BornTec had the pleasure of attending FIA Boca 2022. It was great reconnecting with customers, friends, and former colleagues after nearly two years virtual.

The advance in technology and cryptocurrency over the past several years showed a strong presence at this year’s conference. There were several crypto exhibitors that spoke on the institutionalization of crypto, which brought a large crowd to the several panel discussions that were held throughout the conference. On a related note, last week we saw Goldman Sachs become the first major bank to execute an OTC crypto trade, and more are likely to follow.

Innovations and business models now employed in the Crypto space caused many to discuss the applicability of these in the broader futures space. Topics included cloud based trading and connectivity and the possibility of rethinking the exchanges model of charging for market data.

Data utilization was another hot topic at the
Boca event, and one close to our hearts at BornTec. Many of the discussions we had were centric to how brokers and FCM’s can make better use of their trade data, run meaningful analytics from their data, and solve key problems like faster customer onboarding through better data dissemination.

The event was among the most well attended Boca conferences on record, and would have likely been a stronger turnout if not for the recent geopolitical and market turmoil keeping some from attending. We spoke to several persons who had meetings canceled last minute as the gyrating energy and commodity markets necessitated key people stay home to attend to business during this time.

We had a busy and enjoyable conference and can’t wait for next year.