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New York, Prague - May 16th, 2023 - Esprow, a global Compliance and API Management technology firm specializing in FIX protocol-based testing, onboarding, and API management solutions for the financial industry, has entered into a collaboration agreement with Drebbel, a European sales company. This strategic engagement aims to leverage Drebbel's expertise and extensive network in the European professional trading community to enhance Esprow's international sales footprint.
Through this collaboration, Esprow will benefit from Drebbel's specialized sales team, enabling them to effectively reach and engage with exchanges, banks, and brokers in the European market. By partnering with a team well-versed in the finance business and trading market, Esprow aims to penetrate the European region with targeted and efficient go-to-market strategies.
Francesco Lo Conte, founder and Managing Director of Esprow, commented on the collaboration: "In February this year, we introduced ETP S-Box, a solution designed to simplify FIX API management for trading companies, enabling them to focus on delivering value to their customers. In a market where API management and client onboarding are paramount, we have observed a rapidly growing demand for robust and user-friendly solutions. Working with the Drebbel team, with their extensive industry knowledge, experience, and international network, ensures that we can meet this market demand effectively."
Willem Lambrechts, founder and CEO of Drebbel, shared his enthusiasm about the partnership: "Esprow perfectly aligns with our criteria for supporting international financial technology firms in expanding their operations into Europe. Their proven and business-oriented technology, developed by subject matter experts, addresses the ever- growing compliance and regulatory requirements of the market. The partnership with Esprow will significantly enhance our ability to serve the evolving needs of our clients in the European financial technology industry."
About Esprow
Esprow is an API Management and testing software firm
headquartered in Singapore,
with local offices in New York, and Tokyo. They specialize in providing testing and compliance automation
solutions
for the financial industry, leveraging the FIX protocol and other industry standard protocols, such as ISO 20022
and
exchange protocols.
About Drebbel
Drebbel is a finance industry-focused sales firm
headquartered in Prague, Czech Republic,
with local offices in Luxembourg, Amsterdam, and Ghent. They provide business development and sales services
across Europe, the UK, and North America.