,Singapore

UOB deploys Chronicle's EFX solution to power electronic FX engine

It enables UOB to improve price discovery and enhance pricing capability.

UOB has deployed Chronicle Software’s EFX solution to power its electronic foreign exchange (FX) pricing and trade engine, the bank announced in a press release.

Chronicle’s solution enables UOB to improve price discovery and enhance pricing capability thanks to reduced latency via co-location connectivity.

The FX pricing engine, which is located in Singapore, also supports the country’s ambitions to become an e-trading FX hub in the region, the bank added.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Around 56% of Singaporeans overspend their money during the season.
In 2021, GDP growth hit 7.1%.
The spectrum boost will deliver significant 5G coverage Australia-wide.
Over 270 entries were received from more than 25 countries.
Micro-businesses cited lack of funds as a barrier to technology adoption.
The supervisory roundtable was held virtually.
Winners will be awarded from the first to the second week of December.
Singtel had the most growth for the day.
Its performance improved in two categories.
The expected increase will be driven by three factors.
The two also discussed post-pandemic recovery.
It also recorded a strong performance for H1 2021, despite a net loss of $150.6m.
Jigger & Pony found itself retaining its ninth ranking.
The moderate increase was driven by expansions in five out of six indicators.