Swedbank has been in production with Aphelion’s Quasar low latency eFX suite since October of last year and reports aggressive growth in their e-FX business since.
“The results of the implementation have exceeded our, already, quite ambitious expectations,” says Madeleine Persson, Head of FX/FI Business Enabling. “At Swedbank we have an expansive strategy, especially within FX and with Quasar´s low-latency platform we have been able to increase autopricing to more currency pairs and tenors and to larger amounts. We are currently autoquoting more than 100 currency pairs. Our eFX flows are now several multiples higher than six months ago. We find the Quasar platform to be exceptionally versatile and configurable.”