Aries could be 'Unity for fintech'

8 points

a year ago

Just found this super interesting project called Aries Engine. They're pitching themselves as the Unity/Unreal of fintech, which caught my attention. The idea makes sense - before Unreal, game devs would burn cash just building physics engines before touching actual gameplay. Similarly, fintech startups often die dealing with:

Regulatory compliance Market data fees Infrastructure/broker-dealer setup They just got SEC and FINRA (FINRA stands for Financial Industry Regulatory Authority. It's a private, non-governmental organization that regulates the U.S. securities industry) approval and are launching an open development platform that supposedly handles a lot of this. They have built two reference apps they're open-sourcing:

An infinite canvas trading platform (widgets + TradingView/Discord integration) Mobile trading app Tech stack includes the usual suspects: commission-free trading APIs, options chain data, real-time feeds, etc. Team apparently built APIs for major brokerages before.

They have 16k+ MVP users. Planning futures/commodities and international. Crypto exchange in the works too (whitepaper available).

FINRA check: https://brokercheck.finra.org/firm/summary/330235

Anyone here tried building fintech products before? Curious how significant this could be. The FINRA approval seems legit, but interested in hearing takes from people who've dealt with these infrastructure problems firsthand.

Tweets talking about it.

https://x.com/Aries/status/1892281286301020671

https://x.com/DeItaone/status/1892280491111293355

Thoughts?

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