Bound Selects Integral technology to upgrade its Pricing, Risk Management and Analytics Capabilities
PALO ALTO, LONDON (01 May 2024) – Integral, a leading currency technology provider to the financial markets, announced today that Bound, a modern currency hedging and risk management company, has implemented Integral’s SaaS eFX workflow solutions to enhance its technology infrastructure.
Bound is now utilizing Integral’s FX solutions, at a fixed subscription cost, to aggregate liquidity from multiple providers and market data sources, offering their clients access to institutional-quality pricing. This 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.
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.”
Commenting on the news, 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.”
To learn more about Integral’s cloud-based SaaS technology solution for retail brokers please visit https://www.integral.com.
About Integral
Integral is the currency technology partner to hundreds of financial institutions, including banks, brokers, and cross-border payment companies, who have embedded Integral’s technology in their workflows and customer facing services.
Adopted first by the financial markets and now invaluable to every global business across all industries — our corporate-meets-consumer cloud, technology stack is already powering the change and solving the currency challenges every global organization is facing.
Founded in 1993, we built our cloud technology before the world knew what cloud was, and maintain development, support, and sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangaluru.
