Access Bank taps US-based Integral’s FX technology to improve service

Integral, a currency technology provider to the financial markets, has announced that Access Bank, Nigeria’s biggest lender by assets, has adopted its technology to help deliver on its regional expansion ambitions and elevate the bank’s FX pricing and distribution capabilities.

Access Bank has implemented Integral’s tailored solutions for liquidity aggregation, pricing, distribution, and white labelling, according to a statement on Tuesday.

“A crucial aspect of the collaboration was the establishment of the foundations for sub-white labelling of Access Bank Nigeria’s services to the bank’s other entities and affiliate banks. The technology also enables the bank to provide a branded graphical user interface to partners, allowing them to trade directly via a customizable, branded platform,” it said.

Integral said the technology would ensure uninterrupted service for the bank’s clients, while enabling the bank to develop its distribution capabilities to corporates and its network of banking affiliates across the region.

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.”