• Industry

    Fintech

  • Location

    USA

  • Platform

    Web

  • Cooperation

    2+ years

About The Project

NubeTrade is an American fintech startup that specializes in facilitating trade operations.

to power their cross-border payments, execute plans to manage their currency risk and ultimately help grow their businesses around the world.

Utilizing our proprietary payment automation technology and currency risk mitigation solutions, we take pride in connecting businesses large and small with the global financial markets and businesses all over the world.

For your single source of access to preferred FX trading venues with a seamless, end-to-end workflow for every trade, meet Refinitiv FX Trading. Get access to deep liquidity in hundreds of currency pairs, efficient and effective execution, and full insight into your trade decisions with FX Trading. You’ll trade smarter, faster, and safer via aggregated trading venues and an end-to-end electronic workflow. You can also trade the way you want, when you want because FX Trading brings together a number of our trading venues. With spot, forwards, swaps, NDFs, options, precious metals, and money markets, you can execute all of your trades through one single solution. FX Trading liberates the infrastructure of traditional FX key stations and replaces them with an easy-to-use, cloud-based platform. Execute your trades seamlessly from pre-trade all the way through post-trade – including straight-through processing, confirmations, settlement instructions, and trade history reports

The core features allow for fully customized customer setups, compliance integration, instinctual user interface, user management, and robust reporting capabilities.

About The Project

Challenge

The goal was to create software that would significantly simplify currency and stock trading, eliminate a large part of manual handling, improve security, and help build win-win business relationships.

Challenge

Solution

The user registers in the app, creates a bid, and launches the automatic negotiation process. We have established negotiation interoperability by designing standard negotiation protocols. AI agents with an independently implemented negotiation strategy can negotiate with each other.

Real-time market data (stock and currency rates, information about companies and brokers) are received from Bloomberg through Azure data Factory, updated every morning and seamlessly integrated into functional modules. Final decision and contract confirmation is made by humans. After the selection of the most attractive bid, the anonymous parties sign a smart contract. The trade operation is performed outside the app.

Solution

Features

  • Security thanks to a smart contract
  • Anonymous bids and quotes
  • Bloomberg API - real-time market data overview
  • Legal entities as parties to the agreement
  • Quick search of counterparties using the search/recommend agent
  • Comply with regulations such as fintrac or ofac

Technologies

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    ASP.NET Web API
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    Azure Active Directory
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    Azure Web Services
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    Azure WebJobs
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    Azure ServiceBus
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    Azure Blob Storage
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    Azure DataFactory
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    Azure SQL database
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    React
Technologies

Business value

NubeTrade automates effective negotiations and agreements and helps achieve better conditions for both seller and buyer, while keeping it anonymous. It saves a lot of time and allows building a wide network of business partners.

Blackthorn vision

Since 2009, we've been assisting technology companies to build and improve their software products. We help to scale tech teams, deliver projects on time and within budget, develop ideas from initial concepts to a final product.

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