ATB Financial Selects smartTrade as Client-Facing FX Web Platform

smartTrade Technologies (smartTrade), a leading global provider of multi-asset electronic trading platforms, announced that Alberta-based ATB Financial, the largest financial institution in the province of Alberta, has chosen smartTrade as its client-facing foreign exchange (FX) web platform.

This partnership marks another important achievement for smartTrade after it was selected by Metalor​ to offer enhanced precious metals trading services to Metalor's global client base in last September. Metalor is a Swiss-based global independent company (part of the Tanaka Group) working in the precious metal fields.

"We were looking for a vendor with a strong reputation, an understanding of FX distribution and trading, as well as the technology to support it," said Ryan Rabin, Vice President of Banking & Payment Solutions at ATB Financial. "smartTrade was able to provide a true end-to-end solution, including connectivity to liquidity providers and support teams that can cater to the custom needs of our client base."

He added that smartTrade's "experience integrating with a large number of book of record providers and payment engines also made the integration process fast and straightforward".

"Our team's wealth of experience in financial markets meant that we fully understood ATB's needs. smartTrade's sophisticated functionality has allowed the bank to reduce its reliance on manual processes and free up internal resources whilst offering an improved service to its clients," said David Vincent, CEO and Founder of smartTrade.