BNP Paribas Expands Offerings of FX Digital Trading Assistant ALiX

BNP Paribas, the world's eighth largest bank by assets, recently announced that it has expanded its AI-based FX digital trading assistant ALiX to cover all FX products on its FX trading platform, Cortex FX. 

Launched in September 2019, ALiX was originally only available on the FX algorithms alongside real time analytics and running commentary on execution to traders on Cortex FX. The assistant can now facilitate clients across the full FX products including spot, forwards, swaps, options, and orders.

ALiX is a true one-stop-shop for clients to access live tradable price quickly and easily. The bank has structured ALiX to pack all the power of Cortex FX into one small widget that fits neatly in the corner of a client’s screen, without having to open a separate window.

Since its launch in 2019, ALiX has answered over 400,000 client queries. The expansion of ALiX across the full FX product suite of BNP Paribas will support its clients.

Last month, Fazzaco reported that BNP Paribas has posted its financial results for Q4 2020​, revealing a YoY decrease of 4.5% in revenues.