IntegralFX Now Available in Singapore’s SG1 Data Center
By Leandra Monteiro
- Fixed income
Integral, a technology provider buy side of financial markets, announced that its IntegralFX service is now available in the SG1 data center in Singapore. The cloud-based SaaS FX workflow platform provides banks, brokers and other market participants with a complete eFX system for their internal traders and external clients.
Integral becomes the first complete cloud-based FX workflow SaaS platform in the SG1 data center, co-located with multiple market makers and takers. Benefits for on-premises customers include the ability to immediately deploy pricing engines, algos, connectivity and distribution tools, as well as do pricing, get liquidity, and host algorithms in a one-to-one setup. low latency.
“We are delighted to be able to offer IntegralFX locally in SG1 and extend the many benefits of our FX workflow technology to the growing buy-side in Singapore, the 3rd largest FX center in the world,” said Harpal Sandhu, CEO of Integral. “Due to the modular nature of our cloud-based SaaS technology, customers can take individual components or together as a complete stack to meet their exact needs. Making IntegralFX available locally reinforces our commitment to Singapore and the wider Asian region.
“Our strategic initiative to make Singapore the e-commerce and price discovery hub for Asia is gaining momentum and we are delighted that Integral is launching its SaaS service in Singapore,” said Lim Cheng Khai, executive director of the Financial Markets Development Department at the Monetary Authority of Singapore (MAS). “The strong concentration of regional buy-side players looking for better connectivity and e-commerce solutions is growing and we are very pleased to welcome a global technology player to help support the growth of financial services locally.”
“At KGI Securities we are focused on precious metals and Asian NDFs, so we are very pleased to support initiatives that make it easier for clients to trade them in a Singapore data center,” said Ken Ong, CEO of KGI Securities. “Integral has proven to be an excellent partner for us and we are happy to support them in this initiative”.
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