Interview with Amir Shiovich, Capitalise.ai CEO & Co-Founder
Capitalise is a software company, which aims to redefine the way traders utilise automation when creating and managing their strategies. Founded in 2015 by two fin-tech veterans, it is already used by some of the leading international brokers around the globe, FXCM included. It lets you navigate your way through the financial market using everyday English, thus allowing users to optimize their experience without being familiar with technically-complicated algorithmic trading alternatives.
We got in touch with the CEO and Co-founder of Capitalise, Mr. Amir Shiovich to find out more about his vision, beliefs and what the company wants to achieve in the future. Here is what he had to say:
Question: Can you tell us a little bit more about Capitalise's history and what differentiates you as a company? What makes the service special?
Amir Shiovich: Shahar Rabin (the CPO and Co-founder) and I have been friends since our school days. Six years ago, while both worked at Fintech startups that made history since, we teamed up to create our own Algo-Trading. While doing that, we realized that the process is very tedious and accessible only to those with the technical know-how, although any trader needs some kind of automation. Even simple things like defining a rule before going to sleep to protect your position aren't easy.
We realized that creating a service that will allow anyone to define a trading scenario easily, analyze it, and execute it as a one-stop-shop, even from your mobile app, would be a service that any trader would want. The key is simplicity, and what's more straightforward than defining a scenario in plain English?!
Capitalise.ai differentiates by offering a one-stop shop to easily form your trading scenarios in writing, test, and executing them in a very easy and intuitive way. Being able to control and react to market changes on the fly through the mobile app is a great advantage as well. It's a platform that was born from our personal needs.
Question: What's next for the company? Do you have anything big on the roadmap?
Amir Shiovich: We have just started! We are listening to our partners and traders very carefully. We are constantly expanding and integrating with new brokers and crypto exchanges. In 2021 we tripled the number of partnerships, and our 2022 integration schedule is getting full. We see interest from the most prominent players in the financial world.
Our growing community of users is very communicative with the company and provides insights into what features, capabilities, and supported asset classes are missing and would like to have next in the platform. As a data-driven company, we listen carefully and develop the requested features. Our roadmap is full of exciting things that will create even more value for the users!
Question: How do you think the pandemic has affected the capital market and how people invest their money?
Amir Shiovich: At first, COVID created an earthquake, and at times panic. This is even more true in the financial world. I believe that in March 2020 nobody knew where this was going and it affected everyone.
A few months later, we saw a significant rise in the market and in trading volume accordingly. People around the world were unemployed, and getting money from the governments. That led to a new segment of retail traders, looking for opportunities, another income or just passing their time. Since then, the market rallied several times, some say until these days.
Due to the crisis, we saw significant interest in cryptocurrencies and the industry was and still booming with new assets, brokers and enthusiasts. Even today, with inflation floating around everything, people are looking for alternative investments channels, other than fiat currency.
Question: What in your opinion are some trends that will be gaining popularity in the future?
Amir Shiovich: Crypto is here to stay, via this platform or another. I believe that in the next few years more regulation will be applied to crypto, and governments will adopt or launch their own cryptocurrencies. These days cryptocurrencies are a fact, changing the world, and cannot be ignored for much longer.
In the coming years, I believe knowledge sharing will be more dominant. Traders will share their strategies and market insights, and also make money out of it. This is a market being formed these days, and I believe that demand will be increased as more people will look for passive investments opportunities, due to lack of time or knowledge.
DeFi is another interesting field that has been picking up, and in my opinion will become even more popular in the future, as more DeFi based services are created. The concept of DEX (Decentralized Exchanges) is a great example of this, as it allows direct peer to peer cryptocurrency transactions instead of the use of a mediator in between.
Question: What does it mean for Capitalise to be partnered with FXCM?
Amir Shiovich: As a startup, we target the most known brokers and exchanges to partner and provide them with our technology. When we reached out to FXCM, you immediately saw our platform's potential, and we quickly realized you were tech-savvy professionals and have an early-adopter attitude. You believe, as we do, in providing traders worldwide with next-generation trading experiences, capabilities, and market advantage. Based on that common ground we've formed a great partnership.
Question: What is one piece of advice that you would give our traders?
Amir Shiovich: Be sophisticated and plan your trades. The common retail trader today has the capacity and accessibility to data, technology, and automation tools like never before. Use these tools to leverage your skills, strategies, and eventually your funds.