Aix-en-Provence based technology provider smartTrade Technologies has been selected by Desjardins to help to provide enhanced FX services to the firm’s clients, the company announced today.
In need of an end-to-end e-FX trading solution to automate its institutional and retail FX workflows, across all divisions of the bank, Desjardins decided to choose smartTrade’s services for support.
LiquidityFX met all of Desjardin’s functionality requirements while offering a transparent flat rate without the brokerage fee for the company or their liquidity providers.
smartTrade’s solution includes connectivity, aggregation, pricing, distribution, risk management, post-trade, and a highly customizable HTML5 user interface.
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Additionally, Desjardins will be able to provide its traders and retail customers with pricing on multiple currencies.
Albert Lau, Technology and Market Data Advisor at Desjardins, notes that smartTrade was chosen because their FX solution is the best-in-class with respect to technology, functionalities, and streamlined workflow processes.
“The decision was further bolstered by the fact that smartTrade’s services respect Desjardins’ stringent security requirements and protocols. smartTrade understands our specific needs; the professionalism and transparency demonstrated by their teams serves as a solid base to this new business relationship,” he adds.
“We are very happy to be selected by Desjardins and that our turnkey FX solution will allow them to benefit from features that will improve their customers’ experience. We are committed to providing innovative and reliable solutions and we are delighted to see the growing adoption in the North American market,” David Vincent, Co-founder and Chief Executive Officer at smartTrade says.