In its latest move towards digital advancement to modernise processes to improve customer experience, Crown Agents Bank, the global wholesale bank for emerging markets, has partnered with online trading platform 360T. This central trading desk, adopted by major international companies to link request and transaction flows, allows users to directly reduce their operational costs and risks in all areas of the trading life cycle, all the while enhancing compliance and transparency. Automated pricing allows clients to save time managing their currency hedging and risk exposures, gaining access to competitive prices on both major traded and emerging market currencies.
“We can now offer a faster and more efficient service for all our customers who use 360T,” says David Bee, Head of Global Markets at Crown Agents Bank. “And for potential customers looking for illiquid, hard-to-access currencies – from the Belize dollar and Ethiopian birr, to the Nepalese rupee, XAF, XOF and the Zambian kwacha – we can offer very competitive pricing. For all of our customers, we can now support that with great G10 pricing too!”
Regulated by the German Financial Authority, 360T serves the needs of corporate treasurers, institutional asset managers and hedge funds as well as commercial and private banks by providing a link to broad liquidity from more than 200 liquidity providers.
360T has a global presence: used by over 1800 organizations worldwide, it has customers in more than 75 countries and offices in Europe, America, Asia-Pacific, India and the Middle East.
“We’re proud to add 360T to our growing digital offering and are confident that with such market-leading technology we can help our clients adapt to an ever-changing FX environment,” says Bee.
360T is a leading global provider of web-based trading technology. This one-stop cross-asset portal enables clients to trade over-the-counter (OTC) financial instruments, particularly foreign exchange (FX) and short-term money market products, as well as FX and interest rate derivatives.