About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bank Vontobel Selects smartTrade Platform for Foreign Exchange Trading

Subscribe to our newsletter

Bank Vontobel has selected smartTrade Technologies’ hosted LiquidityFX platform to support a new foreign exchange service for spot, forwards and swaps trading. The bank opted for the LiquidityFX solution ahead of other options on the basis of its rich functionality and fast time to market.

Urs Bernegger, head of RM and advisory FX/PM at Bank Vontobel, explains: “The LiquidityFX platform allows us to ramp up our forex offering. It is impressive how fast smartTrade delivered the solution and got us ready to trade on it.”

LiquidityFX was introduced in 2012 and is based on smartTrade’s Liquidity Management System. It includes functionality from connectivity to aggregation, order routing, distribution, order management, post-trade integration and reporting. Connectivity covers more than 40 liquidity providers, many of them in Equinix data centres including NY4, LD4 and TY3 in Tokyo. smartTrade offers LiquidityFX as software only or as a managed service and says the managed service is seeing growing demand, especially among tier two banks and buy side firms.

David Vincent, smartTrade CEO and CTO, says clients are attracted to LiquidityFX by its full lifecycle functionality and its connectivity to liquidity providers. He explains: “We will continue to add liquidity providers depending on client demand. We have our own infrastructure in data centres that host the liquidity providers and can colocate LiquidityFX, which makes client on boarding very efficient as we don’t rely on other providers.”

Looking forward, smartTrade is developing a solution similar to LiquidityFX for the fixed income and rates market. The company already has fixed income liquidity products and clients, but plans to package the products to provide an out-of-the-box, no coding solution. This is due to be available later this year as both software and a managed service.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best approaches for trade and transaction reporting

Compliance practitioners and technology leaders in capital markets face mounting pressure to ensure that reporting processes are efficient, accurate, and aligned with global standards. Market developments and jurisdictional nuances in regulatory frameworks like MiFID II, EMIR, SFTR and MAS create a continual challenge for compliance teams. This webinar brings together senior RegTech executives and seasoned...

BLOG

From Noise to Signal: How AI is Revolutionising Data Discovery for Traders and Investment Managers

The financial markets have never suffered from a lack of data. If anything, the challenge for modern traders and investment managers is quite the opposite: they are drowning in it. From real-time pricing and news feeds to unstructured earnings call transcripts and social media sentiment, the volume of information is immense. The critical differentiator in...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...