Solutions

Cherry pick from a wide range of customizable digital solutions engineered from the ground up to satisfy the most discerning of traders.

Production ready FYNXT modules connect directly to your existing trading platforms as well as other industry standard offerings instantly, seamlessly, painlessly. Integrated, closely coupled solutions immediately leverage your investment in your existing platform(s) to catapult your business to the next level.

A comprehensive solution for FX/CFD brokers to optimally manage their Clients, IB’s, Compliance, Sales & Operations. 

An elegantly rebranded portal, specifically designed to provide a unified and intuitive user experience for your clients, whether first timers or seasoned professionals.

A next generation Managed Accounts platform, engineered to attract quality fund managers and investors.

Empower your IB’s with an intuitive, N-level IB Management system.​

Utilize our platform to create a powerful alternative marketing channel for your brand, or those of you IB’s and Affiliate Partners, with minimal investment and IT overhead.

Your single interface to an inter-connected world of multi-asset markets globally; whether FX, CFD’s, Crypto’s, Equities, Futures, our platform connects instantly.

Packed with plug-n-play modules, for accelerating business value with a modern approach.

Purposefully designed for the always-on, mobile needs of the digital native.

A front-end stack that helps you to create pixel-perfect onboarding pages, across all desktop and mobile, from day one.

About Us

FYNXT, previously known as Simple2Trade is a Singapore-based fintech that empowers FYNancial Services with the NXT-Gen Digital Front Office.

FYNXT is an established, highly regarded Singapore based fintech, immersed, very much at the leading edge of enterprise SaaS development.​

We strive to empower financial services organizations, to be nimble and faster in reinventing, specifically a particular segment then scale segment.​

We are proud of our dynamic team and invite you to meet them here

We have a diverse and balanced Board with complementary backgrounds providing a broad range of relevant skills and experience.

We partner with a vast set of leading ecosystem partners, to help push the boundaries of what technology can enable for your business.​

We partner with a vast set of leading ecosystem partners, to help push the boundaries of what technology can enable for your business.​

Tell us how we can help and we’ll be in touch shortly.​

Careers

Join a team that values diversity, learning and a healthy work-life balance.

If you are talented, passionate, committed and know the difference between a bid and an offer, talk to us.​

We are inclusive and value the uniqueness, that each employee contributes to our team and open the doors to endless learnings, with some of the best minds, leading various teams.​

Browse through all open positions at FYNXT, and pick the challenge that excites you most.

Resources

A rich repository featuring diverse content: blogs, news, and case studies, empowering Brokers with valuable insights.

A diverse collection of insightful articles and expert opinions on emerging trends in fintech and FX/CFD markets.

Get the latest information about how FYNXT is evolving in the world of FinTech. 

Get a comprehensive analysis of a FX/CFD brokers scenario, offering valuable insights and practical solutions for real-world problems.

How No-Code Tools Foster
Innovation in Financial MarketsFYNXT Arrow Icon

5 mins read
Share :

In 2020, the low code development platform (LCAP) market was a $4.44 billion industry. That number catapulted to $5.571 billion by the end of 2021. Much of the growth was attributed to the gathering pace of digital transformation and agile adoption. By all accounts, no-code development tools were making it easier for in-house developers (citizen developers included) to build exceptional digital experiences.

Fast forward to today, and the LCAP market is on its way to becoming a $39.7 billion industry by 2027 at an impressive CAGR of 30.9%. This is when the low-code development technologies are being intensively employed for digital disruption and hyper automation.

Gartner highlighted this growth in a look at just the last couple of years. In 2019, these technologies represented a $9.1 billion market opportunity. That increased to $11.2 billion in the subsequent year and then to $13.8 billion in 2021.

At least some of that is due to growing interest in financial services companies. Operational automation, periodic reporting, self-service, AI-driven service delivery, microservices, API proliferation, data analytics, and workforce management have combined to demand the attention of CFOs and CTOs alike.

Today’s financial services are focused on innovation. A growing number of companies are aggressively seeking out the tools, talent, and technologies that offer the most competitive and innovative solutions to achieve their business objectives.

Some of the most innovative changes are occurring on the no-code/low code side of the spectrum, where the bar for entry is significantly lower. As such, the role of developers within financial services firms, especially core banking institutions, has changed. There’s a paradigm shift on the horizon that is expected to be felt in the talent, technology, and culture outlook for financial services firms.

