Bound deploys Integral’s SaaS eFX workflow

Rick Steves

“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 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.”

Bound, a currency hedging and risk management company, has deployed Integral’s SaaS eFX workflow solutions to enhance its technology infrastructure, as per announcement.

With a fixed subscription cost, Bound is accessing Integral’s FX solutions to aggregate liquidity from multiple providers and market data sources, offering their clients access to institutional-quality pricing.

The SaaS by Integral is delivered via API, offering seamless integration with Bound’s existing systems and an enhanced user experience for end-users.

Bound has also deployed Integral’s risk management, monitoring, and analytics tools, all with unmatched uptime and customer support.

Liquidity, speed, and precision in risk management

Marita Cavalcanti, CFO of Bound, added: “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 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, said: “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.”

Hundreds of financial institutions, including banks, brokers, and cross-border payment companies, are leveraging Integral as their currency technology partner by embedding the SaaS solution into their workflows and customer-facing services.

FX/CFD broker FxGrow deployed Integral last week

Last week, global trading platform and brokerage firm FxGrow implemented Integral’s SaaS workflow, gaining access to advanced liquidity connectivity, pricing, risk management tools, MT5 gateway, and robust business intelligence capabilities.

The move is aimed at offering a seamless trading experience across various asset classes, including FX, precious metals, energy products, cash indices, commodities, CFDs, and cryptocurrencies.

Integral caters to banks, brokers, and cross-border payment companies, who embed its technology in their workflows and customer-facing services. Founded in 1993, Integral claims it built its cloud technology before the world knew what cloud was.

Integral raised $30 million from Vistara Growth

Earlier this year, Integral secured $30 million in growth financing from Vistara Growth to support its next phase of expansion as it continues to scale its business operations.

With fresh capital in hand, Integral will expand its headcount and advance the product roadmap amid a notable increase in demand from financial institutions for modern, automated platforms capable of meeting complex requirements. Integral’s cloud-native FX trading platform is becoming a preferred choice for many in the industry due to its ability to support diverse client bases, minimize operational and market risks, and reduce internal costs.

Integral’s end-to-end eFX trading and workflow solution has been specifically built for the broker community. The company’s SaaS technology, available at a fixed subscription cost, enables trading platforms to focus on growing their business without worrying about additional brokerage fees.

Integral’s position in the market is particularly relevant as banks and financial institutions worldwide are increasingly transitioning from legacy on-premise systems or internally developed solutions to more modern, cloud-based alternatives. Integral’s modular SaaS platform is seen as a key solution for addressing the cloud-adoption needs within the capital markets and foreign exchange sectors.

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