As a continuation of many years of successful business in the fintech sector, we are opening the Center for the Development of Financial Technology in 2022. The center will officially start working in April, in the new corporate headquarters of our company in Novi Sad.
We have been operating in the financial technology sector for more than 10 years, and thanks to our developers, our products and services are used in a significant part of the US stock market. Continuously following market trends, we will add expertise in crypto-currency trading tools to our portfolio in 2022. In 2021, we acquired another fintech client, Lightspeed Brokerage, a US-registered broker providing personalized stock trading solutions. M&I Systems Group assists Lightspeed in customer support in using the website and chosen platform.
One of our decade-long partners is Sterling Trading Tech (STT), a Chicago-based global provider of professional technology solutions for stock trading. Intending to improve this strategic cooperation and partnership, we became a shareholder of STT, and we will jointly manage the development center with almost 100 developers.
“The formation of the STT development center in Serbia was the logical next step of the very successful long-term cooperation with M&I Systems Group, as a way to focus the talent, competence, and professionalism of our partners on pushing the boundaries in this sector. ” We are very proud of what we have done together so far and we deeply believe that great successes are still waiting for us,” said Farid Naib, Chairman of the Executive Board of Sterling Trading Tech.
Expanding cooperation with STT, which currently controls ten percent of the daily volume of American capital, is a step that will put our company at the very top of the fourth industrial revolution, and expand the portfolio of services to global capital investments and trade.
“We are very proud that STT, as a global leader in this field, recognized our potential and decided to open its development center in Serbia.” This is a big step, both for our company and the entire IT industry in Serbia because by working in the STT development center, our employees will have the opportunity to learn from the best and also to trace the path of new changes in the Fintech sector. We will strive to present this project of implementation of the most modern market technologies in the best possible way with our highly professional staff and knowledge”, said Vladan Balaban, President of our Group.
Our cooperation with STT started back in 2012 and at the very beginning was based on the maintenance of websites and web applications. In the following years, the cooperation was upgraded by expanding the scope of STT’s operations, so that today M&I Systems Group covers a wide range of tasks in the development, support, administration, and monitoring of the company’s products used around the world.
