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Multi-asset electronic trading and payments technology provider smartTrade Technologies has launched smartTrade Flow, a post-trade platform covering matching, reconciliation, settlement and regulatory reporting across asset classes.
The Aix-en-Provence headquartered firm announced the product on 14 September 2026. Flow takes trades from front-office execution through middle-office controls to back-office fulfilment, bringing matching, reconciliation, risk and position tracking, accounting, settlement, regulatory reporting and audit into a single application. It covers FX, precious metals, money markets, fixed income, crypto and derivatives.
Flow is a standalone product that connects to existing trading platforms via API. It also connects natively to smartTrade's LiquidityFX (LFX) trading solution and its Commercial Banking and Payments (CBP) platform, so trades pass from a client's execution platform directly into post-trade processing. Institutions already running LFX or CBP source trading, payments and post-trade operations from one vendor on one platform.
David Vincent, CEO and Co-Founder, smartTrade Technologies
"Our clients trust technology for their trading and payments workflows. But what happens after the trade is often where inefficiencies, breaks and errors occur, costing both time and money. smartTrade has brought a new solution to market to address these challenges."Flow takes executed trades and payments through matching, reconciliation, accounting, settlement and reporting, delivering a more efficient post-trade service, saving money, reducing risk, and helping banks to grow market share." - David Vincent, CEO and Co-Founder, smartTrade Technologies
Why has smartTrade built Flow
smartTrade said post-trade has been left behind by two decades of front-office modernisation, and set out five areas the platform targets.
Late break detection. Matching and reconciliation still run overnight, in batch or in spreadsheets, so exceptions surface after settlement. Flow matches executed trades and cash flows from every connected source and reconciles them in real time against external account and transaction data via SWIFT, CLS and API, recording investigation outcomes so the same break is not worked twice.
End-of-day cash and risk visibility. Nostro and Vostro balances, limits, positions and P&L sit in separate systems. Flow tracks them in real time, forecasts balances, warns of impending breaches, identifies potential settlement breaks and recognises P&L as it happens.
Manual settlement. Client and inter-bank payments move through email, queues and manual approvals. Flow provides configurable inbound and outbound settlement queues with screening, funding, repair, approval and investigation under full controls and tracking.
Reporting and audit. Regulatory submissions are assembled across tools and auditors ask for exports. Flow produces audit, control, credit, reconciliation, P&L, position and regulatory reports, submits EMIR, MiFID II, DTCC and other formats directly to trade repositories, and records every user and system action in real time.
Developer dependency. A new matching rule or workflow ordinarily waits on IT. Flow places matching rules, reconciliation runs, queue movements and maker-checker requirements with entitled business users, alongside configurable dashboards and notifications delivered on platform, by email and through Microsoft Teams.
Part Of The smartTrade Ecosystem
Within the smartTrade stack, LiquidityFX provides trading, Commercial Banking and Payments provides trading and payments, and Flow completes the lifecycle with post-trade operations. A trade executed on LFX or a payment released on CBP passes directly into Flow without re-keying or a second vendor. smartTrade Agentic Copilot (STAC) extends across all three, surfacing items that need attention and explaining transactions on demand. Institutions running execution elsewhere connect Flow to their existing platforms via API.
smartTrade Flow is available to clients now and is being demonstrated for the first time at TradeTech FX Europe, held at the Mövenpick Hotel Amsterdam from 15 to 17 September 2026.
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