Singapore-based brokerage firm Straits Financial Group has announced that it has partnered with Integral to deploy new e-FX workflow automation and trading technology to drive business growth.
Integral BankFX was the solution selected by Straits Financial, who working in collaboration with Integral were able to design and deliver a bespoke solution to service existing customers and add new business. The platform offers Straits Financial full automation of its e-FX workflow, including pricing and risk management tools alongside a fully customisable trading platform and mobile trading app.
Vikas Srivastava, chief revenue officer at Integral, says, “A financial institution’s ability to differentiate its FX offering is simultaneously becoming increasingly important and difficult. Working with Straits Financial, we deployed a full-service solution that was completely customisable, allowing them to deliver a fully bespoke FX service to their customers while improving operational efficiency.”
Raymond Mok, Straits Financial’s global head of FX, adds, “We partnered with Integral having sought technology that met the high level of service our customers expect. The platform is incredibly flexible and can be easily configured and automated. As a leading Asian financial institution, non-deliverable forwards (NDFs) in local currency markets are very important to us as well as our clients. Integral’s ability to deliver NDFs on an always-on streaming basis, is significant for our partnership.”