Banco de Crédito del Perú goes live on Edgewater MarketsTechnology provider Edgewater Markets today announced that top tier bank and supplier of integrated financial services in Peru, Banco de Crédito del Perú (BCP), has gone live on Edgewater’s new trading platform, leveraging Edgewater Markets software, EdgeFXLatam.
Founded in 2009, Edgewater Markets provides forex services to more than 350 global institutional clients, providing complete software solutions for banks, asset managers, brokers and other financial institutions to access global markets competitively and efficiently. The company utilizes technological advancements and a flexible architectural design to provide Banco de Crédito del Perú with a customized solution for its internal users, onshore clients and global offshore market participants.
The Edgewater Markets platform provides BCP with a customized pricing engine, electronifying the banks pricing algorithms and hedging strategies, expanding their distribution into the global NDF marketplace. The solution access’ the banks onshore real-time electronic pricing sources and forward interest rate curve, which allows BCP to automate NDF pricing. Traders can also manage pricing and risk through a custom built HTML5 visual representation of the algorithmic pricing, providing them with a suite of pricing and risk tools to further augment the pricing strategies.
