Lombard Odier selects smartTrade’s LiquidityFX to boost FX trading services

By Megha Bhattacharya

smartTrade Technologies announced that Swiss bank Lombard Odier & Co. has integrated LiquidityFX, the former’s in-house developed FX solution into its banking platform, to offer enhanced FX trading services to its clients. smartTrade’s LiquidityFX is an end-to-end solution offering aggregation, pricing, risk management, distribution and post-trade solutions. The platform supports a range of instruments including FX Spot, Forwards, Swaps, NDF, Options and Precious Metals.

“We are constantly expanding our offering to ensure that our clients can take advantage of a wide range of investment opportunities and enjoy superior investor experience. FX markets offer a growing number of sophisticated trading instruments that we want to make available to our clients in an easy and cost-efficient way,” explained Stéphane Monier, CIO of Bank Lombard Odier & Co Ltd.

According to Lombard Odier, the integration of a flexible trading services solution into its proprietary wealth management platform G2, will offer a comprehensive set of tailored FX trading functionalities to its private, institutional and third party clients.

“LiquidityFX is the perfect fit for Lombard Odier,” said David Vincent, smartTrade’s Chief Executive Officer. “It’s a mature solution enriching their existing offering, which made integration into their innovative technology platform easy and fast. Liquidity FX’s rich functionality will enable Lombard Odier to further expand its FX trading business in line with its growth strategy whilst offering an improved service to both its wealth and institutional clients. We are very pleased that Lombard Odier has chosen LiquidityFX and we look forward to a long and fruitful relationship.”

Recently, European software investor Hg announced an agreement for acquiring stakes from Keensight Capital and Pléiade Venture in the multi-asset e-trading solutions provider smartTrade. The investment is subject to French workers’ council consultations and customary clearances and the companies have not disclosed the terms of the transaction.