Australia’s leading bank for businesses in Australia has extended its ongoing relationship with the multi-asset, end-to-end trading solutions provider smartTrade Technologies.
NAB FX business selected LiquidityFX in 2014 as a market connectivity solution and smartTrade’s sophisticated and flexible end-to-end trading platform has proved to be a reliable solution with an
excellent track record of delivering business coverage in challenging time frames while meeting regulatory requirements.
The renewed agreement will also have smartTrade increase its local presence by hiring additional personnel that will be based in Australia.
Sally Mitchell, General Manager of Markets Technology at NAB, said: “smartTrade Technologies is a well-established technology partner for multiple asset classes. They offer high performance, broad
connectivity to the FX markets and solid global support to help us provide leading FX technology services to our business customers.”
David Vincent, Chief Executive Officer of smartTrade Technologies, commented: “We are very pleased to extend our partnership with NAB and to further support their growth. This partnership’s extension and development is proof of a successful implementation with managed, hosted and
collocated services and the capability of covering NAB FX market connectivity, aggregation, and distribution needs.
smartTrade’s presence in the Asia Pacific has proven fruitful as the firm has been able to successfully expand its business in the region. In August, Mizuho Bank Japan chose smartTrade for an open out-of-the-box solution, which allowed an easy injection of their own intellectual property, advanced algos, and AI. The LiquidityFX platform satisfies those needs as well as low latency connectivity combined with sophisticated aggregation, execution, smart order routing, order management, distribution, analytics, and risk management.
Lionel Sancenot, a former executive at IRESS, Amundi, and SunGard Financial Systems, was appointed Global Head of Sales earlier this year. The firm also changed priorities and modified the
responsibilities of its Chief Development Officer, in a measure to strengthen senior management and sales team. In addition, smartTrade appointed Chief Business Development Officer Annalisa Sarasini in charge of its Business Development strategy to lead the company through its next stage.
smartTrade’s presence within the cryptocurrency ecosystem was consolidated after partnering with FINMA-licensed crypto-fiat crypto bank SEBA as a provider of multi-asset electronic trading solutions, including the delivery of connectivity to a large number of liquidity venues, aggregation, and execution, as well as Smart Order Routing (SOR), pricing, distribution, risk, order management, and analytics. smartTrade will also supply SEBA with hosting and collocation services.
