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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Basel III / FRTB: One Framework, Multiple Timelines, Mounting Pain for Global Firms

For much of the past decade, Basel III has been discussed as a global regulatory reform programme moving at uneven speed, but broadly in the same direction. The UK Prudential Regulation Authority’s confirmation of its Basel 3.1 timetable brings welcome clarity for firms operating in the UK market, yet it also underlines a deeper reality:...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

MiFID II Handbook

As the 3 January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) approaches, A-Team Group has pulled together everything you need to know about the regulation in a precise and concise handbook. The MiFID II Handbook, commissioned by Thomson Reuters, provides a guide to aspects of the regulation that will have...