Phoenix Financial Services, a provider of end-to-end global integrated technology solutions and services for the buy and sell side financial sectors, has partnered with XELINK, an algorithmic strategies solutions provider, Bobsguide reports. Phoenix will gradually get full control of XELINK, whose founder and managing director, Alfred Attipoe, will become a shareholder of PHOENIX and member of the executive team.
He will be responsible for heading the algorithmic trading and best execution business unit within Phoenix, enhancing the XELINK product offering. The move will allow XELINK to boost its current solution, benefiting from Phoenix’s SaaS infrastructure and managed connectivity service, data management and professional support services to drive XELINK’s algorithmic platform.
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