Photographer: Jakob Stigsen Andersen, Midtjyllands Avis
Progress Software Corporation and Caplin Systems have announced they are partnering to provide a fully integrated, end-to-end FX e-commerce solution for Jyske Bank, one of Denmark’s largest banks. The bank has selected Caplin Trader, an HTML5 front end that runs on the Caplin Platform, for end-user delivery. The Caplin solution will seamlessly integrate with Progress Software’s Apama Capital Markets Platform to provide a bird’s eye view of aggregated FX markets in real-time and perform smart order routing, real-time pricing of spot and derivatives, auto-hedging and more.
Jyske Bank’s Head of Department FX, Interest rates & Commodities, Lene Papsoe, explained the reason behind the move: “We see our eFX offering as strategically important to the growth of our business. Our new platform will mark us out as a market leader in the rapidly growing online trading market.”