225-year-old Swiss Bank integrates smartTrade FX solution

Rick Steves

LiquidityFX is able to cover the needs of institutional FX and derivatives brokers’ needs for connectivity to multiple liquidity providers, aggregation, order routing, pricing, and distribution as well as a fully integrated order management system.

Swiss Bank Lombard Odier & Co Ltd has integrated LiquidityFX, smartTrade’s in-house developed FX solution.

The 225-year-old bank is thus entering a world of innovation as LiquidityFX provides connectivity to over 130 liquidity providers and features aggregation, pricing, risk management, distribution, and post-trade as integral functions of the platform.

Supporting a range of instruments including FX Spot, Forwards, Swaps, NDF, Options and Precious Metals, LiquidityFX will be integrated into Lombard Odier’s proprietary wealth management platform G2, which offers a set of tailored FX trading functionalities to its private, institutional and third party clients.

Stéphane Monier, CIO of Bank Lombard Odier & Co Ltd., said: “We are constantly expanding our offering to ensure that our clients can take advantage of a wide range of investment opportunities and enjoy superior investor experience. FX markets offer a growing number of sophisticated trading instruments that we want to make available to our clients in an easy and cost-efficient way.”

David Vincent, smartTrade’s Chief Executive Officer, commented: “LiquidityFX is the perfect fit for Lombard Odier. It’s a mature solution enriching their existing offering, which made integration into their innovative technology platform easy and fast. Liquidity FX’s rich functionality will enable Lombard Odier to further expand its FX trading business in line with its growth strategy whilst offering an improved service to both its wealth and institutional clients. We are very pleased that Lombard Odier has chosen LiquidityFX and we look forward to a long and fruitful relationship.”

In October 2020, Ludovic Blanquet joined smartTrade as Chief Product and Strategic Planning Officer to help shape smartTrade’s vision to deliver the leading cross-asset eTrading solution for its customers.

The 20-year industry veteran joined from Finastra where he was the Global Head of Product Strategy across its five lines of business.

Prior to this, he built Credit Agricole APAC’s global equities trading platform and was APAC regional director for SmartStream, a corporate banking software vendor.

Based in London, Ludovic will lead a team of strategy and product managers responsible for designing and delivering on the future product roadmap in collaboration with smartTrade’s ecosystem of customers, partners, and liquidity providers.

LiquidityFX is able to cover the needs of institutional FX and derivatives brokers’ needs for connectivity to multiple liquidity providers, aggregation, order routing, pricing, and distribution as well as a fully integrated order management system.

The solution also boasts a credit margin module, which allows end clients to trade larger amounts and leverage their cash margin while enabling institutions to monitor and manage their risk coverage in real-time.

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