Cognotec wins contract with Standard Chartered

Standard Chartered has announced its adoption of FXall CONNECT from Cognotec.

FXall CONNECT’s application program interface (API) will give Standard Chartered’s customers access to its liquidity through the FXall multi-user platform.

By selecting Standard Chartered to manage their market risk, banks in the Cognotec e-commerce network have the opportunity to offer a wider range of currencies to their end users.

Along with the Currenex and Atriax adaptors, Fxall CONNECT is an optional portal connection module available as an add-on to the Cognotec AutoDeal LITE service.

These modules form a toolkit to enable banks to connect to proprietary or multi-member execution platforms.

Cognotec is a Dublin-based provider of foreign exchange and money market e-commerce solutions to the financial services industry.