Openmarkets provides an API‑first platform that unifies trading, clearing, settlement, custody and wealth‑management tools for financial services firms. Through FIX and REST interfaces, clients gain low‑latency market access, automated compliance workflows and modular SaaS components for portfolio and risk management, enabling rapid, audit‑ready service delivery.
Funding
Funding not disclosed
Founders
Product
Problem
Financial services firms, fintech platforms, and professional traders must integrate multiple legacy systems for trading, clearing, settlement, custody, and portfolio management, leading to high operational overhead, fragmented workflows, and regulatory compliance challenges.
Solution
Openmarkets offers an API‑first, end‑to‑end platform that consolidates trading, clearing, settlement, custody and wealth‑management tools into a single, low‑touch infrastructure. Clients connect via FIX or REST APIs to access Australian and global equity markets with real‑time data and fast execution. The platform includes built‑in compliance modules, automated order‑management, and portfolio administration to reduce manual processes and support regulatory reporting. A modular SaaS suite provides wealth‑management, managed‑account, and risk‑management capabilities that scale with business growth. By delivering a unified, institution‑grade stack, Openmarkets enables firms to launch or expand investment services quickly while maintaining audit‑ready compliance.
Target Audience
Fintech platforms, licensed financial advisers, wealth managers and professional trading firms seeking a turnkey, compliant trading and portfolio infrastructure.
Features
- Open FIX and REST APIs for direct market access with low latency execution
- Integrated clearing, settlement and HIN custody across Australian and international exchanges
- Compliance‑ready workflow engine with automated reporting and audit trails
- Modular SaaS components: wealth‑management, private‑wealth CAR, managed accounts, portfolio administration, and risk‑management
- Real‑time market data and margin pricing engine for derivatives
- Enterprise‑grade security and sandbox environment for developer testing
- Scalable infrastructure handling >$20 bn annualised trade volume for over 150 k accounts