The United Kingdom International Bank (BACB) has announced that it has chosen Integal, a leading currency technology provider in financial markets, to transform FX functions.
Founded 50 years ago, BACB provides global funding and cash contract solutions to customers operating and specializing in specialized markets. In the midst of increased demand by its customers, BACB will enhance FX execution capabilities by adopting Integal’s technology for liquidity, pricing, distribution and white labeling.
Integral’s price integration will allow the bank to formulate its own pricing for local currency pairs. By adopting a fully branded white label solution, with an extremely custom user environment, BACB will be able to distribute uninterrupted pricing to customers – ensuring valuable space on the screen incorporating their web platform directly with their customers other trading tools. It is a vital element of the bank’s FX optimization. It eliminates manual pricing and distribution procedures with resources that are still prevalent in all areas it serves, allowing more competitive prices in Middle Eastern and African markets.
In addition, improved, improved work flows supported by INTERGAL technology will improve transparency and reduce the manual weight of compliance processes.
Vikram Yadav, Treasurer on Bacb, explained,
“Automated FX capabilities, powered by Integral, will allow BACB to benefit from advanced distribution capabilities, real -time pricing and improved liquidity aggregation, while focusing on what is at the heart of our business: built -in. Transformation, supporting the development of BACB and ensuring that customers benefit from highly sophisticated, flexible FX work flows. “
Harpal Sandhu, Managing Director of Integal, commented,
“High levels of configuration facilitated by Integal’s solutions will allow BACB to quickly adapt to its customers’ requirements and changes in foreign exchange markets throughout African and Middle East.”
For complete
Integal is the coin technology partner in hundreds of financial institutions, including banks, brokers, investors and cross -border payment companies, which have integrated Integal’s technology into their work flows and the services facing customers.
It was first approved by financial markets and now integrated into all industries – Integal’s built -in FX services solve the challenges of the coins facing each world organization.
Founded in 1993, Integal supports customers from our offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.