Union Financial Technologies is delighted to announce its Union.digital Internet Bank solution has been implemented by FX broker Eurex.
The solution allows Eurex clients to check their balances, trade FX and message. 24/7/365 availability and real-time processing ensure Eurex clients access the best deals at any time in any place.
Eurex in turn will use the Internet Bank to provide market and service updates, personalised offers and automate otherwise manual and time-consuming tasks.
The solution includes back end integrations with SWIFT, to allow Eurex to make direct payments, and to Union.core to ensure that client records, management reports and general ledger accounts are always accurate.
In addition to spot trading the possibility exists to add advanced FX hedging instruments and gold over time.
Commenting on the transaction Peeter Klanberg, CEO said “We have supported Eurex in their Bureau de Change business for some time and are delighted to extend this to the Digital channel. We believe our solution will deepen cross-sell and client relationships while being cost effective and easy to adapt as markets change”.
Neil Mathieson, Business Development Director added “Global FX trading volumes total over USD 5 trillion per day and are increasingly executed online. This deal and functionality are an important step in Union being more active in the FX asset class, allowing us to offer our clients new capabilities and be competitive 24/7/365.”
For further information on the transaction please contact us.