Cross-border payments are growing thanks to a mix of online businesses, borderless commerce, and global trade improvements. In addition to volumes, transfer asset types are growing too. Despite the slowdown in the cryptocurrency market, decentralised assets are increasingly offering fascinating use cases for wealth storage and transfer. Technology has driven this change, whether through APIs […]
Integral saw a significant uptick in demand for its cloud-based services as market participants’ imperative to upgrade their technology gained urgency last year FX participants are under increasing pressure to deliver a great user experience to their customers, and are trying to compete and win while increasing revenue and profitability. When you then add the
Vikas Srivastava, Chief Revenue Officer (CRO) at Integral, looks at five key reasons as to why taking advantage of the cloud is essential for financial firms in the race for market share and profitability. In today’s technology dominated world of finance, people expect their experience to be easy and convenient. Paying a bill with a smartphone
The momentum behind cloud in the financial markets is building rapidly. Last year, over two thirds (69%) of the respondents to our “Future of FX trading” survey expected FX trading flows to be either entirely in the cloud, or to use a hybrid of cloud and on-premise solutions. Perhaps more significantly, nearly a third expected
Integral was an early adopter in cloud technology and has been earnestly and enthusiastically banging the drum for well over a decade. Yet we were still excited by the results of our FX trading technology report, which underscored just how pivotal cloud is set to become in the industry. Based on findings in our report,
The momentum behind cloud in financial services is building, and quickly. With big names such as IBM moving into the space, it signals that this is the future of financial markets infrastructure. Looking specifically at FX, there are many reasons to believe that firms are shifting towards this technology as a central component of their technology stack.
I think I can say with confidence that 2020 has been the strangest year in my career to date. The FX markets have faced their share of global crises and geopolitical disruptions over the decades, yet nothing comes close to the impact of COVID. While these other periods saw a significant surge in FX volatility,
Digital transformation is happening across every sector, and banks in particular are beginning to recognize a digital framework that allows their services to be accessed from anywhere will be key going forward. For banks of all sizes, implementing a digital-first infrastructure is top of mind as the latest COVID lockdowns underscore a lasting remote environment.
The importance of relationships in FX has proved central to institutional trading in recent months. Not that relationship trading ever went away in the FX markets. However, in a clear ‘Back to the Future’ development, the role of the single dealer platform (SDP) is once again having a resurgence. The idea of an SDP renaissance
As pubs and restaurants begin to open their doors in England, so too are the world’s global banking giants. After a prolonged period of working from home, many of the top banks such as HSBC and Goldman Sachs have announced plans to urgently bring workers across the world back into the office. The question is:
It is true that banks are having to do more, with less budget. Recent headlines have demonstrated we’re currently operating in an increasing cost pressured environment. The solution for some banks has been cost cuts through staff reductions – but is this always the right answer? While it’s important to ‘run the lightest ship possible,
With increasing popularity to outsource FX technology at banks, Vikas Srivastava, Chief Revenue Officer at Integral, gets to the core of the matter and explores how to outsource the notoriously complex risk management technology stack. Integral recently spoke on a Greenwich Associates Webinar discussing the key technology criteria an FX desk at a bank needs to
In an era where pundits like to predict doom and gloom for banks FX businesses, Integral’s Chief Revenue Officer Vikas Srivastava offers a different perspective that shows how a change in the approach towards technology can allow heads of FX desks to significantly increase their profits – even during the periods of low volatility. We’re all aware
Global FX markets have seen a lot of change again this year. Volumes are still depressed. The regulatory environment is heating up. A number of new competitors were announced and will be launching in the near future. Is this a good time to start your own FX brokerage? Read what Harpal Sandhu has to say