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

A-Team Insight Briefs

OTP Group Selects Integral’s Cloud Technology for Enhanced Global FX Trading Operations

Subscribe to our newsletter

OTP Group, one of the leading banking groups in the Central and Eastern European region,  has selected technology from currency technology provider Integral, to upgrade its FX trading infrastructure. By implementing Integral’s advanced liquidity aggregation, pricing engine, and risk management solutions, OTP Group aims to deliver high-precision pricing and increased operational reliability for its clients. This move aligns with OTP’s commitment to enhancing client service quality and achieving cost efficiency across its FX operations.

Integral’s cloud-native technology facilitated a quick and efficient deployment at OTP Group’s headquarters in Budapest, extending across its regional offices in Central and Eastern Europe and Middle Asia. The scalable, flexible architecture will enable OTP Bank to adapt its FX infrastructure to meet changing client demands, ensuring robust performance and easy future growth, according to the company.

Attila Bánfi, Managing Director of OTP Global Markets commented: “We are constantly developing our money and capital markets services to deliver exceptional service and tailored solutions to our regional and global clients. In order to provide even better service than before, we needed a solution that could deliver accurate, flexible and reliable pricing and risk management capabilities across our entire operating area. Integral’s proven and extensible technology stood out as the ideal partner to help us achieve these goals.”

Harpal Sandhu, CEO of Integral, added: “As a leading bank within Central and Eastern Europe, we are delighted to support OTP Group in optimizing their FX pricing and risk management workflows. With over 30-years of experience and the most advanced technology, Integral is able to offer highly configurable and sophisticated trading solutions to meet the specific needs of regional banks – as we are doing with OTP Group. Our solution will provide OTP Group with the workflow capabilities and environment they need, not only to significantly improve operational efficiency, but crucially their trading workflow capabilities for clients.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

Options Targets AI Workloads with Icelandic Data Centre Expansion

Capital markets infrastructure provider Options Technology has announced a significant expansion of its private cloud infrastructure with a new AI-optimised data centre in Iceland. The move is a direct response to the escalating demand from financial firms for high-density computing power, driven by the rapid adoption of AI for trading strategies, risk management, and data...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Enterprise Data Management, 2010 Edition

The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...