Switzerland’s Banque Cantonale Vaudoise goes high-tech with LiquidityFX from smartTrade

Technological advancement is abound at Banque Cantonale Vaudoise (BCV), a bank in the Vaud canton of Switzerland, which has this week released a new hosted FX solution to trade Spot, Forward, Swaps and Precious Metals based on the LiquidityFX system which is developed by French electronic trading liquidity aggregation solutions provider smartTrade Technologies.

According to David Vincent, CEO of smartTrade Technologies, BCV was looking for an end-to-end e-FX trading solution to replace their existing one.

smartTrade’s LiquidityFX out-the-box solution was onboarded, the platform including functionalities such as connectivity, aggregation, distribution, risk management and post-trade processing.

In addition to the core modules, it was the order management system and the highly customisable HTLM5 user interface which further distinguished smartTrade’s offer over other solutions. This provided BCV with an agile solution allowing better control over their workflow and the possibility to offer their clients a more appealing user interface.

Eric Vauthey, Head of Trading at BCV made a corporate statement today:

“smartTrade demonstrated efficiency in implementing their e-FX solution and a great capacity to seamlessly integrate with existing third-party applications. smartTrade’s team showed responsiveness and flexibility in order to deliver an offering that best suited our needs.”

Mr. Vincent added:

“We are very pleased to enable our customers to quickly be up and running and to complement our offer with features that allows them to enhance their clients’ experience. We are dedicated to delivering reliable solutions in a short time to market while being flexible enough to adapt to client demand and market changes.”