17 October 2017
visit www.response.ncr.com

Bank of Ireland automates FX pricing with Integral

05 August 2002  |  4337 views  |  0 Bank of Ireland automates FX pricing with Integral

Bank of Ireland (BoI) has chosen Integral AutoDealer to automate its foreign exchange pricing and straight-through trade processing.

Integral will provide a central source for foreign exchange rates distribution with connections to BoI systems for instant rate responses. Margins will be applied automatically, based on the bank's rules regarding FX transactions.

Lorcan Connolly, director, information technology, Bank of Ireland treasury and international banking, says the bank chose Integral's solution after evaluating several other products on the market. "Integral's solution will enable STP for a number of channels, promote price consistency and allow for lower operational risks and costs," he says.

Integral AutoDealer, which is fully J2EE compliant, has been integrated with the bank's Oracle9i application server and IBM MQSeries.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

AIB and Bank of Ireland to merge IT infrastructures

AIB and Bank of Ireland to merge IT infrastructures

18 June 2002  |  3721 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.vasco.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14427 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13058 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8955 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7898 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7598 views comments | 13 tweets | 13 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job