CASE STUDY

Integral BankFX

Outperform your competition

The Challenge

The Solution

INTL FCStone, Inc. is a Fortune 500 company
employing a team of 1,600 people, serving morethan 20,000 customers in 130 countries. Thecompany provides customers with a full-service
trading capability, and they are a major player in theglobal physical precious metals markets.

Integral set up INTL FCStone Ltd., Precious Metals
with BankFX, a world-class integrated eFX solutionthat offers the most complete set of functionality
on the market. As a cloud-based platform, BankFX
enabled INTL FCStone Ltd., Precious Metals
to design and deliver a bespoke solution that
supported their demands to serve their existingcustomers and add new business.

As the industry moved away from using voice
trading to hedge risk, INTL FCStone Ltd., PreciousMetals needed to find a solution suitable for theirprecious metal client base, predominately physicalgold traders, which would allow them to grow anddevelop the business. Their past solution offered asingle price feed into their trading platform resulting
in limited liquidity and lack of flexibility to respondto client pricing needs.

“Most importantly we wanted a solutionthat would give us access to the best
liquidity from a vendor we could trust.
We found that with Integral.”
Barry Canham, Global Head of Precious Metals, INTL FCStone Ltd.

Requirements of new solution:
 Robust platform, able to handle the high volumes
while pricing competitively and managing risk
 A scalable solution with the flexibility to support
their growing business and still deliver thehighest level of customer satisfaction
 Greater access to liquidity for optimal client
service Managed costs and development Rapid implementation

The solution includes:
 Optimal Price Distribution
BankFX provided INTL FCStone Ltd., Precious
Metals with a richly featured price engine,
giving them the capability to distribute prices
both internally and externally Industry Leading Pricing
Direct bank liquidity and unique sources Risk Management
Implementation of Yield Manager, Integral’s
complete risk management system which
automates, manages and monitors the risk andyield of the most complex FX businesses Cloud Hosted Solution
Zero data and hardware costs and ultra-low
latency connection to a variety of providers andservices
 Post Trade STP Rapid Deployment

CASE STUDYIntegral BankFX

Outperform your competition

The Results
INTL FCStone Ltd., Precious Metals has used
BankFX for over a year. Integral has worked inclose collaboration with them to provide the bestsolution as their business evolves and grows.

The results have been positive:
 Over the last 18 months INTL FCStone Ltd.,
Precious Metals have doubled their business.
The implementation of BankFX has aided thatgrowth“Using BankFX our trading teams are able
to handle a very large trading volume withminimal headcount and virtually no risk ofhuman error.”
Edward Barron, Head of Precious Metals Sales Europe, INTL FCStone Ltd.

 Increased access to multiple source liquidity has
enabled INTL FCStone Ltd., Precious Metals
to manage customer hedging needs even insubdued physical markets
 Provided a full service solution for all tradingneeds in addition to precious metals
 Managed very large trading volumes withminimal overheads and best execution
 Enabled Yield Manager allowing INTL FCStoneLtd., Precious Metals to manage smaller tradesthat otherwise would not be viable for evengreater return and operational efficiency

BankFX Supports 100% Growthof INTL FCStone Ltd., Precious Metals Business

About Integral
Integral is a financial technology company
that helps its customers—banks, brokers,
and asset managers—outperform theircompetition in the foreign exchange
market through innovative solutions forworkflow management and advancedexecution. This powerful cloud-based
platform is the industry’s only answer
for FX institutions that want to designand deliver complete solutions tailoredto their businesses. Integral’s modern
approach of addressing the entire FX
lifecycle with an intelligent platform
allows its customers to achieve thelowest transaction costs, greatest
operational efficiency, and highest yield.
Founded in 1993, Integral maintains
development, support, and sales offices
in Palo Alto, New York, London, Tokyo,Singapore and Bangalore.

North America:+1 212 938 5200

UK/Europe:+44 20 7154 8050

Asia: 		

+65 6808 6489

Japan 		

+81 3 4582 3780

www.integral.com/bankfx©2018 Integral Development Corp. All rights
reserved. Integral technology is protected underU.S. Patent Nos. 6,347,307; 7,882,011; 8,417,622;
8,862,507, 9,412,134; 9,836,789, and patent pending
applications and related intellectual property.