Swedbank has selected Eurobase’s market leading Siena Gateway product to distribute high performance FX streaming prices to, initially, the FXall platform.
The market leading Siena Gateway will provide Swedbank with a strategic tool for the near-zero latency streaming of prices to various channels, e-FX multi-bank portals and proprietary platforms. The product has been specifically designed to handle high trade throughput to manage the ever-increasing e-trading volumes and number of execution venues.
The Siena Gateway incorporates flexible rules-based processing and provides support for ESP, RFQ, RFSQ and Dealer Intervention. To access additional eFX channels and portals the bank only needs to licence additional adaptors which means a fast time to market and a low incremental cost of subsequent connectivity.
The Siena Gateway is part of Eurobase’s market leading Siena e-Trading Solution, which includes Siena eTrader, and Siena Rate Manager. Siena eTrader is a real-time web-based execution platform and Siena Rate Manager enables banks to consolidate multiple price feeds and produce high performance rates that can be published for real-time execution or indicative pricing.
“We are delighted that Swedbank has chosen our Siena Gateway to underpin its eFX infrastructure. Eurobase has rapidly established credibility as a major player in the eFX markets for delivering best of breed solutions on time and to budget. We expect to announce further project wins covering the full range of our Siena eSolution suite of products in the very near future,” says David Mallinder, business development director, Eurobase Banking Solutions.