How is technology supporting clients and providers in maximising FX market opportunities? Graham Buck talks to Deutsche Bank’s Head of E-FX David Leigh in the run-up to Sibos London 2019 about FX that knows what corporates need before they do…
Just as the cavalry supposedly turned up in the nick of time to save the day, so new technology has arrived to accelerate overdue transformation processes across a spectrum of financial services just as customers grow restless. The FX market is no exception; seamless, end-to-end trading efficiency that extends from front end execution to back office processing has long been the ideal sought by market participants.
The next generation workflow systems introduced in recent times, accompanied by the adoption of application programming interfaces (APIs) and the widespread use of connectivity standards, mean that this goal can now be achieved while real-time cross border FX payments become a realistic target.