Global trading platform and brokerage firm FxGrow has chosen Integral’s SaaS workflow solutions to enhance its technology infrastructure.
FxGrow has successfully integrated Integral’s latest platform, at a fixed subscription cost, gaining access to advanced liquidity connectivity, pricing, risk management tools, MT5 gateway, and robust business intelligence capabilities.
The move is aimed at offering a seamless trading experience across various asset classes, including FX, precious metals, energy products, cash indices, commodities, CFDs, and cryptocurrencies.
“The SaaS solutions that will enable these businesses to better compete in the market”
Mahdi Mazeh, Executive Director at FxGrow, said: “Our decision to implement Integral’s technology underscores our dedication to evolving our offerings and delivering unparalleled service to our clients. With state-of-the-art trading solutions and market insights, we are well-equipped to meet our clients’ evolving needs.”
Harpal Sandhu, CEO of Integral, commented: “We are excited to support the growth of one of the leading retail brokers in EMEA. FxGrow’s decision to partner with us is indicative of the growing advantage for brokers to leverage tier-one institutional-grade technology while maintaining control over their own platform. Integral is well-positioned to provide the SaaS solutions that will enable these businesses to better compete in the market.”
Integral caters to banks, brokers, and cross-border payment companies, who embed its technology in their workflows and customer-facing services. Founded in 1993, Integral claims it has built its cloud technology before the world knew what cloud was.
Integral raised $30 million from Vistara Growth
Earlier this year, Integral secured $30 million in growth financing from Vistara Growth to support its next phase of expansion as it continues to scale its business operations.
With fresh capital in hand, Integral will expand its headcount and advance the product roadmap amid a notable increase in demand from financial institutions for modern, automated platforms capable of meeting complex requirements. Integral’s cloud-native FX trading platform is becoming a preferred choice for many in the industry due to its ability to support diverse client bases, minimize operational and market risks, and reduce internal costs.
Integral’s end-to-end eFX trading and workflow solution has been specifically built for the broker community. The company’s SaaS technology, available at a fixed subscription cost, enables trading platforms to focus on growing their business without worrying about additional brokerage fees.
Integral’s position in the market is particularly relevant as banks and financial institutions worldwide are increasingly transitioning from legacy on-premise systems or internally developed solutions to more modern, cloud-based alternatives. Integral’s modular SaaS platform is seen as a key solution for addressing the cloud-adoption needs within the capital markets and foreign exchange sectors.
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