Bank of Ireland link up with US technology group
Integral is a leading provider of enterprise solutions for capital markets.
Bank of Ireland says Integral will manage all of its internal and branch network foreign exchange pricing and straight-through-processing (STP) of trades.
Integral will provide a central source for foreign exchange rates distribution with connections to appropriate BoI systems to provide instant rate responses.
Margins will be applied automatically based upon a number of different factors applicable to various types of transactions conducted by the bank. The new work methods should be more cost effective and faster service.
