OpenFin, a financial technology company, announced on Friday that BNP Paribas has built and deployed its single dealer FX platform, Cortex LIVE, on the OpenFin operating system.
Cortex LIVE offers users execution methods, greater transparency, and enhanced controls. The platform features a real-time market intelligence portal, Insight LIVE, data visualization, and a real-time digital trading assistant – ALiX.
“The combination of Cortex LIVE and ALiX provides our clients with better execution capabilities as well as an unrivalled digital user experience,” said Chris Meehan, head of product management, eCommerce, and digital at BNP Paribas.
“Leveraging OpenFin to develop and deploy our platform has been pivotal in upgrading our technology stack, solving multiple workflow problems and ensuring our platform is future-proof.”
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As a result of building on OpenFin OS, Cortex LIVE can now be integrated with end client workflows and other complementary applications.
Application interoperability is enabled by industry-wide adoption of OpenFin’s message bus and the FDC3 interoperability standard spearheaded by OpenFin.
“We have been collaborating with BNP Paribas for a number of years on internal smart desktop projects and are delighted they are now deploying this client-facing platform, Cortex LIVE, on OpenFin,” said Adam Toms, CEO of OpenFin Europe.
“Cortex LIVE is rich in data visualisation, workflow automation and client integration, which we believe are key components for next-generation applications.”