To that end, this article aims to explore the innovative opportunities that no-code tools are creating in the financial services industry.

The Agile Manifesto and the Needs of Financial Markets FYNXT Arrow Icon

The agile values of interaction, working software, collaboration, and change-responsiveness are not new. In anything, they are being heard more loudly in today’s financial services marketplace. And with good reason.

For starters, the ability of core finance teams to collaborate with non-finance teams (such as IT) has become a critical success factor. In fact, financial services firms without a dev team or full-stack developers are at a distinct disadvantage as they struggle to create an agile business operating model in the early stages of their digital transformation journeys.

No-code tools help realise agile finance by facilitating seamless business-IT collaboration. Customarily, stakeholders beyond the IT team aren’t prepped to issue IT requests because the tooling required to build the most innovative digital solutions tends to be complex. Plus, the institution cannot expect them to be thorough with the software code needed, which is problematic since the output of that code is one of the primary contributors to digital innovation.

That’s where no-code tools come in. They help bridge this gap by allowing non-technical users to participate in the development lifecycle by tapping into a library of pre-built, ready-to-use visual components. Result? Social collaboration is realised, and “time-to-innovation” is reduced.

The benefits don’t end here. No-code platforms further help:FYNXT Arrow Icon

  • Conceptualise user stories for a better understanding of the user’s requirements and the associated development sprints

  • Expedite visual design, which allows for fast iteration and rapid prototyping

  • Reuse existing components and libraries, which leads to continual improvement and timely delivery of the user story

All in all, the no-code approach helps financial services companies advance their agile operating model and embrace concepts of rapid delivery, continuous improvement, and user-centric development.

The Future of Work and Resources FYNXT Arrow Icon

“The economic consequences of the COVID-19 pandemic have validated the low-code value proposition,” says Gartner’s research VP Fabrizio Biscotti.

In the post-pandemic era, no-code development platforms have made a deluge of change possible for finance teams. For one, developers are no longer the province of IT alone. Management is nimble, agile, and open to revamping the development methodology. There are fewer boundaries, less bureaucracy, and fewer impediments. IT is now the facilitator, not the gatekeeper, which allows for more innovation and agility at the frontline.

But what exactly is “changing” to spark this proactive and collaborative approach?

Abstraction Away from Legacy Processes and Systems FYNXT Arrow Icon

As mentioned, no-code tools help break the silos, especially in business and finance teams. A shared understanding of their development journey is essential for all involved in the process.

More than that, they introduce new ways to accelerate production, inhibit hassle, and reduce time-to-market. For instance, Low-code Development Platforms with an automated testing suite and component-driven development allow finance teams to iterate faster and revise more often.

And when it comes to business users (or citizen developers), these tools allow them to quickly turn content into prototypes (or even production-ready applications) with fewer resources.

Then there’s the facility of cloud-native deployments that allows for rapid scaling, which means quicker results and greater agility.

These technological shifts also put security concerns, which otherwise run deep in financial sectors, to bed.

Abstraction Away from Inflexibility FYNXT Arrow Icon

No-code development platforms are becoming easier to learn and use. Sure, you can say that the technical skills of a developer cannot be discounted, but there’s no denying that compared to visual programming, coding is steeped in complexity.

What does this mean for the employee? Simply put, no-code platforms lower the barrier of entry and democratise development.

Of course, skills are required to delve into the intricacies of programming, but it’s a far cry from the expertise required in the traditional approach. In fact, companies can now afford to try new things and implement new ideas. What’s more, they can empower their employees with the tools to bring those ideas to fruition.

Such empowerment is not only good for democratisation, but it’s also great for innovation. That’s because it:

  • Encourages experimentation by multiple parties

  • Spotlights cost-beneficial solutions

The Bottom Line FYNXT Arrow Icon

No-code tools are a win-win.

  • Employees feel more empowered and motivated to contribute to creative solutions

  • Companies reap the benefits of innovation

Of course, the jury’s still out on the potential influence of no-code platforms, but one thing is clear. Change is already underway, and it’s not showing any signs of slowing down.

Recent Articles

Welcome to the Bermuda Triangle of Forex Broker Operations!
FYNXT Successfully Clears First ISO 27001 Surveillance Audit
The FYNXT Qualifier Engine: Unparalleled Flexibility for Fee Structures and Rewards!
Scroll to Top
Open chat
Hello
Can we help you?