iTech Software Unlocks New Growth for Brokers with Integrated Savings Accounts

A fundamental question circulates within the operations teams of Forex and CFD brokerages: what happens to client funds when they are not deployed in the market? For decades, capital sitting idle in a trading account has represented a missed opportunity, both for the trader who could be earning returns and for the broker seeking to build a more profound and lasting client relationship.

As the line between trading, banking, and investing continues to blur, leading technology providers are addressing this gap with integrated solutions that reimagine the utility of a brokerage account.

A New Vision for Brokerage Capital

iTech Software, a fintech firm known for its robust trading platforms and broker management systems, is introducing a feature that directly confronts the challenge of dormant funds. The new ‘Savings Accounts’ functionality provides a logical and integrated framework for brokers to offer structured investment plans to their clients. This works on a principle similar to traditional bank deposits, allowing traders to allocate funds to a savings plan for a predetermined period and earn a return.

This development moves the brokerage platform beyond a simple gateway to the markets. It becomes a more holistic financial hub where clients can manage both active trading and passive savings strategies.

Clients can open multiple account types, such as a standard Trading Account, a Bundle Account, or the new Savings Account, all within the same platform environment. This creates a consolidated and convenient experience that enhances the broker’s value proposition.

Empowering Brokers With Simplicity and Control

A key aspect of the new feature is the autonomy it provides to brokers. From their own CRM system, brokerage firms can create and manage a variety of personal and group savings investment plans. The process is designed for operational efficiency, allowing managers to establish a new plan through a few intuitive steps.

Brokers define the core parameters, including the plan’s name, the required deposit amount, the return coefficient, the investment period, and the currency. The system supports plans with or without interest capitalisation, offering flexibility to cater to different client risk appetites and strategic goals. For complete oversight, the broker’s back office contains detailed information for every deposit.

Operations teams can check profits, review logs, see estimations, monitor the remaining days on a plan, and view the status of all active and closed investments. This level of granular control ensures brokers can manage the new offering with confidence and transparency.

A Transparent and Flexible Option for Traders

From the client’s perspective, the process is straightforward and transparent. Brokers using iTech’s CRM solution can seamlessly create Savings Accounts within the CRM and set up plans depending on their specific criteria. These plans will become instantly available to traders via the brokers’ trading platforms, allowing them to choose any of the options that suit their goals and risk tolerance. Once a suitable plan is selected, the trader chooses the deposit amount.

An integrated investment calculator immediately displays the estimated income based on the selected plan and deposit size. This removes ambiguity, allowing clients to make informed decisions about their capital.

The platform provides traders with a comprehensive overview of their investments at all times. Detailed information about active, closed, and prematurely terminated investments is readily accessible. This information can also be downloaded, giving clients a tangible record of their savings activity.

This focus on transparency and user control is designed to build trust and encourage adoption. By providing a simple way to earn a return on otherwise inactive funds, brokers can offer a compelling reason for clients to keep more of their capital within the brokerage ecosystem.

Integrated Technology for Stronger Partnerships

The Savings Accounts feature is not a standalone product but a fully integrated part of iTech’s technology suite. Its introduction reflects a deep understanding of the operational needs of modern brokers and the evolving expectations of their clients.

By equipping brokers with the tools to offer a more diverse range of financial products, iTech helps them strengthen client loyalty and increase assets under management.

For traders, it represents a significant enhancement of the platform’s utility, offering a secure and straightforward path to passive income. For brokers, it is a powerful new tool for attracting and retaining clients. This dual benefit creates a symbiotic relationship where both parties gain tangible value.

This innovation signals a shift toward a more integrated and client-centric future for the brokerage industry, where technology serves not only to facilitate trades but also to build lasting financial partnerships.

To explore how the Savings Accounts feature can benefit your brokerage, schedule a personal demonstration or book a meeting with the team via iContact.