Northern Trust has announced an exclusive partnership with BEx LLC, to deliver innovative FX solutions to meet the growing needs of its clients. Under the new arrangement, Northern Trust will continue to collaborate with BEx to develop customized FX software, including components used in Northern Trust’s advanced electronic FX trading platform. BEx’s software has enabled Northern Trust to drive further automation and support clients with customized trade execution and enhanced transparency and trading efficiency.
“The FX market is evolving rapidly and Northern Trust is committed to being at the forefront of eCommerce developments. It’s critical to have the advanced technology and expertise available to execute FX trades as efficiently as possible, while reducing transaction costs for our clients,” said William Huber, head of Global FX at Northern Trust.