BetaNXT & Provable Markets Partnership | WealthTech News
- BetaNXT, a provider of wealth management technology, is partnering with Provable Markets, a New York-based broker-dealer and choice trading system.
- The partnership will provide financial services firms with direct access to Provable Markets' securities lending platform, streamlining operations and perhaps improving efficiency.
- Matt Cohen, CEO and co-founder of Provable Markets, emphasized the benefits of the collaboration.
BetaNXT and Provable Markets are joining forces, revolutionizing wealth management technology. This partnership delivers “real-time” solutions to financial firms, streamlining access to Provable Markets’ securities lending platform, leading to enhanced efficiency and improved trading capabilities. BetaNXT recently expanded its capabilities with teh acquisition of Delta data, further solidifying its place in the tech landscape. This collaboration promises to simplify market entry and improve efficiency for financial institutions, setting a new standard. News Directory 3 continues to bring you the latest in WealthTech. Discover what’s next as these two giants reshape the future.
BetaNXT and Provable Markets Join Forces on Wealth Management Tech
Updated June 25, 2025
BetaNXT, a provider of wealth management technology, is partnering with Provable Markets, a New York-based broker-dealer and choice trading system. The goal is to deliver integrated, ”real-time” solutions to clients via the BetaNXT platform. This collaboration aims to enhance the wealth management tech landscape.
The partnership will provide financial services firms with direct access to Provable Markets’ securities lending platform, streamlining operations and perhaps improving efficiency. Provable Markets offers post-trade solutions and front-to-back trade lifecycle management for both cleared and uncleared securities financing transactions. these solutions focus on execution optimization, cost reduction, operational efficiency, and risk mitigation.
Matt Cohen, CEO and co-founder of Provable Markets, emphasized the benefits of the collaboration. He said the partnership with BetaNXT will enable more financial institutions and wealth enterprises to benefit from a secure and efficient experience in managing their securities lending programs.Cohen added that Provable Markets’ mission is to build solutions that help clients achieve more, better, and faster results, aligning with BetaNXT’s commitment to simplifying market entry and improving participant efficiency.
BetaNXT expanded its capabilities in May with the acquisition of Delta Data, a global investment fund solutions firm. This acquisition enhanced BetaNXT’s suite of tools, including trade management, mutual fund sub-accounting, revenue management, transfer agent functionality, fee management, and compliance tools for asset managers.
What’s next
The partnership between BetaNXT and Provable Markets signals a move toward more integrated and efficient wealth management technology solutions.Financial firms can anticipate streamlined access to securities lending and enhanced trading capabilities.