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 Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

Eventus and IC360 Form Strategic Alliance to Build Integrity Framework for Prediction Markets

Prediction markets have entered a phase of rapid commercial expansion, regulatory scrutiny, and institutional attention. What began as a niche segment centred on retail speculation has evolved into a serious market structure discussion; one that blends characteristics of sports betting, digital assets, and traditional exchange-traded instruments. As liquidity rises and new venues emerge, so too...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...