New collaboration opportunities by offering new products

QNB Finansinvest, a leading bank-owned brokerage investment firm in Turkey, offers bonds and equities trading across domestic and international markets.

QNB Finansinvest wanted to offer their clients access to fixed income products such as eurobonds, sukuks, and US T-bills. QNB Finansinvest began looking for a reliable liquidity provider with APIs to integrate into own systems, allowing QNB to offer their clients a fully integrated experience. By scaling in line with client needs, QNB could expand their market share and grow revenues.

Challenge: To find a provider offering a wide range of products and a cost-effective solution 

QNB Finansinvest needed a partner to provide a plug-and-play solution with access to a diverse product offering in a timely manner, allowing them to get quickly to market and efficiently leverage the market opportunities.

Solution: Expanding the partner relationship with a leading outsourcing provider

QNB Finansinvest already had an established, more than decade long relationship with Saxo, therefore QNB Finansinvest did not hesitate to leverage the strengths of the relationship to expand the collaboration and offer their clients new products via Saxo’s infrastructure. 

QNB Finansinvest not only uses Saxo’s liquidity pool to offer fixed income products, but also makes use of Saxo’s leading OpenAPI solution which has been fully integrated and customised to QNB Finansinvest’s own trading application.

The collaboration with Saxo ensures that QNB Finansinvest reaches its goals of being a leading investment bank meeting client expectations for domestic and international bonds and equities trading via their own trading front-end. 

Results: Increased foreign currency revenue and client satisfaction

By scaling up and enabling access to new asset classes provided by Saxo's liquidity pool, both companies see an exponential increase in revenue. 

More importantly, QNB Finansinvest's client satisfaction has increased through the provision of a broader product offering and continued high-quality service.

“The collaboration with Saxo ensures that QNB Finansinvest reaches its goals of being a leading investment bank meeting client expectations for domestic and international bonds and equities trading via their own trading front-end.” 

Pamir Karagöz, 
Chief Executive Officer & Board Member