled professionals and an already established financial sector in the region. According to iSAM, the new office will support multi-asset brokerages, offering them the tools and resources they need to succeed. The office will provide tools and services designed to meet the operational and technical needs of retail trading firms in the region.

Weissert added that it’s important for the company to have exceptionally experienced and knowledgeable teams in each of its offices. This ensures the contiguous growth and development of Radar and Apex, enabling the firm to provide improved services to institutional clients across multiple time zones.

iSAM Securities Integrates TRACTION’s Reporting Platform

iSAM Securities already has offices in Florida, Hong Kong, London, and the Cayman Islands. The company is regulated by the CFTC in the US, the SFC in Hong Kong, and the FCA in the UK. Additionally, it is registered with CIMA in the Cayman Islands. iSAM wants to continue expanding its operations and plans to open more offices across Europe and Asia in the future.

In a related development, iSAM Securities has integrated TRACTION’s reporting platform into its liquidity bridge, APEX. According to the company, the integration is already live, removing the need to collect data manually. iSAM says the integration will reduce operational workloads and improve data accuracy, which simplifies regulatory reporting.

Also, the integration will enable clients from iSAM Securities to transfer raw data from APEX to the platform easily. It will support several transaction reporting regimes such as CFTC, MAS, ASIC, MiFIR, and AMIR.