Leading brokerage technology provider Leverate announced it will be collaborating with LPS to secure their clients’ most sensitive data

Cyprus, August 2018 – Leverate Technological Trading has announced a strategic partnership with LPS (Leads Protection System), as part of their ongoing effort to provide their clients with a solution which prioritizes security. Under this partnership, Leverate will integrate the LPS system with the back-office solutions it offers its brokerages.

The first brokerage to successfully implement the LPS system under this collaboration, is Leverate’s own LFS (Leverate Financial Services). With a vast database of traders worldwide, the need for a system that can be easily and quickly integrated into the back-office becomes apparent.

In the world of online Forex, the most valuable asset a brokerage has is its database.  Brokers work hard and spend hefty sums to obtain and retain their leads. However, data theft from hackers, ransomware, competitors, and their very own employees, is prevalent in the industry, and is a cause for many brokers’ downfall. Moreover, GDPR regulations leave no room for mistakes, and the treatment of leads is held to strict standards, which failure to comply with will lead to devastating fines that even top brokerages cannot afford.

By integrating with LPS, Leverate can rest assured that their brokers’ clients have the highest level of protection in all their communication channels. LPS uses PCI DSS security practices, and encryption and tokenization methodology, to put security at the forefront while allowing sales and marketing to prosper. With LPS, the sensitive data of Leverate’s traders goes through their very own private Amazon cloud, securely encrypted, and only the trader has access to his data – even LPS vendors can’t access it. Leverate’s brokers can assure their clients that they are GDPR compliant, and do not have to take other 3rd party measures.

“We’re very pleased that Leverate takes all precautions when it comes to their clients’ brokerages,” says Boaz Gam, CEO of LPS.  “Like any other platform provider, they want to do their utmost to ensure the success of their partners, and in this industry, lead protection is crucial to that.”

“We chose LPS because the system truly is all-encompassing in terms of protecting our client’s leads,” says Natalia Vizir, Chief of Revenue in Leverate. “It seems that LPS thoroughly understands the challenges that are present in the online brokerage business, and have tackled each one of them successfully.”

About LPS

LPS is powered by Payneteasy, today’s leading payment platform provider.  The LPS system is designed to protect leads and sensitive data, so that all communication channels are secured using PCI DSS best security practices. Integration with LPS is fast and efficient, with tailor-made functionality, REST API and widgets that do not require changing of work mode.

About Leverate

Leverate is a leading technology provider in the brokerage industry, with a vast experience in brokerage solutions – both on the technology and services side. Leverate’s innovative solutions and services cover every aspect of a broker’s needs, both back-end and front-end, to enable Forex brokers and financial institutions to minimize risk and maximize profits.