just now
Access Bank Nigeria, one of West Africa's largest banking institutions, has implemented foreign exchange (FX) technology from Silicon Valley-based Integral to enhance its currency trading capabilities and support its regional growth strategy.
The implementation includes Integral's solutions for liquidity aggregation, pricing, distribution, and white labelling services. A key component focuses on establishing infrastructure for sub-white labelling, enabling Access Bank Nigeria to extend its FX services to affiliated banking entities. The technology also provides partners with a customisable, branded trading interface.
Access Bank Nigeria has been expanding its presence across West Africa and the broader continent, where digital banking and electronic FX trading are becoming increasingly important for corporate and institutional clients.
Integral's CEO Harpal Sandhu said: "By offering highly configurable and scalable solutions across FX workflows, Integral can help clients meet the evolving needs of their customers, tapping into regional differences and building on existing technological infrastructure.
"The optimized pricing and distribution facilitated by this partnership will enable Access Bank Nigeria to elevate its FX trading and deliver improved service for clients. As the bank continues to demonstrate its position as a leader in both Nigeria and the wider West African region, we're proud to support its continued growth."
The rapid deployment of Integral's technology was cited as a crucial factor in Access Bank Nigeria's decision, as it allows the bank to maintain uninterrupted service whilst developing its distribution network across the region.
