BCV differentiates its e-FX trading offering with smartTrade Technologies

BCV differentiates its e-FX trading offering with smartTrade Technologies

Aix-en-Provence, France and Lausanne, Swiss3rd March 2016. smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces today that Banque Cantonale Vaudoise (BCV), a Swiss cantonal bank, has released a new hosted FX solution to trade Spot, Forward, Swaps and Precious Metals based on smartTrade’s LiquidityFX.

BCV was looking for an end-to-end e-FX trading solution to replace their existing one. smartTrade’s LiquidityFX out-the-box offering fulfilled all of their requirements with a fast time to market. The platform includes functionalities such as connectivity, aggregation, distribution, risk management and post-trade. In addition to the core modules, it was the order management system and the highly customisable HTLM5 user interface which further distinguished smartTrade’s offer over other solutions. This provided BCV with an agile solution allowing better control over their workflow and the possibility to offer their clients a more appealing user interface.

Eric Vauthey, Head of Trading at BCV said: “smartTrade demonstrated efficiency in implementing their e-FX solution and a great capacity to seamlessly integrate with existing third-party applications. smartTrade’s team showed responsiveness and flexibility in order to deliver an offering that best suited our needs.”

David Vincent, CEO of smartTrade Technologies commented: “We are very pleased to enable our customers to quickly be up and running and to complement our offer with features that allows them to enhance their clients’ experience. We are dedicated to delivering reliable solutions in a short time to market while being flexible enough to adapt to client demand and market changes.”

About BCV:

BCV is the Canton of Vaud’s leading bank for both retail and business customers, as well as one of Switzerland’s top wealth managers. As the community bank of Vaud, its customer franchise, consistently solid financial results and strong balance sheet underpin its status among a handful of banks in the world without government guarantees that hold AA credit ratings from Standard & Poor’s.