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FX technology provider Integral has announced that currency hedging and risk management company Bound has implemented Integral's SaaS eFX workflow solutions to enhance its technology infrastructure.
Bound is now utilising Integral's FX solutions, at a fixed subscription cost, to aggregate liquidity from multiple providers and market data sources, offering their clients access to institutional-quality pricing. This is delivered via API, offering seamless integration with Bound's existing systems and an enhanced user experience for end-users.
In addition to the liquidity aggregation capabilities, Bound has also deployed Integral's risk management, monitoring, and analytics tools, all accompanied by unmatched uptime and customer support. This integration enables Bound to better serve their clients by providing faster services that optimise how and when they exchange currencies.
Marita Cavalcanti, CFO of Bound, commented on the implementation, stating, "As our business continued to grow we wanted to add more liquidity providers to ensure the best pricing and FX product capabilities for our customers. Getting started with Integral has been straight forward – what you would expect in a regulated environment but without the hassle. They helped us achieve exactly what we set out to do, adding more liquidity providers on our platform, bringing speed and precision to our client's risk management activities."
Harpal Sandhu, CEO of Integral, expressed his enthusiasm about the collaboration, saying, "We are excited to extend our reach further, enabling firms like Bound to better serve their clients. By implementing Integral's technology, Bound benefits from enhanced risk management capabilities, providing customers with faster services that optimize how and when they exchange currencies. This development is indicative of the growing need for firms to incorporate tier one institutional grade technology into their existing workflows, while maintaining control over their own platform."
