Singapore-based brokerage Straits Financial Group has announced yesterday that it has teamed up with Integral to deploy new eFX workflow automation and trading technology to drive business growth.
Straits Financial offers a full spectrum of derivatives and OTC products to its global client base. Committed to providing a bespoke service, the group needed an eFX platform that could meet the unique requirements of its customers.
Integral BankFX was 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.
Straits Financial will now offer Integral’s eFX workflow as well as sophisticated pricing and risk management tools through a fully customizable trading platform and mobile trading app.
Vikas Srivastava, Chief Revenue Officer at Integral said:
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 customizable, allowing them to deliver a fully bespoke FX service to their customers while improving operational efficiency.
Raymond Mok, Straits Financial Global Head of FX, commented:
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.