Access Bank Nigeria has adopted Integral’s foreign exchange (FX) technology in a move aimed at strengthening its pricing and distribution capabilities while furthering its regional growth ambitions. The partnership marks a significant step in the bank’s strategy to enhance liquidity aggregation, pricing, distribution, and white-label solutions.
The collaboration is designed to establish a foundation for sub-white-labeling services across Access Bank Nigeria’s affiliates and entities, expanding its FX offerings to a broader network of institutions.
Additionally, the technology integration enables the bank to offer a branded graphical user interface (GUI), allowing partners to trade directly through a customizable platform.
With a rapidly growing customer base across West Africa and beyond, Access Bank Nigeria sought a solution that would allow seamless implementation without disrupting existing operations. Integral’s quick-to-market technology was identified as a key enabler, ensuring smooth FX distribution and improved access to liquidity for corporate clients and banking affiliates.
Integral CEO highlights FX workflow optimization
Harpal Sandhu, CEO of Integral, said: “By offering highly configurable and scalable solutions across FX workflows, Integral can help clients meet the evolving needs of their customers, tapping into regional differences and building on existing technological infrastructure.
“The optimized pricing and distribution facilitated by this partnership will enable Access Bank Nigeria to elevate its FX trading and deliver improved service for clients. As the bank continues to demonstrate its position as a leader in both Nigeria and the wider West African region, we’re proud to support its continued growth.”
Access Bank Nigeria’s adoption of Integral’s FX technology comes at a time when financial institutions across Africa are looking to leverage advanced digital solutions to enhance efficiency, competitiveness, and regulatory compliance.
Nigeria’s FX market remains a focal point for the country’s financial sector, with banks increasingly investing in automation and liquidity solutions to optimize market access. The integration of Integral’s technology is expected to position Access Bank Nigeria as a key player in the evolving landscape of FX trading in Africa.
Integral has established itself as a preferred technology partner for financial institutions worldwide, supporting banks, brokers, and cross-border payment providers with cutting-edge FX solutions. Founded in 1993, the firm operates from offices in Palo Alto, New York, London, Tokyo, Singapore, and Bengaluru.
IUX deployed Integral’s pricing, risk management, and MT5 gateway
Earlier this year, IUX teamed up with Integral to boost its operations and client experience. The alliance brings Integral’s advanced technology solutions—such as Price Engine, Risk Management, and the MetaTrader 5 Gateway—into IUX’s platform to upgrade its capabilities and services.
The adoption of Integral’s tools helps streamline workflows, optimize pricing, and increase IUX’s ability to handle large trading volumes. With a focus on low-latency pricing and execution infrastructure, the technology supports trading across multiple asset classes for IUX’s global clients.
Integral’s fixed subscription pricing model offers IUX cost advantages by preventing rising expenses as trade volumes increase. This approach allows IUX to scale efficiently while concentrating resources on customer growth and service enhancements.
On the technology side, Integral has recently upgraded all aspects of the technology stack for its relationship-based trading platform, FX Inside (FXI). The upgraded FX Liquidity aggregation solution addresses the business needs of brokers, banks, institutional and algorithmic trading clients. Specifically, the web-based trading solution is now available through HTML5 browser and mobile devices, and it enables users to offer a single dealer platform (SDP) to their customers.
This actually catches up with a major shift occurring in the FX market demand for SDP platforms driven by customers’ need for asset class diversification, post-trade support, research and market data. A cloud-based environment included in the solution allows for complete customization, as well as RFS and ESP trading in spot, outrights, swaps, NDFs, precious metals and CFDs.
Furthermore, Integral deployed the latest FX Inside technology within its Open Currency Exchange (OCX), an FX ECN that connects to over 250 liquidity sources including banks, brokers and asset managers. The OTC venue supplies more than 3,000 market-making streams in NY4, LD4, and TY3.