UK’s oldest private bank taps Integral for liquidity aggregation, FX pricing engine, API distribution

Rick Steves

“C. Hoare & Co. and their customers will benefit from our cloud-based SaaS offering, delivering fully automated and highly configurable FX workflow.”

C. Hoare & Co., the UK’s oldest privately owned bank, has tapped Integral’s cloud-based SaaS FX technology to enable its customers to access market liquidity and competitive FX rates across both their business and personal accounts.

The bank has gone live with Integral’s SaaS FX technology solution which includes liquidity aggregation, an FX pricing engine, and API distribution to customers.

A fully automated and highly configurable FX workflow

In the face of continued technological innovation, private banks and wealth managers are partnering with providers to realize the potential of technology and give their customers the best services without the significant costs of building their own infrastructure.

Integral’s FX technology solution offers best-in-class liquidity aggregation, a highly configurable pricing engine and seamless API integration. The solution enables the bank to better serve their existing customer base and address new market segments.

Phil Tither, Treasury Relationship Manager at C. Hoare & Co., said: “Integral’s sophisticated SaaS technology provides us with the capabilities to service our customers with the reassurance of Integral’s expertise and high-quality technology.”

Harpal Sandhu, Chief Executive Officer at Integral, said: “We are delighted to work with one of the oldest financial institutions in the world, bringing our unrivalled experience and market leading technology. C. Hoare & Co. and their customers will benefit from our cloud-based SaaS offering, delivering fully automated and highly configurable FX workflow.”

Integral caters to banks, brokers, and cross-border payment companies in need of an experienced cloud-based FX technology partner. Founded in 1993, Integral serves hundreds of financial institutions, that trade, transact, or exchange $50bn daily on its network.

Integral launched full crypto solution for banks, brokers, and funds

Earlier this year, Integral launched Integral Digital: a full extension of its trading and client distribution platform, traditionally catered to FX, to support cryptocurrencies and fiat-backed stablecoins.

Integral Digital was developed in conjunction with Mint Exchange Inc. and supports Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Stellar, CoDEX, and 100+ ERC-20 tokens. The platform caters to both regulated and unregulated digital asset businesses globally.

Services include aggregation and connectivity to over 30 crypto liquidity providers, desktop and mobile client trading, risk management, and hot and cold wallet custody solutions.

Available on a monthly subscription basis, the platform can easily integrate with in-house and third-party providers via FIX and Rest APIs.

Integral Digital also offers a fully integrated Prime Brokerage solution providing direct market access to multiple exchanges and market makers via a single account. This maximizes netting across multiple venues and reduces collateral requirements.

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