Boston Technologies and Kenmore Design announce strategic partnership to further increase our Start Your Own Brokerage Solution Boston Technologies and Kenmore Design are expanding their global alliance utilizing joint synergies to provide clients with complete end to end solutions to start their own FX brokerage (SYOB).

BOSTON, March 19, 2014 /PRNewswire-iReach/ -- Boston Technologies,  a leading provider of financial technology voted the No.1 fastest growing company in Boston by the Boston Business Journal, is pleased to announce that it has partnered with a leader in Forex software and web development – Kenmore Design. Joint end to end offering will provide truly turnkey solution for FX entrepreneurs ready to untap the potential of the world's largest financial market.

Boston Technologies is known for it's innovative history. Inventor of the first commercial MT4 bridge and Start Your Own Brokerage (SYOB) package, Boston Technologies provides complete end to end  solutions using its world wide ultra low-latency infrastructure network (NY, London, Tokyo, Hong Kong), selection of trading front-ends, flexible setup options, custom-tailored Liquidity and competitive trading conditions via its liquidity partner- Boston Prime Ltd., and personalized customer service in multiple languages.

Together with Kenmore Design, Boston Technologies plans to expand its Start Your Own Brokerage (SYOB) package by offering Web design Services, CRM, account opening workflow automation and Trader Room functionality, all provided in partnership with Kenmore design. The partnership will provide even higher efficiencies and will drive additional functionality and business for both firms.

Following the availability of the Kenmore Design product and services as part of Boston Technologies SYOB package, our clients will be able to enjoy cost advantages and a single point of contact for all their brokerage needs. This is a true differentiator that allows them to focus on the most important revenue-generating part of the business: sales and marketing.

In addition to the business synergies the partnership provides, the companies enjoy working together in a large collaborative work environment in the Innovation District of the city of Boston.

"As our client base continues to expand globally, we seek complementary  product offerings that will make our packages more complete and open new doors for FX businesses to grow and get the tools they need to get more things accomplished in their day", said Natallia Hunik, Vice President of Worldwide Sales and Marketing at Boston Technologies. "We think this partnership addresses a very specific market need for FX brokers who are looking for efficient and quick solutions that are simple, fully integrated and flexible".

"The combination of the Boston Technologies system and our web solutions will improve the quality of new Forex startups as well as established Forex firms," said Alex Sherbakov, Director of Business Development and CEO of Kenmore Design. "We are both excited about the partnership. The Boston Technologies Forex experience coupled with the richness of the Kenmore Design web toolset provides a platform to help grow our customers' business and focus on capabilities that benefit our clients."

Both companies are planning to attend the upcoming Turkey FX Conference where Boston Technologies is planning to conduct an education seminar  "Learn how to save 50% or more on your MT4 running costs"  for  the attendees. The details will be available here shortly. The Conference will take place in Istanbul, April 4-5, 2014.

About Boston Technologies Inc.

Boston Technologies, based in Boston, MA, is a world-leading innovator and provider of trading technology and software for institutional and retail brokerage firms trading in foreign exchange and other over-the-counter instruments. Boston Technologies is headquartered in Boston with additional offices in New York, London, Tokyo and Shanghai. We invite you to learn more about Boston Technologies at www.bostontechnologies.com

About Kenmore Design

Kenmore Design is a recognized name and a comprehensive leader in Forex software and web development. The Boston-based developer is primarily known for its Traders Room, a web-based portal that combines a litany of account options and live forex support.  The company's new MT4 Cloud Trader represents a stateless VPS, allowing users more streamlined access with the application. Furthermore, the MT4 trader is equipped with an interface into the Traders Room solution, fostering a connection with existing trading experiences. Learn more about Kenmore Design at www.kenmoredesign.com

Media Contact: Marketing Department, Boston Technologies Inc, +1 617 3146800, natallia@bostontechnologies.com

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SOURCE Boston Technologies Inc



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