One of the most innovative Spanish banks has chosen SoftSolutions! BestX! platform for its Treasury products distribution project.
The signature comes after an intense consultancy work, where SoftSolutions has provided the bank with advise on the process of streamlining the Fixed Income OMS integration, trading and STP processes.
This recent contract confirms BestX! as the leading Fixed Income e-Trading platform, and extends the reach of BestX! clients to Spain, after Italy and UK.
BestX! is an e-Trading platform that streamlines the Fixed Income order execution, from the OMS to the back office, providing automated execution and Dynamic Best Execution, MiFID compliance and STP to the back office. Currently more than 7 venues are accessed, amongst which are Bloomberg ALLQ, Reuters FIT, Euro-TLX, Hi-MTF, MOT, and many others are in the finale stage of the integration pipeline.
Roberto Cocchi, SoftSolutions! CEO, comments "This contract was won amid stiff competition and stringent quality and process validations. The client has valued our decennial experience and knowledge in the area of Fixed Income e-trading, and is confident that we can build together success stories analogous to the one of Banca Akros's Sabe, which is also built on BestX! platform. We are replicating such success stories nationally and internationally, and we are seeing increased interest from new prospects in BestX!".