smartTrade is Mizuho Bank´s core technology provider for FX platform

KUALA LUMPUR, March 28 (Bernama) -- Multi asset, end-to-end trading solutions provider, smartTrade Technologies has been chosen by Mizuho Bank Japan to deliver the bank’s next generation e-FX platform.

smartTrade’s LiquidityFX platform provides low latency connectivity combined with sophisticated aggregation, execution, smart order routing, order management, distribution, analytics and risk management.

By selecting the platform, Mizuho Bank will centralise the aggregation process as well as optimise and internalise the management of their very significant FX flows.

This will not only generate considerable cost savings for Mizuho but also create new opportunities for its clients.

Mizuho’s core requirements include an advanced and open out-of-the-box solution, allowing the bank an easy injection of its own intellectual property, advanced algos and AI, while supporting the financial institution in constantly assessing new technologies to obtain further improvements.

“After a thorough review process, we are very pleased that Mizuho has selected our LiquidityFX platform to support their e-FX growth,” said smartTrade Technologies chief executive officer, David Vincent.

“The combination of our low latency connectivity and execution stack combined with sophisticated pricing and distribution functionality will allow them to enhance their execution and risk management efficiency.”

-- BERNAMA