Standard Bank collaborates with ClientKnowledge

Standard Bank is believed to be the fi rst bank in Africa to implement systematic FX liquidity management.

First Published by e-Forex News: January, 2011

Richard de Roos

Richard de Roos

Standard Bank is believed to be the fi rst bank in Africa to implement systematic FX liquidity management. This strategic move has already improved profi tability, reduced transaction costs and reduced risk. The bank responded to an industry need for systems that effectively manage client fl ow by collaborating with ClientKnowledge. The advisory support and expert technical and quant development was undertaken by ClientKnowledge’s Managed Models team. By working in tandem with Standard Bank, connections to feeds and their client fl ow were established. Richard de Roos, Director and head of Standard Bank foreign exchange, said that: ‘Selecting ClientKnowledge to facilitate this process was an important strategic decision. As experts in the wholesale fi nancial services industry, ClientKnowledge has provided us with unique insight into improving our performance, efficiencies and our profitability.’