Old National Bank Integrates SS&C Technologies’ FX Trading Portal

SS&C Technologies has extended its FX Trading Portal to Old National Bank, granting access to G10 and EM currencies to

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a provider of comprehensive financial services software, has agreed to terms with Old National Bank, to implement and push foreign exchange (FX) trading capabilities for the bank’s clientele, according to a SS&C Technologies statement.

SS&C Technologies has worked with a variety of banking and institutional venues, offering its solutions suite for several venues dealing with multiple asset classes. The new initiative with Indiana-based Old National Bank will help integrate SS&C Technologies’ FX Trading Portal, which helps bring a unified trading solution to banking clients, as opposed to going through a sovereign broker.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

As such, Old National Bank will utilize SS&C’s web-based FX trading solution for its commercial, corporate, and institutional customers with direct market access. In a unique offering amongst US banks, clients will also gain access to not just G10 currencies but also a robust basket of emerging markets (EM) currencies, with additional options to spot, forwards, and swaps.

Suggested articles

ATFX as One of the Brand Sponsors of Finance Magnates London Summit 2021Go to article >>

According to Bob Jones, President and Chief Executive Officer (CEO), Old National Bank, in a recent statement on the agreement: “We selected SS&C’s FX Trading Portal for our Foreign Exchange business because we wanted a modern, scalable platform that would integrate well with our broad range of banking products.”

“Our mission is to deliver unparalleled service to customers. By choosing to work with SS&C, we are delivering on that promise with a client-friendly, web-based solution, in addition to our traditional phone support, to manage foreign exchange exposure on a global basis,” he added.

“The SS&C FX Trading Portal gives Old National Bank a secure, integrated foreign exchange services platform that easily handles real-time, competitive currency transactions. Our proven delivery model and expertise in this space will generate substantial convenience to Old National’s growing customer base,” noted Bill Stone, Chairman and CEO, SS&C Technologies, in an accompanying statement.

Got a news tip? Let Us Know